Vision Sensing Acquisition Corp.

Vision Sensing Acquisition Corp.

VSAC
Vision Sensing Acquisition Corp.US flagNASDAQ Global Market
11.70
USD
+0.05
- -
48.40MMarket Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
-0.08
-0.01
-0.02
-0.15
Free Cash Flow per Basic Share
-0.06
-0.07
-0.09
-0.29
Dividend per Share
- -
- -
- -
- -
Book Value per Share
21.6
7.58
0.72
0.66
Tangible Book Value per Share
21.6
7.58
0.72
0.66
Basic Weighted Avg Shares
5
13
7
4
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
-1
Effective Tax Rate (%)
- -
- -
133.15
7,253.35
Profit Margin (%)
- -
- -
- -
- -
Working Capital
- -
-2
-6
-7
LT Debt
- -
- -
- -
- -
Total Equity
100
99
5
3
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-0.35
6.64
Return on Common Equity (%)
- -
-0.15
-0.29
-9.62

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
4
5
5
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
76
44
46

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
8
8
8
Payables & Accruals
4
3
3
ST Debt
4
5
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-94.64%
Free Cash Flow
- -
- -
-29.05%
Net Income, GAAP
- -
- -
4.15%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.06
-0.01
-0.02
- -
-0.01
2023
0.06
-0.16
-0.06
- -
-0.02
2024
-0.01
-0.06
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
George Peter Sobek
Sector
Financial Services
Industry
Shell Companies
Address
78 SW 7th Street Miami FL United States of America 33130
IPO Date
Dec 23, 2021
Business
Vision Sensing Acquisition Corp. Vision Sensing Acquisition Corp. is a blank check company with no significant operations that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting companies in vision sensing technologies (VST), including hardware chip solutions such as chips, modules and systems; VST-related application software; artificial intelligence; and other peripheral technologies that assist to integrate and/or supplement VST applications. The company, incorporated in 2021 and headquartered in Miami, Florida, operates as a subsidiary of Vision Sensing LLC. It pursues targets serving industries such as automotive, manufacturing, medical and healthcare through advanced sensor technologies. In recent developments, Vision Sensing Acquisition Corp. terminated its proposed business combination with Newsight Imaging Ltd. in December 2023 citing challenging economic conditions; entered into a definitive merger agreement with Mediforum Co., Ltd., a South Korean biopharmaceutical firm, in January 2024, which was later mutually terminated in August 2024; signed a non-binding letter of intent in August 2024 with Convergence CT, Inc., a Delaware-incorporated provider of smart hospital information systems integrating IoT and AI for workflow optimization and patient care; repeatedly extended its deadline for an initial business combination through sponsor deposits up to October 2024; and announced delisting from Nasdaq and subsequent dissolution and liquidation in October 2024 after failing to secure a final extension fee or complete a transaction, with public shareholders receiving approximately $11.92 per share from its trust account.

Company News

APIChatGPT
  • Vision Sensing Acquisition Corp. Announces Securities Suspension Date and Redemption Amount

  • Vision Sensing Acquisition Corp. Announces Delisting and Subsequent Liquidation

  • Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to November 3, 2024

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to October 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to October 3, 2024

  • Vision Sensing Acquisition Corp. Announces Letter of Intent with Convergence CT, Inc.

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to September 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to September 3, 2024

  • Vision Sensing Acquisition Corp. Announces Successful Application to Nasdaq Stock Exchange for VSAC to Migrate to the Nasdaq Capital Market

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to August 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to August 3, 2024

  • Vision Sensing Acquisition Corp. Announces Receipt of a Deficiency Notice from Nasdaq for Failure to Timely File its 1st Quarter 2024 Form 10-Q and Announces the Filing of the Form 10-Q

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to July 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend the Period to Consummate Its Initial Business Combination to July 3, 2024

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to June 3, 2024

  • Vision Sensing Acquisition Corp. Receives Positive Ruling from Nasdaq Hearings Panel

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to May 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend Period to Consummate Initial Business Combination to May 3, 2024

  • Vision Sensing Acquisition Corp. Announces Payment of Fee to Extend Period to Consummate Initial Business Combination to April 3, 2024

  • Vision Sensing Acquisition Corp. Announces Intention to Extend Period to Consummate Initial Business Combination to April 3, 2024