ACE Convergence Acquisition (ACEVU) Stock Price, News & Analysis

Company Overview

ACE Convergence Acquisition (OTCMKTS: ACEVU) is a special purpose acquisition company (SPAC) incorporated in Delaware. The company was formed to raise capital through an initial public offering and to use the proceeds to identify, acquire, or merge with one or more businesses. Until such a business combination is completed, ACE Convergence Acquisition has no operations and holds its net IPO proceeds in a trust account.

Following the closing of its offering, ACE Convergence Acquisition’s trust account earned interest and remains available to fund a qualifying merger, acquisition, asset purchase or other business combination. The company generally has a fixed period—commonly up to 24 months—to complete a transaction, after which it must return remaining funds to public shareholders if no combination has been approved.

ACE Convergence Acquisition’s management team is composed of professionals with backgrounds in corporate finance, mergers and acquisitions, and operational leadership. The team is currently focused on evaluating potential targets and structuring a business combination intended to create long-term value for its shareholders. As a publicly traded SPAC on the OTC market, ACE Convergence Acquisition provides investors with exposure to a prospective de-SPAC opportunity without pre-identifying a specific target company.

Key Stats

• Today's Range: $9.27 to $9.77
• 50-Day Range: $9.77 to $9.77
• 52-Week Range: $9.27 to $10.80
• Volume: 800 shs
• Average Volume: 2,197 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

ACEVU Stock Analysis - Frequently Asked Questions

How have ACEVU shares performed this year?

ACE Convergence Acquisition's stock was trading at $9.77 at the start of the year. Since then, ACEVU stock has increased by 0.0% and is now trading at $9.77.

How do I buy shares of ACE Convergence Acquisition?

Shares of ACEVU 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: OTCMKTS
• Sector: Finance
• Industry: Shell Companies
• Sub-Industry: Electronic Equipment
• Current Symbol: OTCMKTS:ACEVU
• CIK: 1813658
• Web: acev.io
• Phone: 302 633 2102
• Fax: N/A
• Employees: 3
• 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