Z-Work Acquisition Corp.
ZWRKU
NASDAQ Capital Market10.05
USD
+0.01
- -
CIK
0001828438
ISIN
US98880C2017
CUSIP
98880C201
Return %
Stock
S&P500
1Y
1.72
26.53
3Y
-3.37
76.60
5Y
-3.37
80.11
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 575 Fifth Avenue New York City NY United States of America 10017
- IPO Date
- Jan 29, 2021
- CIK
- 0001828438
- Website
- zworkacquisition.com
- Similar Companies
- Business
- Z-Work Acquisition Corp. is a blank check company primarily focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more entities. The company targets high-growth, technology-based and technology-enhanced businesses that transform how work is found, facilitated, and enhanced through innovative technology solutions. Founded in 2020 and headquartered in New York, New York, Z-Work Acquisition Corp. does not have significant operations of its own but seeks to leverage transformative impacts of technology on work productivity and satisfaction. The company’s core activities revolve around sourcing and executing a business combination with technology companies operating across various industries without limitation to a specific sector or geographic region. Its products and services are essentially defined by the acquisition targets it pursues, emphasizing technology that supports companies and workers in diverse forms of work execution and enhancement. In recent major developments, Z-Work Acquisition Corp. completed a $200 million initial public offering (IPO) in January 2021, priced at $10 per unit, with the strategic intent to deploy capital towards business combinations that align with its focus on technology-driven work transformation. However, as of late 2022, shareholders approved the redemption of the company’s public shares and decided not to proceed with a business combination, which effectively marks a significant operational and strategic change within the last two years. The company continues to trade publicly under the ticker ZWRKU on the NASDAQ exchange. This positioning categorizes Z-Work Acquisition Corp. within the special purpose acquisition company (SPAC) industry segment, targeting disruptive technology enterprises with the objective to create value through mergers and acquisitions. Its primary market is focused on technology-driven sectors, with broad geographic applicability given the absence of regional restriction in its business model. Z-Work Acquisition Corp. remains headquartered at 575 Fifth Avenue, 15th Floor, New York, NY 10017, and operates mainly as a merger and acquisition vehicle without direct manufacturing or product offerings but centered on strategic business combination opportunities in the technology and work facilitation space.
Z-Work Acquisition (OTCMKTS:ZWRKU) Trading Up 0.1% – Here’s What Happened
Z-Work Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 22, 2021