Ventoux CCM Acquisition Corp.

Ventoux CCM Acquisition Corp.

VTAQW
Ventoux CCM Acquisition Corp.US flagNASDAQ Capital Market
0.16
USD
-0.03
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Edward Scheetz
Sector
Financial Services
Industry
Shell Companies
Address
1 East Putnam Avenue Greenwich CT United States of America 06830
Business
Ventoux CCM Acquisition Corp. (NASDAQ:VTAQW) operates as a blank check company whose warrants entitle holders to purchase shares of Presto Automation Inc. following the completion of its business combination; it provides no operational products or services beyond facilitating mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar transactions targeting businesses in the hospitality, leisure, travel, and dining sectors across North America. Incorporated in 2019 and headquartered in Greenwich, Connecticut, the company, formerly known as Chardan Global Acquisition Corp., consummated its merger with E La Carte Inc. (doing business as Presto), a provider of labor automation technologies for restaurants including voice, vision, and touch solutions processed across nearly 280,000 deployments, on September 21, 2022, with the combined entity renamed Presto Automation Inc. and trading under symbols PRST and PRSTW. Post-merger, Ventoux CCM secured approximately $120 million in proceeds, including a strategic investment from Cleveland Avenue LLC, to support Presto's expansion and development; the VTAQW warrants, originally set to expire September 30, 2025, continue trading at minimal value amid indications of potential delisting or termination of registration.