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    Shell Companies
TG Venture Acquisition Corp.

TG Venture Acquisition Corp.

TGVCW
TG Venture Acquisition Corp.US flagNASDAQ Global Market
0.01
USD
+0.00
- -
40.62MMarket Cap
2021 Y
2022 Y
TTM
Revenue per Share
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
Dividend per Share
- -
- -
- -
Book Value per Share
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Operating Margin (%)
- -
- -
- -
Depreciation Expense
- -
- -
- -
Net Income, GAAP
- -
-1
-2
Effective Tax Rate (%)
- -
- -
- -
Profit Margin (%)
- -
- -
- -
Working Capital
1
-2
-6
LT Debt
- -
- -
- -
Total Equity
118
117
9
Return on Invested Capital (%)
- -
- -
- -
Return on Capital (%)
- -
- -
- -
Return on Common Equity (%)
- -
-0.74
-3.8

Capital Structure

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
- -
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
4
4
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
- -
1
- -
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
3
5
6
Payables & Accruals
3
5
5
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-0.73%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Pui Lan Tsang
Sector
Financial Services
Industry
Shell Companies
Address
1390 Market Street San Francisco CA United States of America 94102
IPO Date
Nov 22, 2021
CIK
0001865191
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Business
TG Venture Acquisition Corp. (TGVC) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations; it focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting technology sectors including space technology, financial technology, technology, media, telecom, and related industries in the United States and other developed countries. Sponsored by Tsangs Group Holdings Limited, the company offers no current products or services beyond its SPAC structure, which facilitates public market access for private entities through de-SPAC transactions. Incorporated in 2021 and headquartered in San Francisco, California, TGVC conducted its initial public offering in November 2021, raising approximately $100 million. In December 2022, TGVC announced a business combination agreement with The Flexi Group Holdings Ltd., Asia's largest flexible workspace operator, valued at a pro forma enterprise value of $205 million, which included equity consideration of $190 million for Flexi shareholders and earnout shares tied to post-closing revenue milestones; the deal targeted completion in the second quarter of 2023 but faced multiple extensions, including shareholder votes in 2023 and early 2024. The transaction terminated on February 22, 2024, when Flexi exercised its right to end the agreement, prompting TGVC to explore legal remedies to protect its rights under the original terms. Subsequently, TGVC's securities were suspended from trading on Nasdaq in March 2024 and delisted effective April 19, 2024, amid approximately $9.66 million remaining in trust after redemptions, with no new merger or business combination announced as of late 2025.