Ventoux CCM Acquisition Corp.
VTAQW
NASDAQ Capital Market0.16
USD
-0.03
- -
Ventoux CCM Acquisition Corp.
VTAQW
(NASDAQ Capital Market)
Recent
price
0.16
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- 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.