SILVERspac Inc.
SLVRU
NASDAQ Capital Market10.51
USD
+0.01
- -
CIK
0001842644
ISIN
KYG8136V1207
CUSIP
G8136V120
Return %
Stock
S&P500
1Y
7.03
26.84
3Y
7.03
77.03
5Y
7.03
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
- Charles Federman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 7 World Trade Center New York City NY United States of America 10007
- IPO Date
- Sep 10, 2021
- CIK
- 0001842644
- Website
- silverspac.com
- Similar Companies
- Business
- SILVERspac Inc. (NASDAQ:SLVRU) operates as a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting technology and innovation solutions in the real estate (PropTech) and financial services (FinTech) sectors; its core offerings include identifying and evaluating prospective acquisition targets, conducting due diligence, structuring transactions, and pursuing initial business combinations with enterprises valued at approximately $1 billion or more, while holding proceeds from its initial public offering in trust for potential redemptions or combinations. Founded in 2021 and headquartered in New York, NY, the company generates no operating revenues and maintains liquidity from its IPO proceeds and private placement warrants to fund acquisition efforts without current products or services beyond its SPAC structure. In September 2023, SILVERspac announced its liquidation and redemption of public shares at approximately $10.37 per share after failing to complete a business combination by the deadline, marking a significant wind-down of operations with no subsequent merger, acquisition, partnership, or relaunch reported as of late 2025, though its units continue trading amid ongoing market presence.