Broad Capital Acquisition Corp (NASDAQ: BRAC) is a special purpose acquisition company (SPAC) formed to identify, acquire and merge with a target business that can benefit from the combined company’s resources and network. Incorporated in Delaware, the company completed its initial public offering in mid-2021 and is sponsored by Broad Capital Group, a private equity and advisory firm with deep roots in Greater China’s technology and consumer markets. Broad Capital Acquisition focuses on leveraging its sponsors’ regional expertise to source deal flow in high‐growth sectors.
The company’s primary objective is to execute a business combination with a company operating in the technology, consumer internet, fintech or healthcare industries, with an emphasis on mid- to late-stage growth businesses in Asia-Pacific. By partnering with management teams of established and emerging companies, Broad Capital Acquisition seeks to accelerate international expansion, enhance operational capabilities and support value creation through strategic and financial expertise. Key sectors of interest include digital commerce, software services, health technology and financial platforms that can scale across multiple geographies.
Broad Capital Acquisition’s leadership team is composed of seasoned investment professionals and industry executives. Its board and advisory group draw on decades of experience in corporate finance, mergers and acquisitions, as well as operating roles at technology and consumer companies. This collective background enables the SPAC to perform rigorous due diligence, craft effective post-merger integration plans and align stakeholders toward long-term growth objectives.
While headquartered in New York to maintain proximity to U.S. capital markets, Broad Capital Acquisition benefits from its sponsor’s offices in Hong Kong, Beijing and Singapore, facilitating cross-border deal sourcing and execution. The company maintains a flexible approach to transaction structure and is prepared to explore opportunities across public and private markets. Its mandate underscores a commitment to creating value for investors by identifying businesses with strong fundamentals, scalable business models and attractive growth prospects.
AI Generated. May Contain Errors.
Free BRAC Stock Alerts