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

Company Overview

ACE Convergence Acquisition (OTCMKTS:ACEVU) is a special purpose acquisition company (SPAC) organized to effect a merger, share exchange, asset acquisition or reorganization with one or more operating businesses. Incorporated in Delaware in 2021, the company completed its initial public offering and formed a trust account to finance a business combination. It trades on the OTC Markets under the ticker ACEVU, providing investors with a vehicle to participate in a strategic acquisition.

Sponsored by Convergence Partners Group, a global investment platform focused on financial services and technology, ACE Convergence Acquisition seeks targets that exhibit strong growth trajectories, scalable business models and leadership in their respective markets. The SPAC’s investment mandate emphasizes sectors such as digital payments, lending platforms, financial infrastructure and other adjacent fintech verticals. By leveraging the sponsor’s industry expertise and network, the company aims to identify high-quality businesses poised for expansion.

ACE Convergence Acquisition is led by a management team with deep experience in capital markets, deal execution and operational management. The team’s collective background spans investment banking, private equity and financial services across multiple regions. Following a successful business combination, the company intends to harness its public‐company structure and the sponsor’s ongoing support to drive growth and deliver long-term value for shareholders in the rapidly evolving financial technology landscape.

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 beginning of the year. Since then, ACEVU shares have 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