Trident Acquisitions (TDACU) Stock Price, News & Analysis

Company Overview

Trident Acquisitions Corp. is a special purpose acquisition company (SPAC) incorporated in Delaware in early 2021. It trades units on the OTC Markets under the ticker TDACU. The company was established to raise capital through an initial public offering and to pursue a merger, capital stock exchange, asset acquisition or similar business combination with one or more target companies.

Each public unit of Trident Acquisitions consists of one ordinary share and a fractional warrant exercisable into additional shares. The proceeds from its offering are held in a trust account until the company identifies and completes a qualifying transaction, which it typically aims to finalize within 24 months of its IPO. Until a business combination is completed, Trident Acquisitions has no operations or revenues of its own.

The SPAC’s management team comprises professionals with backgrounds in private equity, investment banking and corporate development. Leveraging their experience in mergers and acquisitions, capital markets and strategic growth planning, the leadership team seeks to identify opportunities in both domestic and international markets. Their goal is to partner with a business that offers sustainable growth potential and long-term value for shareholders.

Key Stats

• Today's Range: $10.40 to $10.41
• 50-Day Range: $10.35 to $10.52
• 52-Week Range: $10.00 to $10.72
• Volume: 1,600 shs
• Average Volume: 18,281 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TDACU Stock Analysis - Frequently Asked Questions

How have TDACU shares performed this year?

Trident Acquisitions' stock was trading at $10.02 at the beginning of the year. Since then, TDACU shares have increased by 3.8% and is now trading at $10.40.

How do I buy shares of Trident Acquisitions?

Shares of TDACU 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: Computer Software
• Current Symbol: OTCMKTS:TDACU
• CIK: 1673481
• Web: www.tridentacquisitions.com
• Phone: (646) 229-7549
• Fax: N/A
• Employees: 50
• 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