Golden Path Acquisition Corporation

Golden Path Acquisition Corporation

GPCOU
Golden Path Acquisition CorporationUS flagNASDAQ Capital Market
9.82
USD
-1.17
- -
47.46MMarket Cap
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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

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
100 Park Avenue New York City NY United States of America 10017
IPO Date
Jun 22, 2021
Business
Golden Path Acquisition Corporation (GPCOU) operates as a special purpose acquisition company, or SPAC, that completed a reverse merger with MC Hologram Inc. in September 2022, resulting in the combined entity trading as MicroCloud Hologram Inc. under the ticker HOLO on Nasdaq while legacy units persist under GPCOU; the SPAC itself lacks significant independent operations and focuses on mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more target businesses, particularly those connected to Asian markets with enterprise values between $150 million and $300 million. Incorporated in 2018 as a Cayman Islands exempted company and headquartered in New York, New York, it raised approximately $57.5 million in its June 2021 initial public offering through 5 million units at $10 each, each comprising one ordinary share, one-half warrant exercisable at $11.50, and one right automatically converting to one-tenth ordinary share upon a business combination. In the merger with MC Hologram, a Cayman Islands entity operating primarily in China, public rights converted to 575,000 ordinary shares and sponsor rights to 27,050 shares, with MC valued at around $450 million and becoming a wholly owned subsidiary as the surviving entity. MicroCloud Hologram, the post-merger operating company, delivers core holographic technology services worldwide, including high-precision holographic LiDAR solutions with exclusive point cloud algorithms and sensor chip designs for advanced driver assistance systems (ADAS); holographic digital twin technology via a proprietary resource library combining 3D capture, spatial data science, cloud algorithms, and digital content; holographic imaging solutions; and vehicle intelligent vision technologies. Recent developments include MicroCloud's July 2025 purchase of up to $200 million in Bitcoin and cryptocurrency-related derivatives from $394 million cash reserves, retaining $194 million in traditional cash while advancing into blockchain; plans to invest over $400 million from exceeding 3 billion RMB ($430 million) reserves into quantum computing, quantum holography, AI/AR, and blockchain through 2025; launch of a quantum-empowered big data real-time computing system with quantum sensing, error correction, and visualization achieving minute-level data cleaning, 40% faster model training, and 1,000-fold energy efficiency gains; development of an improved Grover quantum search algorithm with FPGA implementation scalable to 32 qubits; proposal of a "quantum degree" metric for system synchronization; and projection of over RMB 350 million ($49 million) net income for full-year 2025 versus a RMB 63 million loss in 2024, bolstering its shift toward quantum and frontier technologies. The company targets global customers in automotive, technology, and emerging tech sectors, with operations centered in China and Nasdaq-listed presence in the U.S..