Williams Rowland Acquisition Corp.
WRAC
New York Stock Exchange10.50
USD
-0.07
- -
CIK
0001855168
ISIN
US96951B1026
CUSIP
96951B102
Return %
Stock
S&P500
1Y
1.94
18.21
3Y
6.60
64.38
5Y
6.60
72.43
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
- David Brewster Williams
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 450 Post Road East Westport CT United States of America 06880
- IPO Date
- Sep 16, 2021
- CIK
- 0001855168
- Website
- williamsrowland.com
- Similar Companies
- Business
- Williams Rowland Acquisition Corp. (WRAC) operates as a blank check company whose principal business activity is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company focuses on high-quality growth-oriented targets in the financial services, fintech, and technology sectors, particularly those featuring strong technology offerings in disruptive verticals that are scaling up and generating revenue; it offers no current products or operational services beyond this acquisition mandate. Founded in 2021 and headquartered in Westport, Connecticut, WRAC conducts its activities primarily in the United States while targeting opportunities with global potential. Recent major changes include a 2023 transaction in which Williams Rowland Sponsor LLC acquired an additional 27.3% stake in the company from WRAC Limited for $0.3 million, as well as a securities purchase agreement involving sponsor ownership sales by co-CEOs Jonathan Rowland and David B. Williams; additionally, NYSE American commenced delisting proceedings for its warrants (WRAC.WS) in June 2023 due to low trading price, with common stock trading continuing under WRAC. The company, led by co-CEOs David "Tiger" Williams and Jonathan Rowland, maintains a strong balance sheet to support acquisition pursuits and has seen significant institutional ownership reductions, with Quarry LP as a key remaining holder of 116,681 shares as of early 2024.
Williams Rowland Acquisition Corp. Announces Liquidation Price
Williams Rowland Acquisition Corp. Will Redeem Its Public Shares and Liquidate