Natural Order Acquisition Corp.
NOACW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001824888
Return %
Stock
S&P500
1Y
-99.79
26.53
3Y
-99.97
76.60
5Y
-99.97
80.11
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
- Jan 29, 2021
- CIK
- 0001824888
- Similar Companies
- Business
- Natural Order Acquisition Corp. (NOACW) operates as a blank check company whose primary business is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities; it focuses on target companies developing technologies and products related to sustainable plant-based food and nutrition, including plant-based, cell-based, or precision fermentation solutions that eliminate animals from the food supply chain. The company, founded in 2020 and headquartered in Weston, Massachusetts, generates no significant independent operations or revenues, relying instead on proceeds from its initial public offering of units comprising common stock and warrants to fund its search for a suitable combination target without limitation to a particular industry or geographic region beyond its stated focus. In November 2022, Natural Order Acquisition Corp. announced its dissolution and liquidation after failing to complete an initial business combination within the required timeframe, redeeming all outstanding public shares at approximately $10.07 per share, canceling the shares as of November 14, 2022, and allowing its warrants, including NOACW, to expire worthless following delisting from Nasdaq; the management team, led by CEO Paresh Patel, had evaluated over 75 companies and issued multiple letters of intent but cited regulatory changes, valuation discrepancies, and market volatility as barriers to any deal.