Kadem Sustainable Impact Corporation
KSICW
NASDAQ Capital Market0.01
USD
+0.00
- -
CIK
0001843351
Return %
Stock
S&P500
1Y
-96.50
26.57
3Y
-99.00
76.60
5Y
-99.00
78.48
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
- IPO Date
- May 17, 2021
- CIK
- 0001843351
- Similar Companies
- Business
- Kadem Sustainable Impact Corporation is a special purpose acquisition company (SPAC) formed primarily to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. The company does not have significant ongoing operations or products of its own but focuses on identifying and merging with or acquiring businesses aligned with its sustainability and impact investment objectives. Founded recently and headquartered in the United States, Kadem Sustainable Impact Corporation went public via an initial public offering that raised $175 million. A major recent development for Kadem Sustainable Impact Corporation is its announcement in early 2023 to redeem all outstanding Class A common stock shares sold in its IPO, followed by the planned dissolution of the company. This decision effectively marked the winding down of its public operation as a SPAC, indicating a strategic shift away from active deal-making or operational ventures under its own name. There have been no reports of significant product launches, acquisitions, or new partnerships after this redemption announcement. The corporation's business and investment activities are positioned within sustainability and impact sectors, targeting merger and acquisition opportunities that advance environmental or social impact objectives across various industries. It has been listed on NASDAQ under the tickers KSI, KSICU, and KSICW, serving a market that includes institutional investors focused on ESG and impact investing globally. The company’s operational status as of late 2023 and 2024 suggests minimal ongoing business activity beyond the redemption and dissolution process. Because Kadem Sustainable Impact Corporation is primarily a blank check vehicle for acquisitions rather than an operating business, it does not manufacture or sell physical products or direct services. Instead, its core offering was the vehicle and capital to pursue acquisitions in sustainable impact sectors, which it has since ceased actively pursuing given its announced dissolution. Overall, Kadem Sustainable Impact Corporation represents a specialized investment platform formed for sustainable impact mergers but as of recent developments is transitioning towards liquidation and cessation of public market presence following the redemption of its public shares. It operates in the business segments focused on sustainability and impact investment, with geographic and operational reach initially aimed at the US market and broader global impact investment opportunities.