Pure Acquisition (PACQU) Stock Price, News & Analysis

Company Overview

Pure Acquisition (OTCMKTS:PACQU) is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands. The firm was established to identify and complete mergers or business combinations with private operating companies, providing them with access to public capital markets. Pure Acquisition’s structure allows investors to participate in growth opportunities without committing to a specific target at the time of its initial public offering.

Since its inception, Pure Acquisition has raised capital through the issuance of units, each comprising one common share and one warrant. The proceeds from the public listing are held in a trust account and are intended to finance the acquisition of a target business. Shareholders must approve any proposed transaction, and upon completion, the combined entity’s shares and warrants would trade on a national securities exchange.

The company is actively evaluating businesses across various industries and geographies, with a primary focus on North America. While details on a definitive acquisition target have not yet been announced, Pure Acquisition’s management team leverages capital markets expertise to source and evaluate potential candidates. The firm seeks to identify high-growth companies that can benefit from its strategic guidance and public listing.

Pure Acquisition’s success hinges on its ability to execute a value-accretive combination and navigate regulatory approvals. As a newly formed SPAC, the company continues to refine its acquisition criteria and engage with prospective targets. Investors in PACQU shares and warrants are exposed to the potential upside of an identified acquisition as well as redemption rights if no business combination is completed within the prescribed timeframe.

Key Stats

• Today's Range: $10.70 to $10.70
• 50-Day Range: $10.70 to $10.70
• 52-Week Range: $10.31 to $12.05
• Volume: 47 shs
• Average Volume: 1,610 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

PACQU Stock Analysis - Frequently Asked Questions

How have PACQU shares performed this year?

Pure Acquisition's stock was trading at $10.70 at the start of the year. Since then, PACQU stock has increased by 0.0% and is now trading at $10.70.

How do I buy shares of Pure Acquisition?

Shares of PACQU 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: Industrials
• Industry: Conglomerates
• Sub-Industry: Trading
• Current Symbol: OTCMKTS:PACQU
• CIK: 1726293
• Web: N/A
• Phone: (817) 850-9200
• Fax: N/A
• Employees: N/A
• 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