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This company recently went public with an IPO on Friday, May 16th 2025. They issued 26,100,000 shares at $10.00 per share. We will continue to update data for WENNU as it becomes available.

NASDAQ:WENNU

WEN Acquisition (WENNU) Stock Price, News & Analysis

$10.37 -0.03 (-0.29%)
As of 05/28/2025 03:57 PM Eastern

About WEN Acquisition Stock (NASDAQ:WENNU)

Key Stats

Today's Range
$10.37
$10.40
50-Day Range
N/A
52-Week Range
$10.31
$10.81
Volume
41,048 shs
Average Volume
519,935 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

We are a blank check company incorporated on January 13, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry but expect to focus on a target in industries that complement our management team’s background. We currently intend to concentrate our efforts on infrastructure companies in the financial technology (“fintech”) sector that are focused on enablement of digital assets, such as stablecoins, through the incorporation and integration of blockchain networks into the traditional financial systems. We believe that our management team and advisors’ deep expertise in both the fintech and digital asset/blockchain sectors lends itself well to pursuing platforms associated with the fintech space, but we are not required to complete our initial business combination with a business in those industries and, as a result, we may pursue a business combination outside of these industries. We expect to pursue both domestic and global businesses. We will seek to capitalize on the significant financial services, fintech and digital assets experience and contacts of Julian Sevillano, our Chairman of the board of directors and Chief Executive Officer, Sheraz Shere, who will serve as Co-Vice Chairman of the board of directors and Chairman of our Compensation Committee, Josh Fried, who will serve as Co-Vice Chairman of the board of directors, Drew Glover, who will serve as Non-Executive Board director and Chairman of our Audit Committee, Jurgen van de Vyver, our Chief Financial Officer, and our advisors, Ryan Gilbert and Shami Patel, to identify, evaluate and acquire a fintech business in, among others, the digital asset/blockchain industry. Nonetheless, we may pursue a business combination outside of those industries. Members of our management team and advisors have extensive experience in the fintech, payments, stablecoin and digital asset sector. In addition, members of our team also have broad experience in operating technology and financial services companies in a public company environment, as well as searching for, negotiating and consummating business combinations in a special purpose acquisition company (“SPAC”) context. Our executive offices are located in Oakland, CA.

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WENNU Stock News Headlines

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WENNU Stock Analysis - Frequently Asked Questions

WEN Acquisition's stock was trading at $10.40 on January 1st, 2025. Since then, WENNU stock has decreased by 0.3% and is now trading at $10.37.
View the best growth stocks for 2025 here
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WEN Acquisition (WENNU) raised $261 million in an initial public offering on Friday, May 16th 2025. The company issued 26,100,000 shares at a price of $10.00 per share.

WEN Acquisition's quiet period expires on Wednesday, June 25th. WEN Acquisition had issued 26,100,000 shares in its initial public offering on May 16th. The total size of the offering was $261,000,000 based on an initial share price of $10.00. During the company's quiet period, insiders and any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Shares of WENNU 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
Industry
Investment Offices
Sub-Industry
Trading
Current Symbol
NASDAQ:WENNU
Web
N/A
Fax
N/A
Employees
2
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Price / Cash Flow
N/A
Price / Book
N/A

Miscellaneous

Free Float
N/A
Optionable
N/A
Beta
N/A
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This page (NASDAQ:WENNU) was last updated on 5/29/2025 by MarketBeat.com Staff
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