Progress Acquisition (PGRWU) Stock Price, News & Analysis

Company Overview

Progress Acquisition (OTCMKTS:PGRWU) is a special purpose acquisition company (SPAC) formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not currently engage in any operating activities and holds its IPO proceeds in a trust account pending the identification and completion of a qualifying business combination.

Organized under the laws of the State of Delaware, Progress Acquisition completed its initial public offering in March 2021 through the sale of units at $10.00 per unit. The proceeds from this offering are intended to fund a business combination in sectors including technology, consumer products, healthcare or related industries, although no definitive agreement with a target company has been announced to date.

With a management team experienced in corporate finance and transaction execution, Progress Acquisition aims to leverage public market access and strategic expertise to partner with a growth-stage or mature private company seeking capital and a streamlined route to listing. The company’s board and executive officers will seek shareholder approval before consummating any proposed business combination and plan to deliver long-term value upon closing of a qualifying transaction.

Key Stats

• Today's Range: $10.35 to $10.35
• 50-Day Range: $10.35 to $10.35
• 52-Week Range: $9.88 to $10.96
• Volume: 3,100 shs
• Average Volume: 6,664 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: Shell Companies
• Sub-Industry: Trading
• Current Symbol: OTCMKTS:PGRWU
• CIK: 1833213
• Web: www.progressacquisition.com
• Phone: (781) 264-4737
• 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