AlphaVest Acquisition (ATMVU) Stock Price, News & Analysis

Company Overview

AlphaVest Acquisition Corp. (NASDAQ: ATMVU) is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Incorporated in Delaware in 2021, the company conducts an initial public offering of units consisting of one share of common stock and one-third of a warrant. As a blank‐check vehicle, AlphaVest Acquisition Corp. does not engage in any commercial operations until it identifies and completes a business combination.

The firm is sponsored by AlphaVest Partners, a merchant banking and investment advisory group with a focus on financial technology, consumer products and services, and related technology sectors. AlphaVest’s management team brings experience in corporate finance, strategic advisory and investment analysis, positioning the SPAC to target high-growth opportunities in North America. The company seeks emerging or middle-market businesses that can benefit from public equity and operational support to accelerate growth and market reach.

AlphaVest Acquisition Corp. evaluates prospective targets based on revenue growth, scalability and alignment with long-term industry trends. Upon announcing a definitive merger agreement, the SPAC conducts a shareholder vote to approve the transaction, after which the combined entity will trade under a new ticker symbol. The company’s mandate typically allows up to 24 months to complete a business combination, during which its trust account holds the proceeds of its IPO in interest-bearing instruments.

Key Stats

• Today's Range: $11.75 to $11.85
• 50-Day Range: $11.31 to $11.85
• 52-Week Range: $11.10 to $12.32
• Volume: 200 shs
• Average Volume: 633 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ATMVU Stock Analysis - Frequently Asked Questions

How have ATMVU shares performed this year?

AlphaVest Acquisition's stock was trading at $11.31 at the beginning of the year. Since then, ATMVU stock has increased by 4.8% and is now trading at $11.85.

When did AlphaVest Acquisition IPO?

AlphaVest Acquisition (ATMVU) raised $60 million in an IPO on Tuesday, December 20th 2022. The company issued 6,000,000 shares at $10.00 per share.

How do I buy shares of AlphaVest Acquisition?

Shares of ATMVU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:ATMVU
• CIK: 1937891
• Web: www.alphavestacquisition.com
• Phone: 203-998-5540
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A