Quetta Acquisition (QETAU) Stock Price, News & Analysis

Company Overview

Quetta Acquisition (NASDAQ: QETAU) is a blank check company incorporated in Delaware in 2021. As a special purpose acquisition company (SPAC), it was formed to raise capital through an initial public offering and pursue one or more business combinations, such as mergers, share exchanges or asset acquisitions. The company itself has no commercial operations to date and exists solely to identify and complete a qualifying transaction.

In July 2021, Quetta Acquisition completed its initial public offering, with the net proceeds placed in a trust account pending the completion of a business combination. The company’s management is focused on targets that can benefit from public market access, though it has not publicly announced any specific industry focus or definitive agreement with a merger partner.

Quetta Acquisition is headquartered in New York City, with its principal executive offices reflecting its status as a capital markets vehicle. Its leadership team comprises finance and investment professionals with backgrounds in deal origination, transaction execution and corporate governance, aligning their incentives with those of public shareholders to drive shareholder value through a successful de-SPAC transaction.

Key Stats

• Today's Range: $10.84 to $10.84
• 50-Day Range: $10.65 to $10.84
• 52-Week Range: $10.27 to $12.54
• Volume: N/A
• Average Volume: 1,475 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

QETAU Stock Analysis - Frequently Asked Questions

How have QETAU shares performed this year?

Quetta Acquisition's stock was trading at $10.65 at the beginning of the year. Since then, QETAU shares have increased by 1.8% and is now trading at $10.84.

When did Quetta Acquisition IPO?

Quetta Acquisition (QETAU) raised $60 million in an IPO on Friday, October 6th 2023. The company issued 6,000,000 shares at $10.00 per share. EF Hutton served as the underwriter for the IPO.

How do I buy shares of Quetta Acquisition?

Shares of QETAU 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:QETAU
• CIK: 1978528
• Web: N/A
• Phone: 212-612-1400
• 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