Oxus Acquisition Corp.
OXUSU
NASDAQ Capital Market11.77
USD
+0.67
- -
CIK
0001852973
ISIN
KYG6859L1133
CUSIP
G6859L113
Return %
Stock
S&P500
1Y
12.10
26.57
3Y
17.00
76.60
5Y
17.00
78.48
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
- Kanat Mynzhanov
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 300/26 Dostyk Avenue Almaty Kazakhstan 050020
- IPO Date
- Sep 3, 2021
- CIK
- 0001852973
- Website
- oxusacquisition.com
- Similar Companies
- Business
- Oxus Acquisition Corp. (Nasdaq: OXUSU) is a blank check company, or special purpose acquisition company, formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company offers no operating products or services of its own; instead, it provides a public listing vehicle for target companies through such combinations, with a strategic focus on green transition technologies including battery materials, energy storage, electric vehicle infrastructure and advanced recycling; it targets opportunities primarily in emerging and frontier markets such as the Commonwealth of Independent States, South and South-East Asia, the Middle East and North Africa, though it may pursue deals in any sector or geography. Oxus Acquisition Corp. was incorporated in 2021 and maintains its headquarters at 300/26 Dostyk Avenue in Almaty, Kazakhstan. In February 2024, the company completed a reverse merger transaction with Borealis Foods Inc., a food technology firm, pursuant to which Borealis acquired Oxus and the combined entity commenced trading on Nasdaq under the ticker BRLS, with Oxus CEO Kanat Mynzhanov joining the Borealis board of directors; this de-SPAC deal, initially announced in 2023 with a pre-money enterprise value for Borealis of $150 million, was supported by a $50 million strategic investment to fuel growth and innovation in plant-based food products. Prior to the merger, Oxus raised $172.5 million in its initial public offering of 17.25 million units in September 2021 and $150 million in a February 2023 IPO pricing, holding net tangible assets to meet ongoing listing requirements. The company operates globally with management ties across emerging markets in Asia, Europe, Africa and beyond, led by CEO Kanat Mynzhanov, CFO Askar Mametov and sponsor Kenges Rakishev of Oxus Capital Pte. Ltd.
Oxus Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants Commencing on or About October 6, 2021
Oxus Acquisition Corp. Announces Full Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering
Oxus Acquisition Corp. Announces Closing of $150 Million Initial Public Offering
U.S. IPO Weekly Recap: Summer IPO Market Ends With A Quiet 2 IPO Week