World Quantum Growth Acquisition Corp.
WQGA
New York Stock Exchange10.28
USD
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World Quantum Growth Acquisition Corp.
WQGA
(New York Stock Exchange)
Recent
price
10.28
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- World Quantum Growth Acquisition Corp. (WQGA) is a blank check company incorporated in the Cayman Islands in 2021 and headquartered in George Town, Grand Cayman, that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the financial services and financial technology sectors, as well as supporting technology firms, in the United States, Europe, the Middle East, and Africa; it offers no current products or services beyond its SPAC structure, having raised approximately $200 million in its August 2021 initial public offering underwritten by Credit Suisse, with proceeds placed in trust; the company is led by Chairman and CEO Xavier Rolet, former CEO of London Stock Exchange Group, and CFO Serge Harry, former CFO of Euronext. In February 2023, the company adjourned its extraordinary general meeting indefinitely, announced its determination to liquidate due to failure to complete an initial business combination within the required timeframe, redeemed all Class A ordinary shares at approximately $10.29 per share effective February 24, 2023, delisted from the NYSE, and terminated its securities registration with the SEC via Form 15-12G filed in March 2023, resulting in the company's dissolution with no ongoing operations or active trading as of 2025.