UTA Acquisition Corporation
UTAAW
NASDAQ Global Market0.03
USD
- -
- -
CIK
0001879221
CUSIP
G9473A117
Return %
Stock
S&P500
1Y
- -
26.53
3Y
-93.50
76.60
5Y
-93.50
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
- Clinton Foy
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 135 5th Avenue New York City NY United States of America 10010
- CIK
- 0001879221
- Similar Companies
- Business
- UTA Acquisition Corporation (UTAAW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations beyond pursuing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more target businesses, primarily in the gaming, digital media, creator economy, entertainment, and technology industries; its securities include units, Class A ordinary shares, and warrants trading on Nasdaq. Sponsored by United Talent Agency and incorporated in 2021 as a Cayman Islands exempted company, the firm is headquartered at 135 5th Avenue, 7th Floor, New York, New York, with co-CEOs Clinton Foy and leadership including Chairman Reginald Fils-Aimé, former Nintendo president. The company raised $230 million in its December 2021 initial public offering underwritten by Credit Suisse, providing a flexible capital pool for executing deals aligned with its target criteria in high-growth sectors. In a major development, UTA Acquisition Corporation failed to complete an initial business combination within its 21-month deadline and liquidated in September 2023, redeeming public shares at approximately $10.67 per share from its trust account holding over $245 million as of late August 2023, with shares ceasing trading on September 15, 2023. Post-liquidation, the entity's warrants (UTAAW) continue limited over-the-counter trading at low values, reflecting the SPAC's dissolution without achieving a de-SPAC merger.