FTAC Hera Acquisition Corp.
HERA
NASDAQ Capital Market10.19
USD
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FTAC Hera Acquisition Corp.
HERA
(NASDAQ Capital Market)
Recent
price
10.19
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- FTAC Hera Acquisition Corp. (HERA) operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting financial technology (fintech) companies that power transformation and innovation; it offers no other products or services and conducts no substantive operations prior to completing an initial business combination. Incorporated in 2021 and headquartered in Philadelphia, Pennsylvania, the company went public in March 2021 through an initial public offering of approximately 85.1 million units at $10 each, generating $851 million in gross proceeds, with units comprising Class A ordinary shares and warrants trading on Nasdaq under HERA, HERAU and HERAW. In February 2023, FTAC Hera announced it would not consummate a business combination within the required timeframe under its charter, leading to the redemption of all outstanding public shares at approximately $10.17 per share effective March 8, 2023, the cancellation of public shares, Nasdaq delisting via Form 25, and termination of SEC registration via Form 15; the company thereafter ceased operations and entered liquidation, though certain stock quotes persist at around $10.19 with a market cap of $1.11 billion as of late 2025.