Oxbridge Acquisition Corp.
OXACW
NASDAQ Global Market0.05
USD
+0.00
- -
CIK
0001861622
CUSIP
G6855L117
Return %
Stock
S&P500
1Y
-13.33
18.21
3Y
-87.00
64.38
5Y
-87.00
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
- 42 Edward Street Georgetown Cayman Islands KY1-9006
- IPO Date
- Oct 1, 2021
- CIK
- 0001861622
- Similar Companies
- Business
- Oxbridge Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated in 2020 and headquartered in Georgetown, Cayman Islands. The company focuses on effectuating mergers, share exchanges, asset acquisitions, or similar business combinations primarily within the technology sector, targeting high-growth industries such as artificial intelligence, blockchain technology, and insurtech. Its core business involves identifying and acquiring established technology enterprises with defensible market positions, innovative products, and significant growth potential valued typically above $300 million. Oxbridge Acquisition Corp. operates through raising capital via initial public offerings and using those funds to merge or acquire promising companies. The company emphasizes investments in technology-driven verticals, including software platforms, AI applications, blockchain solutions, and insurance technology innovations. It serves a broad geographic market, including North America and aspirations for expansion in the Asia-Pacific region. Recent major changes include completing a business combination with Jet.AI Inc. in August 2023 through a reverse merger that marked a transformational shift from a blank check company to an operating entity with active commercial services in AI and private aviation sectors. This merger introduced new product offerings such as Jet.AI's AI-powered charter booking platform CharterGPT and a carbon offset platform for commercial and private aviation, DynoFlight. Additionally, post-merger, Oxbridge Acquisition Corp. transitioned to a Delaware corporation with a name and ticker symbol change aligned with Jet.AI's operations, positioning itself for growth in AI-driven aviation technology and sustainability solutions. Overall, Oxbridge Acquisition Corp. is positioned as a technology-focused investment and operating entity leveraging strategic acquisitions and partnerships to drive innovation in artificial intelligence, blockchain, and insurance technology with a growing emphasis on scalable AI solutions in aviation and related services. Its leadership includes CEO Jay Madhu and CFO Wrendon Timothy, driving the company's strategic expansions and operational integration activities following recent transformative mergers.