Prime Acquisition, Inc. is a special purpose acquisition company (SPAC) incorporated in Delaware with a mandate to identify and complete business combinations with growth-oriented private companies. Trading under the symbol PACQF on the OTC Markets, Prime Acquisition focuses on raising capital through public offerings and placing those proceeds in trust until the sponsorship team identifies an attractive merger or acquisition target. The company seeks to leverage its public listing status and capital base to facilitate a transaction that delivers value for its shareholders while enabling a private company to access public markets.
The company’s primary activities include sourcing potential acquisition candidates, conducting due diligence, negotiating terms of a business combination, and securing shareholder approval for its proposed transaction. Prime Acquisition’s sponsors bring experience in corporate finance, deal structuring, and operational management, and they target mid‐to‐late‐stage companies in sectors such as technology, healthcare, financial services, and sustainability. By focusing on these industries, Prime Acquisition aims to partner with companies that have established products or services, proven management teams, and clear paths to revenue growth.
Since its formation in 2021, Prime Acquisition has worked to build a pipeline of prospective targets across North America and select markets in Europe. The company’s leadership team comprises professionals who have held senior roles at public companies, private equity firms, and investment banks, giving Prime Acquisition access to a broad network of advisors and potential deal flow. This team structure is designed to streamline the merger process and support post‐closing integration, ensuring that target companies receive both the capital and strategic guidance necessary to thrive as public entities.
Looking ahead, Prime Acquisition plans to leverage its trust‐held capital and governance structure to complete a qualifying transaction within the timeframe required under its charter. Through its disciplined approach to deal selection and rigorous evaluation process, the company aims to generate long‐term value for shareholders and create a scalable platform for the business combination. Upon consummation of a merger, Prime Acquisition expects to rebrand the combined entity in alignment with the acquired company’s operating identity and strategic objectives.
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