Bowen Acquisition (BOWNU) Stock Price, News & Analysis

Company Overview

Bowen Acquisition Corp. is a Delaware-incorporated 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. The company completed its initial public offering on the Nasdaq Capital Market under the ticker “BOWNU,” raising proceeds that are held in a trust account pending identification of a suitable target.

As a blank‐check vehicle, Bowen Acquisition has not commenced any commercial operations of its own. Instead, its principal objective is to seek out and combine with an established private company that can benefit from the SPAC’s public listing and capital resources. The company’s management team evaluates potential targets across a range of industries, leveraging its experience in corporate finance, capital markets and strategic transactions to execute a value-creating business combination.

Bowen Acquisition’s sponsor group provides operational oversight and board-level guidance throughout the merger process. The SPAC structure offers private companies a streamlined route to public markets, enabling accelerated access to capital and liquidity for shareholders. Upon completion of a business combination, the combined entity is expected to operate under the acquired company’s brand and management, with Bowen Acquisition’s public shareholders retaining equity interests in the ongoing business.

Key Stats

• Today's Range: $13.02 to $13.02
• 50-Day Range: $8.80 to $13.02
• 52-Week Range: $2.77 to $15.36
• Volume: 500 shs
• Average Volume: 15,750 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BOWNU Stock Analysis - Frequently Asked Questions

How have BOWNU shares performed this year?

Bowen Acquisition's stock was trading at $11.01 at the start of the year. Since then, BOWNU stock has increased by 18.3% and is now trading at $13.02.

When did Bowen Acquisition IPO?

Bowen Acquisition (BOWNU) raised $60 million in an initial public offering (IPO) on Wednesday, July 12th 2023. The company issued 6,000,000 shares at $10.00 per share.

How do I buy shares of Bowen Acquisition?

Shares of BOWNU 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:BOWNU
• CIK: 1973056
• Web: www.bowenspac.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