Ventoux CCM Acquisition Corp. (NASDAQ: VTAQ) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing operations other than seeking and completing an initial business combination through merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction. The company targets businesses primarily in the hospitality, leisure, travel, and dining sectors in North America; it completed its initial public offering of 15 million units in early 2021 and focuses on sponsor-affiliated opportunities in these consumer-oriented industries. Incorporated in 2019 and headquartered in Greenwich, Connecticut, Ventoux CCM Acquisition Corp. was formerly known as Chardan Global Acquisition Corp.
In September 2022, the company executed its business combination with E La Carte, doing business as Presto, a provider of labor automation technology for the hospitality industry offering voice AI, vision, and touch solutions to enhance restaurant staff productivity and guest experience. Stockholders approved the merger on September 14, 2022, with approximately 99% favorable votes, leading to the combined entity operating as Presto Automation Inc. under new tickers PRST and PRSTW beginning September 22, 2022, and unlocking about $92 million to $120 million in gross proceeds including a $60 million private equity investment led by Cleveland Avenue, LLC. As of late 2025, Ventoux CCM Acquisition Corp. maintains a minimal market capitalization around $28 million with low trading volume, its Exchange Act registration revoked per SEC records, and warrants (VTAQW) trading nominally while the common stock faces potential delisting.