Montes Archimedes Acquisition Corp.
MAAC
NASDAQ Capital Market9.35
USD
-0.54
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Montes Archimedes Acquisition Corp.
MAAC
(NASDAQ Capital Market)
Recent
price
9.35
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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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.- Similar Companies
- Business
- Montes Archimedes Acquisition Corp. (NASDAQ: MAAC) operates as a blank check company, or special purpose acquisition company (SPAC), whose principal business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar initial business combination with one or more businesses or entities, with an initial focus on the health care ecosystem encompassing technology-enabled services, biopharmaceuticals, pharmaceutical value chain, medical devices, diagnostics, providers, digital health, and consumer health; it generates no operating revenue and maintains no proprietary products or services beyond its standard SPAC structure including units, redeemable Class A common stock, and warrants exercisable at $11.50 per share. Sponsored by Patient Square Capital LLC and founded in July 2020 with headquarters in Menlo Park, California, the company completed a $400 million initial public offering in October 2020 underwritten by Citigroup and Jefferies, depositing proceeds into trust for deployment toward a target acquisition within a 24-month period extendable under certain conditions, while its initial stockholders hold founder shares convertible to Class A upon combination and private placement warrants purchased concurrently at $1.00 each. The company announced a definitive business combination agreement with Roivant Sciences Ltd. in May 2021, valuing the biopharmaceutical holding company at $7.3 billion and providing up to $611 million in gross proceeds including trust assets and a $200 million PIPE from investors such as Fidelity Management and SoftBank; shareholder approval followed in September 2021 with closing on October 1, 2021, after which Montes Archimedes Acquisition Corp. completed its purpose, delisted its MAAC ticker, and transitioned as Roivant Sciences trades under ROIV on Nasdaq with no further SPAC operations, recent funding rounds, acquisitions, product launches, or strategic shifts reported for the legacy entity as of late 2025.
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