Progress Acquisition (PGRWU) Stock Price, News & Analysis

Company Overview

Progress Acquisition Corp. is a special purpose acquisition company (SPAC) formed in February 2021 and incorporated in Delaware. It was established to raise capital through an initial public offering of units, with the objective of identifying and completing a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

As a blank‐check company, Progress Acquisition does not engage in traditional operating activities or generate revenue at this stage. The net proceeds from its IPO are held in a trust account, preserving capital until management secures a suitable acquisition target. Its securities—including units, common stock and warrants—trade on the Nasdaq Capital Market and over‐the‐counter under the symbols PGRW.U, PGRW and PGRWU, respectively.

The leadership team brings together professionals with backgrounds in investment banking, corporate finance and industry operations. Drawing on this expertise, management is tasked with sourcing acquisition candidates across multiple sectors and geographies, with an emphasis on opportunities that offer sustainable growth and long‐term value creation. The company generally has 24 months from its IPO date to complete a qualifying business combination, subject to extension provisions outlined in its governing documents.

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

PGRWU Stock Analysis - Frequently Asked Questions

How have PGRWU shares performed this year?

Progress Acquisition's stock was trading at $10.35 at the beginning of 2025. Since then, PGRWU stock has increased by 0.0% and is now trading at $10.35.

How do I buy shares of Progress Acquisition?

Shares of PGRWU 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: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