99 Acquisition Group Inc. Right
NNAGR
NASDAQ0.00
USD
-0.05
- -
CIK
0001950429
Return %
Stock
S&P500
1Y
-98.83
18.21
3Y
-98.87
64.38
5Y
-98.87
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
- Hiren Patel
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 14 Noblewood Ct Gaithersburg DE United States of America 20878
- CIK
- 0001950429
- Website
- 99acquisitiongroup.com
- Similar Companies
- Business
- 99 Acquisition Group Inc. operates as a special purpose acquisition company (SPAC) formed in 2022 and headquartered in Gaithersburg, Maryland. The company does not have significant standalone operations but is focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Initially, it targets identifying businesses primarily in the real estate industry, including construction, homebuilding, real estate ownership and operations, arrangers of financing, insurance, and other real estate services, as well as adjacent businesses and technologies related to the real estate sector. The company completed a $75 million initial public offering in August 2023 aimed at financing such acquisitions. In 2024, 99 Acquisition Group announced a merger agreement with Nava Health MD, Inc., a vertically integrated, tech-enabled healthcare practice specializing in integrative, functional, preventive, and regenerative medicine. This merger planned to transform Nava Health into a publicly traded entity under the 99 Acquisition Group umbrella. However, the merger did not finalize, leading the company to declare plans to dissolve and liquidate by September 2024, with proceeds expected to be returned to shareholders. The company’s latest major changes include the failed Nava Health merger, the announcement of liquidation, and the plan to redeem public shares at an estimated value around $10.55 per share. 99 Acquisition Group’s operations primarily span the U.S. market with strategic focus on real estate and healthcare through its attempted business combination.