Z-Work Acquisition Corp.

Z-Work Acquisition Corp.

ZWRKW
Z-Work Acquisition Corp.US flagNASDAQ Capital Market
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USD
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Capital Structure

FRC

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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

APIChat
CEO
Douglas M. Atkin
Sector
Financial Services
Industry
Shell Companies
Address
575 Fifth Avenue New York City NY United States of America
IPO Date
Mar 22, 2021
Business
Z-Work Acquisition Corp. (ZWRK) operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, particularly targeting high-growth, technology-based or technology-enhanced companies in the work sector, including gig economy platforms and workforce productivity solutions; it offers no independent products or services beyond this acquisition mandate. Incorporated in 2020 and headquartered at 575 Fifth Avenue, 15th Floor, New York, New York, the company went public in February 2021 through an initial public offering of 20 million units priced at $10.00 each, raising $200 million before underwriting discounts. In a significant development, shareholders approved an early liquidation amendment on December 8, 2022, ahead of the original February 2023 deadline, resulting in the redemption of all outstanding Class A common shares at approximately $10.08 per share, with completion around December 9, 2022, and no business combination ever consummated.