Oak Woods Acquisition (OAKUU) Stock Price, News & Analysis

Company Overview

Oak Woods Acquisition Corp is a Delaware‐incorporated special purpose acquisition company (SPAC) formed for the purpose of effecting 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 in early 2021, raising gross proceeds of approximately $250 million through the sale of units on the Nasdaq Capital Market. Headquartered in Miami, Florida, Oak Woods Acquisition is sponsored by Oak Woods Sponsor LLC.

As a blank check company, Oak Woods Acquisition has no commercial operations of its own. Its primary strategy is to leverage its management team’s industry relationships and operational expertise to identify and partner with an established business that demonstrates strong growth potential and sustainable competitive advantages. The proceeds from its IPO are held in a trust account and will be used exclusively to complete a business combination, or otherwise returned to public shareholders in the event that a qualifying transaction is not consummated within the specified timeframe.

Once a target company is identified, Oak Woods Acquisition will seek shareholder approval for the proposed business combination. Upon completion, the combined entity is expected to continue trading on the Nasdaq under Oak Woods Acquisition’s existing ticker symbol. This SPAC structure offers privately held businesses an alternative route to public markets, providing both capital access and the strategic support of an experienced sponsor and leadership team. Further details on the company’s search process and governance can be found in its public filings with the U.S. Securities and Exchange Commission.

Key Stats

• Today's Range: $11.85 to $11.99
• 50-Day Range: $11.37 to $11.85
• 52-Week Range: $11.85 to $11.99
• Volume: 200 shs
• Average Volume: 5,186 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

OAKUU Stock Analysis - Frequently Asked Questions

How have OAKUU shares performed this year?

Oak Woods Acquisition's stock was trading at $11.44 at the start of the year. Since then, OAKUU shares have increased by 3.6% and is now trading at $11.85.

When did Oak Woods Acquisition IPO?

Oak Woods Acquisition (OAKUU) raised $50 million in an initial public offering (IPO) on Friday, March 24th 2023. The company issued 5,000,000 shares at a price of $10.00 per share. EF Hutton acted as the underwriter for the IPO.

How do I buy shares of Oak Woods Acquisition?

Shares of OAKUU 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:OAKUU
• CIK: 1945422
• Web: www.oakwoodsacquisition.com
• Phone: 403-561-7750
• 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