Shepherd Ave Capital Acquisition Corporation Unit
SPHAU
NASDAQ Global Select10.24
USD
+0.07
- -
CIK
0002030829
ISIN
KYG8089R1267
Return %
Stock
S&P500
1Y
2.50
26.53
3Y
2.50
76.60
5Y
2.50
80.11
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
- William W. Snyder
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 221 W 9TH ST #859 Wilmington DE United States of America 19801
- IPO Date
- Dec 5, 2024
- CIK
- 0002030829
- Similar Companies
- Business
- Shepherd Ave Capital Acquisition Corporation Unit Shepherd Ave Capital Acquisition Corporation Unit (SPHAU) operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands on May 31, 2024, with principal executive offices in Wilmington, Delaware; its sole purpose involves effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more target businesses or entities, without limitation to any specific industry or geographic region, though it targets companies featuring strong management teams, niche deal sizes with growth potential, long-term revenue visibility, defensible market positions, and benefits from U.S. public listing; each unit consists of one Class A ordinary share and one right convertible into one-fifth of a Class A ordinary share upon consummation of an initial business combination, with no current operations, employees, or revenue. The sponsor comprises Aitefund Sponsor LLC, controlled by Carmelo Caschetto, alongside experienced officers including CEO William Snyder and CFO Jia Peng, who bring expertise in investment banking, M&A advisory, and capital markets from prior roles at Mizuho Securities USA and UBS Investment Bank. In December 2024, the company completed its initial public offering of 8,625,000 units at $10.00 each, raising $86.25 million in gross proceeds including the full underwriter over-allotment option, underwritten by SPAC Advisory Partners, a division of Kingswood Capital Partners; separate trading of Class A ordinary shares (SPHA) and rights (SPHAR) commenced January 27, 2025; and on March 11, 2025, following shareholder approval at an Extraordinary General Meeting, it changed its name to Aifeex Nexus Acquisition Corporation, with trading symbols updating to AIFEU (units), AIFE (shares), and AIFER (rights) effective March 12, 2025, reflecting ongoing efforts to pursue a business combination amid no announced target as of late 2025.