Prime Number Acquisition I Corp.
PNACU
NASDAQ Global Market5.00
USD
-4.12
- -
CIK
0001858180
CUSIP
74168P206
Return %
Stock
S&P500
1Y
-50.69
26.53
3Y
-49.70
76.60
5Y
-49.70
80.11
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
- Dongfeng Wang
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1129 Northern Boulevard Manhasset NY United States of America 11030
- IPO Date
- May 16, 2022
- CIK
- 0001858180
- Similar Companies
- Business
- Prime Number Acquisition I Corp. (PNACU) operates as a blank check company whose primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, targeting technology-enabled financial sectors including blockchain, datacenters, non-fungible tokens, ecommerce, and related technology infrastructure sectors; it offers no independent products or services beyond this acquisition mandate. Incorporated in 2021 and headquartered in Manhasset, New York, the company conducted its initial public offering in May 2022, raising $64.5 million through 6,450,000 units at $10.00 each, with units comprising one Class A common share, one-half redeemable warrant, and one right. In a major strategic development, Prime Number Acquisition I Corp. completed a reverse merger with noco-noco Pte. Ltd. on August 25, 2023, resulting in the combined entity being renamed noco-noco Inc. (Nasdaq: NCNC), valued at approximately $1.35 billion, with post-merger trading under new tickers NCNC and NCNCW; this transaction shifted the company's focus to noco-noco's decarbonization solutions, including X-SEPA battery separator technology, lithium manganese iron phosphate cathodes, battery leasing for electric vehicles and energy storage systems, and carbon abatement services. Geographically, the legacy SPAC maintained a U.S. base while targeting global opportunities, whereas the post-merger entity, now Singapore-headquartered under noco-noco Inc., operates primarily in Asia with expansions into markets like India via partnerships such as with Neogen for X-SEPA distribution and B2G Energies for renewable energy projects. Subsequent to the merger, noco-noco Inc. faced Nasdaq delisting proceedings in November 2024 for non-compliance with listing standards but intends to appeal while continuing operations in battery technology and clean energy leasing.