Pacifico Acquisition Corp.

Pacifico Acquisition Corp.

PAFOU
Pacifico Acquisition Corp.US flagNASDAQ Capital Market
5.11
USD
-2.89
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
521 Fifth Avenue New York City NY United States of America 10175
IPO Date
Sep 14, 2021
Business
Pacifico Acquisition Corp. Pacifico Acquisition Corp. (NASDAQ:PAFOU) operates as a blank check company, or special purpose acquisition company (SPAC), whose principal business activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities; it does not have significant independent operations or products and services prior to completing such a transaction. Incorporated as a Delaware corporation in 2021 and headquartered in New York, New York, the company initially targeted operating businesses in and around the new energy, biotech, and education industries primarily in Asia excluding China. In December 2022, Pacifico Acquisition Corp. completed a reverse merger business combination with Caravelle Group Co., Ltd., a global ocean technology company focused on sustainable shipping solutions, resulting in the combined entity Caravelle International Group trading under the ticker CACO on Nasdaq; its units (PAFOU), common stock (PAFO), and rights (PAFOR) were suspended from trading following the transaction, though PAFOU shares continue to appear in select markets with recent extensions announced to prolong the period for potential further business combinations.