Roth Ch Acquisition V Co.
ROCLU
NASDAQ Global Market11.55
USD
- -
- -
CIK
0001885998
ISIN
US77867R2094
CUSIP
77867R209
Return %
Stock
S&P500
1Y
8.76
26.53
3Y
14.93
76.60
5Y
15.27
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
- Byron Clarence Roth
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 888 San Clemente Drive Newport Beach CA United States of America 92660
- IPO Date
- Dec 1, 2021
- CIK
- 0001885998
- Website
- rothch.com
- Similar Companies
- Business
- Roth CH Acquisition V Co. is a special purpose acquisition company (SPAC) primarily engaged in effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or other business combinations with one or more businesses. Founded in 2020 and headquartered in Newport Beach, California, the company targets acquisitions in diverse sectors including business services, consumer, healthcare, technology, wellness, and sustainability. Its activities are centered on identifying and combining with operating businesses through acquisitions rather than maintaining significant standalone operations. The company's most significant recent development is its reverse merger transaction with New Era Helium Corp., completed in late 2024. New Era Helium Corp. is an exploration and production company specializing in sourcing helium produced in association with natural gas reserves in North America. Following the merger, the combined entity retained the New Era Helium Corp. name and expects NASDAQ listing under this new identity. Roth CH Acquisition V Co. also entered into strategic alliances such as a joint venture with Sharon AI to develop a high-density AI datacenter leveraging New Era Helium’s operational assets. The merger and related transactions reflect a strategic shift focusing on helium production and digital infrastructure, with New Era Helium’s management continuing to lead the combined company. Prior to the merger, Roth CH Acquisition V Co. raised approximately $115 million through its IPO in December 2021 and was jointly managed by affiliates of Roth Capital Partners and Craig-Hallum Capital Group. The company’s recent operational focus shifted from its initial SPAC mandate to supporting New Era Helium’s expansion efforts including helium production capacity and off-take agreements. The merger completion is subject to customary regulatory and stockholder approvals and accompanies efforts to raise additional private investment to fund New Era Helium's growth initiatives. This transition marks the company’s evolution from a blank-check acquisition entity to an active operating company within the energy and technology sectors after acquisition.