The Growth for Good Acquisition Corporation
GFGDW
NASDAQ Global Select0.00
USD
+0.00
- -
CIK
0001876714
CUSIP
G41522114
Return %
Stock
S&P500
1Y
-96.28
18.02
3Y
-99.68
64.11
5Y
-99.68
72.15
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 12 East 49th Street New York City NY United States of America 10017
- CIK
- 0001876714
- Website
- g4ginvestment.com
- Similar Companies
- Business
- The Growth for Good Acquisition Corporation is a special purpose acquisition company (SPAC) focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with companies that align with its mission of inclusive and environmentally sustainable growth. Founded in 2021 and headquartered in New York, New York, the Company targets businesses with strong fundamentals and high growth potential, particularly in sectors related to health, nutrition, fitness, wellness, and beauty, seeking to leverage its management team's experience in public markets and venture capital. The company’s core activity centers on facilitating business combinations rather than manufacturing or selling products directly. Its business model involves identifying and merging with or acquiring companies whose operations promote sustainable and socially responsible growth initiatives. The Growth for Good Acquisition Corporation seeks to partner with businesses that offer products, devices, and applications with a focus on environmental, social, and governance (ESG) criteria. A recent significant development involved its attempted merger with ZeroNox Inc., a provider of sustainable off-highway vehicle electrification technologies. This transaction, initially announced in March 2023, would have made ZeroNox the first publicly listed company in its sector through this merger. However, the merger agreement was terminated by mutual agreement in September 2023, and The Growth for Good Acquisition Corporation ceased its business combination efforts at that time. Since then, the company has not announced any new mergers or acquisitions and continues to operate as a public SPAC listed under the ticker GFGDW. The Growth for Good Acquisition Corporation raised approximately $253 million through its initial public offering in December 2021, positioning itself as a capital partner for growth-oriented sustainable companies. Its investor base includes venture capitalists and public market executives with expertise in executing mergers and acquisitions. The company operates primarily in the United States but adopts a broad mandate potentially covering global businesses aligned with its ESG focus. In summary, The Growth for Good Acquisition Corporation operates primarily as a SPAC targeting environmentally and socially responsible companies in growth sectors including health, wellness, and sustainability. Its latest major activity was the terminated merger with ZeroNox Inc., after which it paused its acquisition efforts but remains positioned for potential future combinations in aligned industries.