Globis Acquisition Corp.
GLAQ
NASDAQ Capital Market9.47
USD
-0.52
- -
CIK
0001823383
ISIN
US3795821095
CUSIP
379582109
Return %
Stock
S&P500
1Y
- -
26.84
3Y
-7.83
77.03
5Y
-7.16
80.55
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
- 805 3rd Avenue New York City NY United States of America 33433
- IPO Date
- Feb 5, 2021
- CIK
- 0001823383
- Similar Companies
- Business
- Globis Acquisition Corp. (NASDAQ:GLAQ) is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a focus on opportunities tied to economic globalization and emerging markets; it currently lacks significant operations. Incorporated in 2020 and headquartered in Boca Raton, Florida, the company raised $115 million in its initial public offering in December 2020 and extended its combination deadline multiple times through June 2022, including deposits into its trust account by sponsor Globis SPAC LLC. In June 2022, Globis completed a reverse merger with Forafric Agro Holdings Limited, a Moroccan agribusiness specializing in wheat processing and vertically integrated operations across Africa including expansions into Burkina Faso and Niger, after which Forafric Global PLC debuted on Nasdaq under ticker AFRI, though Globis shares continue trading with low volume and potential delisting risks noted in 2025. No further acquisitions, funding rounds, product launches, or strategic shifts have been reported since the Forafric transaction, with recent activity limited to ongoing Nasdaq listings and minimal institutional ownership.