Burgundy Technology Acquisition (BTAQU) Stock Price, News & Analysis

Company Overview

Burgundy Technology Acquisition Corp. is a special purpose acquisition company (SPAC) organized as a blank‐check company for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the technology sector. The SPAC structure enables Burgundy Technology Acquisition to raise capital through its initial public offering and seek out acquisition targets with established revenue streams, scalable operations or innovative technology offerings.

The company completed its initial public offering in March 2021, raising gross proceeds that are held in a trust account pending the identification and approval of a suitable business combination. Its units, which trade over-the-counter under the ticker BTAQU, consist of one share of common stock and a fraction of a warrant to purchase additional shares upon the closing of a qualifying transaction. Burgundy Technology Acquisition is sponsored by Burgundy Technology Acquisition Advisor LLC, a group of finance and technology professionals with experience in private equity, investment banking and corporate strategy.

Headquartered in New York, Burgundy Technology Acquisition is focused on targets that leverage advances in digital infrastructure, software as a service, cybersecurity, data analytics and other high-growth technology segments. The company aims to combine its financial resources with the operational expertise of its management team to support the growth and expansion of a private technology company through public markets. As of today, Burgundy Technology Acquisition continues its search and evaluation process for a definitive business combination.

Key Stats

• Today's Range: $10.03 to $10.03
• 50-Day Range: $10.03 to $10.03
• 52-Week Range: $9.20 to $11.75
• Volume: N/A
• Average Volume: 1,527 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: OTCMKTS:BTAQU
• CIK: 1815526
• Web: www.burgundytechnology.com
• Phone: (619) 736-6855
• 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: Not Optionable
• Beta: N/A