Oxus Acquisition Corp.

Oxus Acquisition Corp.

OXUS
Oxus Acquisition Corp.US flagNASDAQ Capital Market
12.50
USD
+3.47
- -
81.90MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Kanat Mynzhanov
Sector
Financial Services
Industry
Shell Companies
Address
300/26 Dostyk Avenue Almaty Kazakhstan 050020
IPO Date
Oct 6, 2021
Business
Oxus Acquisition Corp. (NASDAQ: OXUS) is a former special purpose acquisition company focused on mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations or similar business combinations with one or more businesses, particularly targeting green transition technologies such as battery materials, energy storage, electric vehicle infrastructure and advanced recycling in emerging and frontier markets including the Commonwealth of Independent States, South and South-East Asia, the Middle East and North Africa; the company, founded in 2021 and headquartered in Almaty, Kazakhstan, raised $172.5 million in its initial public offering in September 2021. In February 2024, Oxus completed a business combination with Borealis Foods Inc., a food technology company partnered with chef Gordon Ramsay that develops high-quality, nutritious and affordable plant-based food solutions including the world's first mass-produced plant-based ramen with 20 grams of protein per serving, valuing Borealis at a pre-money enterprise value of $150 million with the combined entity trading on Nasdaq under the tickers BRLS and BRLSW; this de-SPAC transaction, approved by shareholders on February 2, 2024, was reinforced by a $50 million investment to drive growth and innovation, shifting Oxus from a blank-check entity to a public food tech platform led by Borealis' CEO Reza Soltanzadeh and Chairman Barthelemy Helg alongside Oxus CEO Kanat Mynzhanov on the board, while retaining a management team with expertise in finance, mining, energy and emerging markets.