7 Acquisition Corporation

7 Acquisition Corporation

SVNA
7 Acquisition CorporationUS flagNASDAQ Global Market
10.50
USD
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301.88MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Aren C. LeeKong
Sector
Financial Services
Industry
Shell Companies
Address
750 East Main Street Stamford CT United States of America 06902
Business
7 Acquisition Corporation (SVNA) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Incorporated in 2021 and headquartered in Stamford, Connecticut, the company has no significant operations or revenue and focuses its target search on businesses providing environmental, business and/or infrastructure products and services, with an emphasis on environmental, social, and governance (ESG) principles through its sponsor's experienced management team. Its core offerings as a special purpose acquisition company (SPAC) include up to $200 million in initial public offering units priced at $10 each, comprising Class A ordinary shares and warrants traded on Nasdaq under SVNA and SVNAW, respectively, with underwriters granted an option for additional units. In a significant recent development, 7 Acquisition Corporation announced on December 31, 2024, that it will redeem its public shares and will not consummate an initial business combination, leading to its liquidation and shutdown, with redemption payments distributed to public shareholders by early 2025. The company operates globally in scope through its investment focus but maintains no active business segments, geographic sales, or subsidiaries at present.