Recharge Acquisition Corp.
RCHGU
NASDAQ Capital Market10.13
USD
+0.02
- -
CIK
0001817786
ISIN
US7562292091
CUSIP
756229209
Return %
Stock
S&P500
1Y
-0.10
18.21
3Y
2.32
63.29
5Y
2.32
74.90
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
- Anthony R. Kenney
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1900 Main Street Sarasota FL United States of America 34236
- IPO Date
- Oct 1, 2020
- CIK
- 0001817786
- Similar Companies
- Business
- Recharge Acquisition Corp. (RCHGU) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses, primarily targeting the convenience store industry with sizable regional chains of 150 stores or more followed by smaller tuck-in acquisitions. Incorporated in 2020 and headquartered in Sarasota, Florida, the company raised $200 million in its initial public offering in October 2020 through 20 million units priced at $10 each, placing funds into a trust account for potential business combinations. It conducts no significant operations otherwise and maintains a presence on the OTC market with units trading around $10.13. In September 2022, Recharge Acquisition Corp. announced its intent to dissolve and liquidate after failing to complete an initial business combination within the deadline specified in its Amended Charter, redeeming all outstanding Class A common stock shares at approximately $10.12 per share effective October 5, 2022, with delisting from Nasdaq and cessation of trading for shares and warrants. Despite the liquidation proceedings, units persist on the OTC market under RCHGU with no reported mergers, acquisitions, funding rounds, new product launches, or strategic shifts in the last 1-2 years as of late 2025. The company, led by CEO Anthony R. Kenney, maintains its Delaware incorporation and Sarasota base without active subsidiaries or parent relationships.
Recharge Acquisition Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q
Recharge Acquisition Corp. Announces Separate Trading of its Class A Common Stock and Warrants, Commencing on or about November 23, 2020