Bleichroeder Acquisition Corp. I (BACQU) Stock Price, News & Analysis

Company Overview

Bleichroeder Acquisition Corp. I is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the Nasdaq under the ticker BACQU. As a blank‐check vehicle, the company raises capital through an initial public offering to pursue mergers, acquisitions or other business combinations with one or more operating businesses. Its primary objective is to leverage the strategic and financial expertise of its sponsors to identify and execute a transaction that delivers long‐term value to its shareholders.

The firm completed its initial public offering in early 2021, issuing units comprised of one Class A ordinary share and half a warrant. Net proceeds from the IPO are held in a U.S. trust account and may be used to consummate an acquisition target within a prescribed timeframe, typically 24 months from the closing of the offering. If no qualifying transaction is completed within that period, the company is required to liquidate and return funds to its public investors.

Bleichroeder Acquisition Corp. I is sponsored by Bleichroeder & Co., a privately held investment firm based in New York with a history of wealth management, investment banking and trading services. The management team combines experience across deal sourcing, corporate finance and capital markets, aiming to target mid-market businesses that can benefit from operational improvements and strategic guidance. To date, the company has not announced a definitive business combination and continues to evaluate potential targets in North America.

Key Stats

• Today's Range: $10.59 to $10.70
• 50-Day Range: $10.49 to $10.72
• 52-Week Range: $9.97 to $10.92
• Volume: 200 shs
• Average Volume: 7,717 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BACQU Stock Analysis - Frequently Asked Questions

How have BACQU shares performed this year?

Bleichroeder Acquisition Corp. I's stock was trading at $10.19 at the beginning of the year. Since then, BACQU stock has increased by 3.9% and is now trading at $10.59.

When did Bleichroeder Acquisition Corp. I IPO?

Bleichroeder Acquisition Corp. I (BACQU) raised $250 million in an initial public offering (IPO) on Friday, November 1st 2024. The company issued 25,000,000 shares at a price of $10.00 per share.

How do I buy shares of Bleichroeder Acquisition Corp. I?

Shares of BACQU 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: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:BACQU
• CIK: 2028707
• Web: N/A
• Phone: (917) 769-2999
• 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: N/A
• Beta: N/A