Acri Capital Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with technology-enabled companies operating in the areas of Software-as-a-Service, artificial intelligence, cloud computing, and Internet of Things. The company was incorporated in 2022 and is based in Austin, Texas.
Company profile
Ticker
ACAC, ACACU
Exchange
CEO
Ms. Yi Hua
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Subsidiaries
Acri Capital Merger Sub I Inc. • Acri Capital Merger Sub II Inc. ...
IRS number
874328187
ACAC stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
26 Sep 24
25-NSE
Exchange delisting
26 Sep 24
8-K
Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
13 Sep 24
425
Business combination disclosure
27 Aug 24
8-K
Acri Capital Acquisition Corporation and Foxx Development Inc. Announce
27 Aug 24
10-Q
2024 Q2
Quarterly report
14 Aug 24
DEFM14A
Proxy related to merger
29 Jul 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
26 Jul 24
8-K
Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
12 Jul 24
8-K
Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
12 Jun 24
Latest ownership filings
SC 13G/A
WOLVERINE ASSET MANAGEMENT LLC
16 Oct 24
4
Joy Yi Hua
26 Sep 24
4
James Craig Jr. Hardin
26 Sep 24
4
Andrew James Pierce
26 Sep 24
4
Change in insider ownership
26 Sep 24
4
EDMUND R MILLER
26 Sep 24
SC 13G/A
Sea Otter Advisors LLC
14 Feb 24
SC 13G
AQR CAPITAL MANAGEMENT LLC
14 Feb 24
SC 13G/A
Cubist Systematic Strategies, LLC
14 Feb 24
SC 13G
MIZUHO FINANCIAL GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | |
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Revenue | |||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.67 k | 4.67 k | 4.67 k | 4.67 k | 4.67 k | 4.67 k |
Cash burn (monthly) | 28.43 k | 16.37 k | 175.87 k | 94.70 k | 281.15 k | 120.52 k |
Cash used (since last report) | 107.92 k | 62.15 k | 667.57 k | 359.46 k | 1.07 mm | 457.48 k |
Cash remaining | -103.25 k | -57.48 k | -662.90 k | -354.80 k | -1.06 mm | -452.82 k |
Runway (months of cash) | -3.6 | -3.5 | -3.8 | -3.7 | -3.8 | -3.8 |
Institutional ownership, Q2 2024
84.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 3 |
Closed positions | 0 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 3.75 bn |
Total shares | 3.36 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Acri Capital Sponsor | 2.16 mm | $0.00 |
Feis Lawrence Michael | 368.23 k | $0.00 |
Cowen And | 278.17 k | $1.14 bn |
Universal-Investment-Gesellschaft mbH | 223.77 k | $2.42 mm |
Wolverine Asset Management | 177.09 k | $2.02 bn |
Context Capital Management | 100.00 k | $5.75 mm |
Warberg Asset Management | 27.36 k | $308.59 mm |
Dakota Wealth Management | 24.58 k | $277.21 mm |
Proequities | 0.00 | $0.00 |
News
Foxx Development Closes Business Combination With Acri Capital Acquisition Corporation And Will Begin Trading On Nasdaq Under The Ticker Symbol "FOXX"
26 Sep 24
Acri Capital Acquisition Corporation Announces Extension Of The Deadline For An Initial Business Combination To October 14, 2024
13 Sep 24
Acri Capital Acquisition Corp And Foxx Development Announce Approval For Business Combination
27 Aug 24
Press releases
Foxx Development Closes Business Combination with Acri Capital Acquisition Corporation and Will Begin Trading on Nasdaq
26 Sep 24
Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination
13 Sep 24
Acri Capital Acquisition Corporation and Foxx Development Inc. Announce Business Combination Approval by Acri Capital Acquisition Corporation Stockholders
27 Aug 24