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ACAC

Acri Capital Acquisition Corporation (ACAC)

$

11.2

-0.52 (-4.64%)


Key metrics

Financial statements

Free cash flow per share

Free cash flow per share

-0.3158

Market cap

Market cap

44.5 Million

Price to sales ratio

Price to sales ratio

0

Debt to equity

Debt to equity

0.1614

Current ratio

Current ratio

0.0177

Income quality

Income quality

-5.0024

Average inventory

Average inventory

0

ROE

ROE

0.0105



Technology

Technology

Technology – consumer electronics

Largecap

Largecap

With a market cap of 121,78 bil stock is ranked 1

Low risk

Low risk

ISS score of this stock is ranked 1


Company description

Profile

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.

What is Acri Capital Acquisition Corporation (ACAC)'s current stock price?

The current stock price of Acri Capital Acquisition Corporation (ACAC) is $11.20 as of 2024-09-26. Prices may fluctuate during the trading day. For real-time updates, check your brokerage platform or financial news websites.

Analysts predict Acri Capital Acquisition Corporation stock to fluctuate between $9.88 (low) and $14.99 (high) in the next 365 days, reflecting market expectations and potential volatility.

As of 2024-09-26, Acri Capital Acquisition Corporation's market cap is $44,482,256, based on 3,971,630 outstanding shares.

Compared to Meta Platforms, Inc. Class A Common Stock, Acri Capital Acquisition Corporation has a Lower Market-Cap, indicating a difference in performance.

To buy Acri Capital Acquisition Corporation (ACAC) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ACAC. Place an order (Market, Limit, etc.).

The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.

Revenue: $0 | EPS: $0.14 | Growth: 593.07%.

Visit /investor-relations for detailed financial reports.

You can explore historical data from here

All-time high: $14.99 (2024-09-16) | All-time low: $7.87 (2021-06-18).

Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.


News

ACAC

globenewswire.com

4 months ago

Foxx Development Expands Entertainment Offerings Through FreeCast Partnership

Premium streaming entertainment now comes standard on all Foxx smartphones and tablets Premium streaming entertainment now comes standard on all Foxx smartphones and tablets

ACAC

globenewswire.com

5 months ago

Foxx Development to Celebrate Milestone by Ringing Nasdaq Closing Bell on January 3, 2025

Irvine, CA, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Foxx Development Holdings Inc. (“Foxx Development” or “Company”) (Nasdaq: FOXX), a leading provider of consumer electronics and integrated Internet-of-Things (IoT) solutions for retail and institutional clients, today announced that it will ring the Nasdaq Closing Bell on Friday, January 3, 2025. This milestone event celebrates the Company's successful transition to a publicly traded entity in September 2024 and highlights its continued momentum in expanding its business operations and market presence.

ACAC

globenewswire.com

8 months ago

Foxx Development Closes Business Combination with Acri Capital Acquisition Corporation and Will Begin Trading on Nasdaq

Business Combination between Foxx Development Inc. and Acri Capital Acquisition Corporation closed on September 26, 2024 Trading of common stock and warrants of the new public company, Foxx Development Holdings Inc., commence on Nasdaq on September 27, 2024 under the ticker symbols "FOXX" and "FOXXW" Austin, TX, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Foxx Development Holdings Inc. (Nasdaq: FOXX), a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients, today announced the successful closing of the previously announced business combination (“the Business Combination”) between Foxx Development Inc. (“Foxx”) and Acri Capital Acquisition Corporation (“Acri”), a publicly traded special purpose acquisition company.

ACAC

globenewswire.com

9 months ago

Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Austin, Texas, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from September 14, 2024 to October 14, 2024, the Company received in its trust account (the “Trust Account”) an aggregate of $50,000 (the “New Monthly Extension Payment”) from Foxx Development Inc., the target of the Company's business combination.

ACAC

globenewswire.com

9 months ago

Acri Capital Acquisition Corporation and Foxx Development Inc. Announce Business Combination Approval by Acri Capital Acquisition Corporation Stockholders

Austin, TX, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, their previously announced business combination (the "Business Combination") with Foxx Development Inc. (“Foxx”), a consumer electronics and integrated Internet-of-Things (IoT) solution company catering to both retail and institutional clients, was approved at a special meeting of stockholders (the "Special Meeting") of the Company on August 27, 2024. Approximately 96.9% of the votes cast at the Special Meeting were in favor of the Business Combination. The Company plans to file the results of the Special Meeting, as tabulated by an independent inspector of elections, on a Current Report on Form 8-K with the Securities and Exchange Commission (the “SEC”) later today.

ACAC

globenewswire.com

a year ago

Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Austin, Texas, July 12, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from July 14, 2024 to August 14, 2024, Acri Capital Sponsor LLC, the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $50,000 (the “New Monthly Extension Payment”).

ACAC

globenewswire.com

a year ago

Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Austin, Texas, June 12, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from June 14, 2024 to July 14, 2024, Acri Capital Sponsor LLC, the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $50,000 (the “New Monthly Extension Payment”).

ACAC

globenewswire.com

a year ago

Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Austin, Texas, May 10, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from May 14, 2024 to June 14, 2024, Acri Capital Sponsor LLC, the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $50,000 (the “New Monthly Extension Payment”).

ACAC

globenewswire.com

a year ago

Acri Capital Acquisition Corporation Announces Confidential Submission of Draft Registration Statement on Form S-4 and Extension of the Deadline for an Initial Business Combination

Austin, Texas, April 10, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in relation to its previously announced proposed business combination (the “Transaction”) with Foxx Development Inc. (“Foxx”), a Texas based consumer electronics and integrated Internet-of-Things (IoT) solution company, and pursuant to a certain business combination agreement (the “Business Combination Agreement”) by and among the Company, Acri Capital Merger Sub I Inc.(“PubCo”), Acri Capital Merger Sub II Inc., and Foxx dated February 18, 2024, on April 5, 2024, PubCo submitted a confidential draft of Registration Statement on Form S-4, including a preliminary proxy statement/prospectus (the “Registration Statement”), to the U.S. Securities and Exchange Commission (the “SEC”).

ACAC

globenewswire.com

a year ago

Acri Capital Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination

Austin, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Acri Capital Acquisition Corporation (the “Company”) (Nasdaq: ACAC), a special purpose acquisition company, today announced that, in order to extend the date by which the Company must complete its initial business combination from March 14, 2024 to April 14, 2024, Acri Capital Sponsor LLC, the sponsor of the Company, has deposited into its trust account (the “Trust Account”) an aggregate of $75,000 (the “New Monthly Extension Payment”).

See all news

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