Talon 1 Acquisition Corp.

Talon 1 Acquisition Corp.

TOACU
Talon 1 Acquisition Corp.US flagNASDAQ Global Market
10.56
USD
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- -
166.16MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Edward J. Wegel B.ENG.SC.
Sector
Financial Services
Industry
Shell Companies
Address
2333 Ponce de Leon Boulevard Coral Gables FL United States of America 33134
IPO Date
Nov 4, 2021
Business
Talon 1 Acquisition Corp is a blank check company incorporated in 2021 and headquartered in Coral Gables, Florida. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Its primary target sectors for business combinations are the aerospace, aviation, and aviation services industries. Talon 1 Acquisition Corp does not currently have significant operations or revenue-generating activities, as it is structured to identify and complete a strategic business combination to establish ongoing operations. The company launched its initial public offering (IPO) in November 2021, pricing $200 million in units to fund its acquisition strategy. However, it announced in mid-2023 that it would redeem its public shares and not consummate an initial business combination, effectively terminating its combination efforts at that time. This represents a significant operational change, marking a pause or reset in its acquisition ambitions. Talon 1 Acquisition Corp operates mainly in the investment holding segment as a special purpose acquisition company (SPAC), with a concentrated focus on aerospace and aviation sectors. The company’s strategic intent remains to pursue business combinations that provide growth and value creation opportunities within these targeted industries. It is positioned to resume or restructure its acquisition strategy in alignment with market conditions and investor interests. The company's CEO is Edward J. Wegel. This description is based on the latest publicly available information through December 2025, reflecting Talon 1 Acquisition Corp’s status as a SPAC with halted initial business combination activity and no ongoing commercial product or service offerings beyond its acquisition focus.