Valor Latitude Acquisition Corp.
VLAT
NASDAQ Capital Market10.28
USD
- -
- -
CIK
0001843091
ISIN
KYG9460N1060
CUSIP
G9460N106
Return %
Stock
S&P500
1Y
5.76
26.84
3Y
4.90
77.03
5Y
4.90
80.55
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
- Helio Lima Magalhaes
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Ugland House Grand Cayman Cayman Islands KY1-1104
- IPO Date
- Jun 24, 2021
- CIK
- 0001843091
- Website
- valorlatitude.com
- Similar Companies
- Business
- Valor Latitude Acquisition Corp. is a blank check company formed in 2021 and headquartered in George Town, Cayman Islands. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with technology-enabled businesses primarily in Latin America. Its investment strategy targets tech-enabled Latin American companies across various sectors including financial services, health and wellness, education, e-commerce, and logistics, especially those aiming to become category-defining enterprises or pursue cross-border expansion. Valor Latitude Acquisition Corp. does not have operating revenues as it serves as a special purpose acquisition company (SPAC) created to facilitate business combinations. It has a strategic emphasis on leveraging its network and operational expertise between Latin America and the US to support transformational companies at different growth stages. The company completed an initial public offering (IPO) in 2021, raising $200 million by issuing units consisting of common shares and warrants. Valor Latitude Acquisition Corp. recently announced plans related to redeeming its public shares and not consummating an initial business combination as of April 2023. It has engaged in purchasing and selling activities through institutional investors but remains focused on securing or executing its targeted business combination in Latin America. Valor Latitude Acquisition Corp. is managed by a team with deep experience in Latin American investments and cross-border growth strategies, establishing it as a platform dedicated to identifying and scaling technology-driven enterprises in the region. In summary, Valor Latitude Acquisition Corp. specializes in serving as an investment vehicle targeting technology-enabled growth companies in Latin America, with a core product of offering a public vehicle for mergers and acquisitions in this market segment. The latest major corporate activity involves share redemptions and ongoing pursuit of initial business combination opportunities to fulfill its strategic investment purpose. The company operates primarily in Latin America and is positioned to capitalize on technology disruption across multiple industry sectors with significant operational and investment expertise devoted to this region.