Genesis Unicorn Capital Corp.
GENQU
NASDAQ Global Market10.30
USD
+0.87
- -
CIK
0001853112
CUSIP
37187C209
Return %
Stock
S&P500
1Y
- -
26.53
3Y
3.00
76.60
5Y
3.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Adeoye Y. Olukotun
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 281 Witherspoon Street Princeton NJ United States of America 08540
- IPO Date
- Feb 15, 2022
- CIK
- 0001853112
- Similar Companies
- Business
- Genesis Unicorn Capital Corp. is a special purpose acquisition company (SPAC) founded in 2021 and headquartered in Princeton, New Jersey. The company focuses on effecting mergers, share exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or similar business combinations primarily within the biotechnology and pharmaceutical sectors globally, excluding China, Hong Kong, and Macau. Genesis Unicorn raised approximately $86 million in its initial public offering in February 2022. A significant recent strategic shift occurred through its business combination with Environmental Solutions Group Holdings Limited (ESGL), a Singapore-based sustainable waste management provider. This combination, completed in August 2023, transformed Genesis Unicorn into a publicly traded company under the ticker ESGL. The merged entity now focuses on sustainable circular economy solutions, particularly converting industrial waste into circular products using innovative technologies and renewable energy. ESGL operates mainly in Singapore and aims to expand across ASEAN markets, leveraging the region's increasing environmental, social, and governance compliance requirements. This change represents a major operational pivot for Genesis Unicorn from a traditional SPAC to a sustainability-focused industrial company. The company’s latest activities include collaborative efforts to advance sustainable plastic waste recycling technologies and a strategic positioning to capitalize on Singapore’s sustainability initiatives and ASEAN growth opportunities. Genesis Unicorn Capital Corp. operates within the healthcare, technology, and now sustainable environmental solutions industries, targeting multinational corporations and regional industrial clients with a focus on circular product offerings and renewable energy applications. The company’s leadership continues to drive the growth strategy post-merger, emphasizing environmental impact reduction and sustainable development in its primary markets.