Malacca Straits Acquisition Company Limited
MLACW
NASDAQ Capital Market0.00
USD
+0.00
- -
CIK
0002029492
Return %
Stock
S&P500
1Y
-97.20
18.21
3Y
-99.72
64.38
5Y
-99.72
72.43
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
- United States of America
- IPO Date
- Aug 6, 2020
- CIK
- 0002029492
- Similar Companies
- Business
- Malacca Straits Acquisition Company Limited (NASDAQ: MLAC, MLACW) operates as a blank check company whose primary purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses; it targets companies that form part of Southeast Asian business conglomerates in the media, food processing, renewable energy and healthcare industries. Incorporated in 2019 and headquartered in Central, Hong Kong, the company previously known as Bilbao Street Limited changed its name in February 2020 and completed its initial public offering in July 2020, raising $143.75 million including the underwriters' option, with units, Class A ordinary shares and public warrants trading on Nasdaq Capital Market under the symbols MLACU, MLAC and MLACW respectively. The company generates no significant revenue or operational business prior to completing an initial business combination. In recent years, it signed and mutually terminated merger agreements with Asia Vision Network in 2022 and Indiev, Inc. in June 2023 after failing to meet completion deadlines, leading to its announcement of liquidation on or about June 16, 2023, redemption of Class A ordinary shares at approximately $10 per share, cancellation of shares thereafter, filing of Form 25-NSE with Nasdaq and Form 15 with the SEC to terminate registration and reporting obligations; as of late 2025, MLACW warrants continue to trade at minimal value with zero share price indications post-liquidation while some MLAC references reflect successor entities or data repurposing.