Revolution Acceleration Acquisition Corp
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- John K. Delaney
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1717 Rhode Island Avenue, NW Washington DC United States of America
- IPO Date
- Feb 11, 2021
- CIK
- 0001824734
- Website
- revolutionaac.com
- Similar Companies
- Business
- Revolution Acceleration Acquisition Corp (RAAC) is a blank check company formed to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in sectors at the forefront of technological innovation. Incorporated in 2020 and headquartered at 1717 Rhode Island Avenue NW, 10th Floor, Washington, District of Columbia, the company operates without significant current operations or products, instead holding cash and short-term investments from its initial public offering to fund a prospective target; it previously changed its name from Acceleration Acquisition Corporation in November 2020 to reflect its sponsor's branding. No new business combination has been completed following its 2021 merger with Berkshire Grey Inc., which resulted in a symbol change and delisting of legacy units and warrants, leaving RAAC as a dormant special purpose acquisition company trading at low levels with no institutional ownership changes or recent funding, acquisitions, partnerships, or strategic expansions reported in the last 1-2 years.
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