Sustainable Development Acquisition I Corp.
SDAC
NASDAQ Capital Market10.38
USD
-0.02
- -
Sustainable Development Acquisition I Corp.
SDAC
(NASDAQ Capital Market)
Recent
price
10.38
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Sustainable Development Acquisition I Corp. (SDAC) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses focused on sectors addressing United Nations Sustainable Development Goals, including water, food and agriculture, renewable energy, environmental resource management and supporting technologies. The company, a public benefit corporation and pending B Corp, pursues targets that deliver financial returns alongside environmental and social benefits, leveraging expertise from its founding partners RRG Global Partners Fund, affiliated with Renewable Resources Group, and Sustainable Investors Fund, affiliated with Capricorn Investment Group. Incorporated in 2020 and headquartered in Bakersfield, California, SDAC maintains a global operational footprint spanning North and South America, Europe and Asia through its network of over 80 investment professionals. In July 2023, SDAC's board approved its dissolution and liquidation after failing to complete an initial business combination by the extended deadline, triggering redemption of all public shares at approximately $10.39 per share on or about July 24, 2023, delisting from Nasdaq and termination of SEC registration. This followed its $275 million initial public offering in February 2021, with no subsequent mergers, acquisitions or new product launches materialized.
Sustainable Development Acquisition I Corp. Announces Liquidation
Sustainable Development Acquisition I Corp. Invites Shareholders to Attend Virtual-Only 2022 Annual Meeting of Shareholders on December 28