Growth Capital Acquisition Corp.

Growth Capital Acquisition Corp.

GCAC
Growth Capital Acquisition Corp.US flagNASDAQ
7.99
USD
-1.32
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Prokopios N. Tsirigakis
Sector
Financial Services
Industry
Shell Companies
Address
The Chrysler Building New York City NY United States of America 10174
IPO Date
Mar 22, 2021
Business
Growth Capital Acquisition Corp. Growth Capital Acquisition Corp. (GCAC) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities across any industry or geographic region; it offers no operational products or services prior to completing an initial business combination. The company maintains net tangible assets of at least $5,000,001 to support such transactions and trades its Class A common stock, warrants and units on the Nasdaq Capital Market under the symbols GCAC, GCACW and GCACU, respectively. Founded in 2010 and headquartered in New York, New York, Growth Capital Acquisition Corp. targets growth-oriented businesses without specified geographic limitations. In February 2022, GCAC completed a reverse merger with Cepton Technologies, Inc., a developer of lidar-based solutions for automotive advanced driver-assistance systems (ADAS), autonomous vehicles (AV), smart cities, smart spaces and industrial applications, with the combined entity renamed Cepton, Inc. and relisted on Nasdaq under the symbols CPTN and CPTNW; this transaction followed stockholder approval on February 9, 2022, where approximately 93.82% of votes cast favored the deal despite significant redemptions reducing trust proceeds. Prior to the merger, GCAC raised $172.5 million in its January 2021 initial public offering through the sale of 17,250,000 units at $10.00 each, fully exercising the underwriters' over-allotment option with Maxim Group LLC as the sole book-running manager. As of late 2025, GCAC maintains a market capitalization of approximately $172 million with ongoing trading activity, though marked as potentially delisted in some listings amid post-merger adjustments.

Company News

APIChatGPT
  • GCAC CORPORATE UPDATE - BeFrii, Revolugroup, CTG, & Product Development

  • GCAC and RevoluGROUP Announce Commercial Development and Revenue Sharing Agreement

  • Global Compliance Applications Corp (GCAC) Appointed Lead Blockchain Advisor and Compliance Auditor for Capital Trust Group's $1 Trillion Digital Bond Project Accelerator

  • Cepton Technologies to Present at the Baird 2022 Vehicle Technology & Mobility Conference

  • Steven Cohen Takes Stake in Growth Capital Acquisiton

  • Cepton Announces $50M Committed Investment in Cepton's Business From KOITO After ADAS Design Win at a Major Global OEM

  • Cepton Technologies, Inc., an Innovator in Automotive ADAS Lidar, and Growth Capital Acquisition Corp., Enter into Business Combination Agreement