New Vista Acquisition Corp
NVSAW
NASDAQ Capital Market0.00
USD
+0.00
- -
CIK
0001838433
CUSIP
G6529L121
Return %
Stock
S&P500
1Y
-99.61
18.21
3Y
-99.91
64.38
5Y
-99.91
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
- Dennis A. Muilenburg
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 125 South Wacker Drive Chicago IL United States of America
- IPO Date
- Apr 12, 2021
- CIK
- 0001838433
- Similar Companies
- Business
- New Vista Acquisition Corp is a special purpose acquisition company (SPAC) focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more technology businesses. The company targets industries including space, defense, communications, advanced air mobility, and logistics. Incorporated in 2020 and headquartered in Chicago, Illinois, New Vista Acquisition Corp does not have its own significant operational business but aims to identify and acquire technology firms operating in its focus areas. The company is listed on the NASDAQ exchange under the ticker NVSAW. Its core business activities revolve around seeking and executing strategic acquisitions in high-technology sectors relevant to aerospace and national security domains. In recent developments, New Vista Acquisition Corp signed a nonbinding letter of intent for a business combination but subsequently cancelled its extraordinary general meeting and abandoned proposals related to an initial business combination. As a result, it did not consummate any initial business combination by the designated deadline in early 2023, proceeding instead to redeem the public shares and initiate liquidation and dissolution processes. The company has thus moved away from pursuing an acquisition to redeem its public shareholders and wind down the SPAC vehicle. New Vista Acquisition Corp’s strategic focus includes partnering and investing in technology companies that deliver advancements across air, land, sea, and space domains, emphasizing sectors such as aerospace, defense, and advanced mobility solutions. The company’s approach is to empower founders with capital, networks, and expertise to scale enterprise technology businesses strategically positioned for future growth in national security and aerospace markets. The company also maintains activities related to identification and evaluation of potential acquisition targets within its defined focus industries. Despite its liquidation process initiated in 2023, New Vista Acquisition Corp remains linked through its legacy and strategic vision to the broader aerospace and defense technology ecosystem, reflecting an intent to play a role in the convergence of technology and security sectors. The company’s operations historically revolved around special purpose acquisition activities and investment facilitation for strategic business combinations in advanced technology fields. In summary, New Vista Acquisition Corp operates as a SPAC designed to acquire technology businesses in aerospace, defense, and advanced mobility sectors, with headquarters in Chicago, Illinois, and incorporated in 2020. Its latest major corporate shift involved cancelling proposed acquisitions and proceeding with shareholder redemptions and company liquidation following a failure to complete a business combination by the contractual deadline in 2023.