Coliseum Acquisition (MITAU) Stock Price, News & Analysis

Company Overview

Coliseum Acquisition (NASDAQ: MITAU) is a special purpose acquisition company (SPAC) incorporated in Delaware. As a blank‐check company, Coliseum Acquisition has no commercial operations to date and was formed to raise capital through an initial public offering (IPO) for the purpose of effecting one or more mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combination transactions.

In its IPO, Coliseum Acquisition sold units to investors, each comprising one share of common stock and a fraction of a warrant, with the gross proceeds placed in a trust account. The company’s management team is focused on deploying those funds toward identifying and negotiating a business combination with a target that can drive long‐term value creation for shareholders. To date, Coliseum Acquisition has not announced a definitive agreement for a business combination.

Coliseum Acquisition’s strategy emphasizes acquiring a business with strong growth potential and scalable operations. Operating from its headquarters in the United States, the SPAC leverages the expertise of its sponsors and advisory board to source opportunities across various industries and geographies. The company must complete its business combination within a defined timeframe or liquidate and return the trust proceeds to its public investors.

Key Stats

• Today's Range: $14.30 to $14.30
• 50-Day Range: $14.30 to $14.30
• 52-Week Range: $9.26 to $14.50
• Volume: N/A
• Average Volume: 3,199 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MITAU Stock Analysis - Frequently Asked Questions

When did Coliseum Acquisition IPO?

Coliseum Acquisition (MITAU) raised $150 million in an initial public offering on Wednesday, June 23rd 2021. The company issued 15,000,000 shares at $10.00 per share. Stifel served as the underwriter for the IPO.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:MITAU
• CIK: 1847440
• Web: www.coliseumacq.com
• Phone: 212-600-5763
• 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