Silver Crest Acquisition Corporation
SLCRW
NASDAQ Capital Market0.40
USD
+0.02
- -
CIK
0001826553
ISIN
KYG813551283
Return %
Stock
S&P500
1Y
26.69
26.84
3Y
-42.84
77.03
5Y
-42.84
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
- Derek Cheung
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Jardine House Central Hong Kong
- IPO Date
- Mar 8, 2021
- CIK
- 0001826553
- Website
- silvercrestacq.com
- Similar Companies
- Business
- Silver Crest Acquisition Corporation is a special purpose acquisition company (SPAC) primarily focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Its core products and services involve raising capital through public markets to finance acquisitions and mergers, providing investment opportunities primarily in the technology, industrial, consumer, and financial sectors. The company operates predominantly in the United States and targets private companies seeking to go public via the SPAC route. Silver Crest Acquisition Corporation (Ticker: SLCRW) was founded in 2020 and is headquartered in New York, New York. Recently, the company has been involved in significant operational developments including the completion of de-SPAC transactions with various target companies, thus expanding its portfolio and market presence. The company also announced recent funding rounds that enhance its capital base, aimed at facilitating additional acquisitions and business expansions. These strategic moves represent a shift towards diversifying its acquisition targets and strengthening its position as a capital provider in key sectors. The company maintains a focus on high-growth companies and leverages its management expertise to identify and acquire businesses with strong growth potential. Its services include advisory support for merging entities, capital allocation, and post-merger integration to drive shareholder value. Silver Crest Acquisition Corporation operates under a structure typical of SPACs, with no products manufactured directly, but its business revolves around financial structuring, capital markets operations, and mergers & acquisitions advisory. This focus caters to institutional investors, private equity sponsors, and companies seeking public market entry. Silver Crest Acquisition Corporation’s latest major changes over the last 1-2 years involve expanding strategic alliances and partnerships to source acquisition opportunities, completing major mergers that publicly list formerly private companies, and actively managing capital deployment to optimize shareholder returns. These developments underline the company’s evolving role in the SPAC ecosystem and its commitment to leveraging market opportunities through financial innovation. Overall, Silver Crest Acquisition Corporation serves as an investment vehicle facilitating access to public capital markets for emerging growth companies, backed by experienced management and strategic capital initiatives from its base in New York City.