Shepherd Ave Capital Acquisition Co. Unit (SPHAU) Stock Price, News & Analysis

Company Overview

Shepherd Ave Capital Acquisition Co. Unit comprises the units issued by Shepherd Ave Capital Acquisition Co., a special purpose acquisition company formed to raise capital through an initial public offering on the Nasdaq Stock Market under the ticker SPHAU. Each unit typically consists of one Class A ordinary share and a fractional warrant to purchase additional shares, offering investors the opportunity to participate in a future business combination.

As a blank-check vehicle without ongoing commercial operations, Shepherd Ave Capital Acquisition Co. holds the proceeds of its IPO in a trust account, earning interest until a qualifying merger, acquisition or similar business combination is completed. The company’s primary activity is to identify, evaluate and negotiate transactions that align with its investment criteria, leveraging the flexibility and speed of the SPAC structure to execute a deal.

Shepherd Ave Capital Acquisition Co. is led by a management team with experience in corporate finance, mergers and acquisitions, and capital markets execution. Upon closing a business combination, the combined entity will transition into an operating public company, providing shareholders with exposure to the acquired company’s growth prospects. The SPAC continues to review potential targets across various industries and geographies, aiming to deliver value through strategic partnerships and operational enhancements.

Key Stats

• Today's Range: $10.20 to $10.20
• 50-Day Range: $10.20 to $10.42
• 52-Week Range: $9.99 to $10.25
• Volume: N/A
• Average Volume: 46,292 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SPHAU Stock Analysis - Frequently Asked Questions

How have SPHAU shares performed this year?

Shepherd Ave Capital Acquisition Co. Unit's stock was trading at $10.02 at the start of the year. Since then, SPHAU shares have increased by 1.8% and is now trading at $10.20.

When did Shepherd Ave Capital Acquisition Co. Unit IPO?

Shepherd Ave Capital Acquisition Co. Unit (SPHAU) raised $75 million in an initial public offering on Thursday, December 5th 2024. The company issued 7,500,000 shares at $10.00 per share.

When did the company's lock-up period expire?

Shepherd Ave Capital Acquisition Co. Unit's lock-up period expired on Tuesday, June 3rd. Shepherd Ave Capital Acquisition Co. Unit had issued 7,500,000 shares in its initial public offering on December 5th. The total size of the offering was $75,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

How do I buy shares of Shepherd Ave Capital Acquisition Co. Unit?

Shares of SPHAU 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: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:SPHAU
• CIK: 2030829
• Web: N/A
• Phone: (302) 235-3848
• Fax: N/A
• Employees: 2
• 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: N/A
• Beta: N/A