Hudson Acquisition I Corp.
HUDAR
NASDAQ Global Market0.22
USD
+0.02
- -
CIK
0001853047
ISIN
US44364H1187
CUSIP
44364H118
Return %
Stock
S&P500
1Y
69.23
26.53
3Y
10.00
76.60
5Y
10.00
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
- Warren Z. Wang
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 19 West 44th Street New York City NY United States of America 10036
- IPO Date
- Dec 23, 2022
- CIK
- 0001853047
- Similar Companies
- Business
- Hudson Acquisition I Corp. (Nasdaq: HUDAR) is a blank check company with no significant operations that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Incorporated in 2021 and headquartered in New York, New York, the company operates as a special purpose acquisition company (SPAC) in the financial services sector, targeting opportunities primarily in the United States and Canada but not limited to specific industries or regions; it is a subsidiary of Hudson SPAC Holding, LLC. Hudson Acquisition I Corp. maintains a trust account with IPO proceeds from its October 2022 listing, managed by a small team of three employees led by CEO Warren Wang. In November 2024, Hudson Acquisition I Corp. signed a definitive Business Combination Agreement with Aiways Automobile Europe GmbH, a Munich-based developer and seller of battery electric vehicles (BEVs) including the Aiways U5 model, to form EUROEV Holdings Limited, valuing Aiways Europe at $410 million pre-combination and planning Nasdaq listing for the combined entity pending shareholder, regulatory, and exchange approvals. The merger, initially announced via letter agreement in May 2024, has seen multiple amendments, including a March 2025 extension of the deadline and a October 2025 shareholder-approved charter amendment extending the business combination termination date up to July 2026 without monthly trust deposits, alongside addressing Nasdaq delisting risks through compliance efforts and late filing remedies. Aiways Europe, operational since 2020, has sold approximately 6,000 BEVs across 20 European countries and Israel via an omni-channel network, with plans for local European production in 2025 and new supply MoUs for light vehicles and vans.