Ventoux CCM Acquisition Corp.
VTAQU
NASDAQ Capital Market5.73
USD
-1.27
- -
CIK
0001822145
ISIN
US92280L2007
CUSIP
92280L200
Return %
Stock
S&P500
1Y
-46.70
18.21
3Y
-43.77
63.29
5Y
-43.77
74.90
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
- Edward Scheetz
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1 East Putnam Avenue Greenwich CT United States of America 06830
- IPO Date
- Dec 18, 2020
- CIK
- 0001822145
- Similar Companies
- Business
- Ventoux CCM Acquisition Corp. (NASDAQ:VTAQU) operates as a blank check company whose units trade publicly following its initial public offering in December 2020; it focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the hospitality, leisure, travel, and dining sectors in North America with emphasis on consumer-branded companies exhibiting attractive growth characteristics. The company provides no operational products or services of its own but holds cash in trust for deployment in a de-SPAC transaction; its securities structure includes units comprising common stock, rights, and warrants trading under VTAQU, VTAQ, VTAQR, and VTAQW respectively. Founded in 2019 and headquartered in Greenwich, Connecticut, Ventoux CCM Acquisition Corp. was formerly known as Chardan Global Acquisition Corp. and is co-sponsored by Ventoux Acquisition Holdings LLC and an affiliate of Chardan Capital Markets. In September 2022, the company completed a reverse merger with E La Carte Inc. (doing business as Presto), a provider of restaurant labor automation technologies including AI-driven voice ordering and pay-at-table solutions, resulting in the combined entity operating as Presto Automation Inc. with common stock and warrants relisted under PRST and PRSTW; the transaction delivered approximately $92 million in gross proceeds including a $60 million equity PIPE led by Cleveland Avenue and generated a pre-money valuation for Presto of $525 million after multiple amendments that reduced minimum cash conditions and extended deadlines through August 2022.
Ventoux CCM Acquisition Corp. Announces the Separate Trading of its Common Stock, Rights and Warrants, Commencing February 5, 2021
Ventoux CCM Acquisition Corp. Announces Pricing of $150 Million Initial Public Offering