Sustainable Development Acquisition I Corp.

Sustainable Development Acquisition I Corp.

SDACW
Sustainable Development Acquisition I Corp.US flagNASDAQ Capital Market
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Nicole Neeman Brady
Sector
Financial Services
Industry
Shell Companies
Address
113 South La Brea Avenue Los Angeles CA United States of America
IPO Date
Mar 29, 2021
Business
Sustainable Development Acquisition I Corp. Sustainable Development Acquisition I Corp. is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a focus on sustainability sectors including water, food and agriculture, renewable energy, and environmental resource management that address United Nations Sustainable Development Goals. The company offers no operational products or services beyond its structure as a public benefit corporation and pending B Corporation, which facilitates access to public markets for target companies via equity financing from its initial public offering proceeds, private placement shares, debt, or combinations thereof; it targets growth-oriented businesses aligned with stakeholder governance and ESG principles, serving investors seeking impact-oriented opportunities. Founded in 2020 and headquartered in Bakersfield, California, at 5701 Truxion Avenue, Suite 201, the company operates principally in the United States with a global investment screening network leveraged from partners such as RRG Global Partners Fund, affiliated with Renewable Resources Group (a certified B Corp), and Sustainable Investors Fund, affiliated with Capricorn Investment Group (a certified B Corp). In July 2023, the company announced its decision to dissolve and liquidate after failing to complete a business combination by the extended deadline, with public shares redeemed pro rata from the trust account by July 24, 2023, followed by Nasdaq delisting via Form 25 and SEC registration termination via Form 15; no further mergers, acquisitions, or operational developments have occurred post-liquidation, leaving SDACW warrants trading as residual securities expiring May 2, 2026.