IG Acquisition (IGACU) Stock Price, News & Analysis

Company Overview

IG Acquisition (OTCMKTS:IGACU) is a blank check company, commonly known as a special purpose acquisition company (SPAC). Incorporated in Delaware, the company was formed to raise capital through an initial public offering and to identify and complete a business combination with one or more operating businesses. As a SPAC, IG Acquisition currently holds its cash proceeds in a trust account and has no operating activities of its own.

The company’s strategy is to pursue acquisitions in sectors that exhibit strong growth potential, though it has not disclosed a specific target industry or geographic focus. Management is tasked with sourcing and conducting due diligence on prospective candidates, negotiating transaction terms and securing the necessary approvals from shareholders and regulators to consummate a merger or acquisition.

To date, IG Acquisition has not announced a definitive agreement with a target company. Its units trade on the OTC Markets under the ticker IGACU. Following a successful business combination, the combined entity would seek to benefit from enhanced public-market access and the operational expertise of the SPAC’s management team. Further updates will be made as the company advances its search for acquisition opportunities.

Key Stats

• Today's Range: $10.11 to $10.11
• 50-Day Range: $10.11 to $10.11
• 52-Week Range: $9.00 to $10.18
• Volume: 1,100 shs
• Average Volume: 1,480 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IGACU Stock Analysis - Frequently Asked Questions

How have IGACU shares performed this year?

IG Acquisition's stock was trading at $10.11 at the beginning of the year. Since then, IGACU stock has increased by 0.0% and is now trading at $10.11.

How do I buy shares of IG Acquisition?

Shares of IGACU 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: Trading
• Current Symbol: OTCMKTS:IGACU
• CIK: 1819496
• Web: www.igacquisition.com
• Phone: 917 765 5588
• 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