Shelter Acquisition Corporation I

Shelter Acquisition Corporation I

SHQA
Shelter Acquisition Corporation IUS flagNASDAQ Capital Market
10.02
USD
-0.04
- -
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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

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
6 Midland Street Quogue NY United States of America 11959
IPO Date
Aug 20, 2021
Business
Shelter Acquisition Corporation I (SHQA) operates as a blank check company whose primary purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a target focus on companies providing technological solutions including hardware, software and services to the real estate industry; it generates no current revenues or operations. Incorporated in 2020 and headquartered in Quogue, New York, the company went public via IPO in June 2021 raising approximately $221.65 million in proceeds. In December 2022, following stockholder approval of charter amendments extending its business combination deadline to June 30, 2023, the board determined it could not complete a transaction in time and initiated liquidation proceedings, redeeming all remaining public shares at $10.00 per share on or about December 27, 2022, delisting from Nasdaq, terminating warrants with no distributions and suspending SEC reporting obligations via Form 15.