Pathfinder Acquisition Corporation

Pathfinder Acquisition Corporation

PFDRU
Pathfinder Acquisition CorporationUS flagNASDAQ Capital Market
7.95
USD
-2.46
- -
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

APIChatGPT
CEO
David H. S. Chung
Sector
Financial Services
Industry
Shell Companies
Address
1950 University Avenue Palo Alto CA United States of America 94303
IPO Date
Feb 17, 2021
Business
Pathfinder Acquisition Corporation (NASDAQ: PFDRU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations; it focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily in the technology or technology-enabled sectors. Sponsored by affiliates of HGGC, a middle-market private equity firm, and Industry Ventures, a multi-strategy venture capital platform, the company targets high-quality, growth-oriented private tech firms positioned for public market success and long-term shareholder returns. Incorporated in 2020 and headquartered in Palo Alto, California, Pathfinder maintains its objective amid global operations centered on North American investment activities. In February 2023, Pathfinder completed a reverse merger business combination with Movella Holdings Inc., a leader in inertial navigation, sensor fusion, and movement digitization technologies; post-combination, Pathfinder's units (PFDRU), shares (PFDR), and warrants (PFDRW) transitioned to represent Movella securities, with PFDRU delisted thereafter and Movella's common stock listing on Nasdaq. Earlier, in 2021, Pathfinder mutually terminated a proposed merger with ServiceMax Inc. due to adverse market conditions, reflecting adaptability in its SPAC strategy amid volatile public markets. The Movella transaction provided approximately $75 million in committed financing from Francisco Partners affiliates and valued Movella at a pro forma enterprise value of around $537 million, marking Pathfinder's primary strategic execution.

Company News

APIChatGPT
  • Pathfinder Acquisition (OTCMKTS:PFDRU) Trading Down 23.6% – Should You Sell?

  • Pathfinder Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 9, 2021

  • U.S. IPO Weekly Recap: The IPO Market Takes Its Annual February Break In A 1 IPO Week