Spree Acquisition Corp. 1 Limited
SHAP-WT
New York Stock Exchange0.03
USD
+0.00
- -
CIK
0001881462
Return %
Stock
S&P500
1Y
-43.06
26.53
3Y
-43.06
76.60
5Y
-43.06
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001881462
- Similar Companies
- Business
- Spree Acquisition Corp. 1 Limited is a special purpose acquisition company (SPAC) incorporated in 2021 as a Cayman Islands exempted company with headquarters in Atlanta, Georgia. The company primarily focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combinations with one or more businesses in the mobility-related technology sector. Spree Acquisition Corp. 1 Limited operates as a blank check company and currently has no significant operations or generated revenue. Its core business activity involves identifying and merging with high-growth businesses across the mobility sector, including partners such as original equipment manufacturers (OEMs), Tier 1 suppliers, and other stakeholders in the industry. Recently, the company has pursued a mobility-oriented acquisition strategy led by industry insiders with a broad network to support target companies pre- and post-IPO and catalytic growth initiatives. A major recent development includes the mutual termination of the previously announced business combination agreement with WHC Worldwide, LLC, and efforts to extend the deadline for completing a qualifying business combination have been ongoing, including shareholder approval requests for extensions beyond the original March 2024 deadline. The company’s shares were delisted from the New York Stock Exchange in March 2024 due to non-compliance with listing standards but continues to explore strategic options for completing business combinations in the mobility technology sector. Spree Acquisition Corp. 1 Limited is now focused on executing its business combination strategy with mobility-related technology companies while managing shareholder interests through potential equity redemptions or investment retention post-combination.