Roth CH Acquisition III Co.
ROCRU
NASDAQ Capital Market10.00
USD
+1.00
- -
CIK
0001839412
ISIN
US77867Q2012
CUSIP
77867Q201
Return %
Stock
S&P500
1Y
- -
26.84
3Y
- -
77.03
5Y
-0.89
80.55
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
- Feb 19, 2021
- CIK
- 0001839412
- Website
- rocr.rothch.com
- Similar Companies
- Business
- Roth CH Acquisition III Co. is a special purpose acquisition company (SPAC) incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company completed its initial public offering in March 2021, raising approximately $115 million, and is jointly managed by Roth Capital Partners and Craig-Hallum Capital Group. It primarily targets business services, consumer, healthcare, technology, wellness, and sustainability sectors. In a significant recent development, Roth CH Acquisition III Co. completed a reverse merger transaction with QualTek USA, LLC in February 2022, effectively transitioning QualTek to a public company status renamed as QualTek Services Inc. QualTek is a technology-driven infrastructure services provider with a focus on 5G wireless, telecom, renewables, and recovery logistics sectors, serving a blue-chip customer base in the US and operating with a $1.7 billion backlog. This merger included a $66 million common stock PIPE financing and a $44 million private placement in convertible notes to support growth capital, acquisitions, and vendor consolidation initiatives, positioning the combined company for accelerated organic growth and infrastructure spending benefits. Roth CH Acquisition III Co. is headquartered in the United States and operates through its merger partner QualTek, leveraging its specialized services in telecom and renewable infrastructure sectors as its core business focus. The company remains listed on the NASDAQ and continues to explore strategic partnerships and acquisitions in alignment with its growth objectives. This business combination and capital infusion are the most recent major changes guiding Roth CH Acquisition III Co.'s development and expansion.