North Atlantic Acquisition Corporation
NAACU
NASDAQ Capital Market10.17
USD
- -
- -
CIK
0001830063
ISIN
KYG661391170
CUSIP
G66139117
Return %
Stock
S&P500
1Y
2.27
18.21
3Y
-3.05
64.38
5Y
-3.05
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.- CEO
- Gary Quin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Avenue of the Americas New York City NY United States of America 10105
- IPO Date
- Jan 22, 2021
- CIK
- 0001830063
- Website
- naacq.com
- Similar Companies
- Business
- North Atlantic Acquisition Corporation (NAACU) operates as a blank check company, or special purpose acquisition company (SPAC), whose principal business activity involves effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more businesses; it has not commenced substantive operations or generated revenue. The company targets opportunities primarily in the consumer, industrials, and telecommunications (TMT) sectors across Europe and North America. Incorporated in 2020 and headquartered in New York, New York, North Atlantic Acquisition Corporation maintains a lean structure typical of SPACs, with no current products or services beyond its core objective of pursuing and executing a business combination; its securities include Class A ordinary shares, redeemable warrants, and units traded on Nasdaq under NAAC, NAACW, and NAACU, respectively. In recent major developments, the company terminated its proposed business combination with TeleSign, Inc., a digital identity verification provider, in June 2022 due to unfavorable market conditions, following an initial announcement in December 2021 that valued the deal at approximately $1.3 billion enterprise value with $107.5 million in PIPE financing; it subsequently announced its dissolution and liquidation in January 2023 after failing to complete a business combination within the required two-year timeframe, redeeming public shares at around $10.13 per share and allowing warrants to expire worthless. No active operations, new mergers, acquisitions, or strategic shifts have occurred since the 2023 liquidation, distinguishing it from unrelated entities like North Atlantic France SAS, which completed an acquisition of an 82.89% stake in Esso Société Anonyme Française SA (now North Atlantic Energies) in November 2025. The company is led by CEO Gary Quin, an experienced investment banking executive with prior roles at Credit Suisse and Blackstone.