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BACA

Berenson Acquisition Corp. I

https://www.berensonacquisitioncorp.com

Industry

Shell Companies

Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses its search on a target business that operate in the software and technology-enabled services industry. The company was incorporated in 2021 and is based in New York, New York.

Open

10.65

Mkt cap

85M

Volume

17K

High

10.65

P/E Ratio

-7.77

52-wk high

10.74

Low

10.65

Div yield

N/A

52-wk low

10.20

Berenson Acquisition Corp. I (NYSE:BACA) will liquidate as it will not complete its initial business combination by September 30, 2024. The liquidation process will begin on October 16, 2024, with a per-share redemption price of approximately $10.69. The company's securities will cease trading on September 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:23 pm

Berenson Acquisition has revealed substantial doubt about its ability to continue as a going concern, as noted in its annual report for the fiscal year ended December 31, 2023. The audit opinion from its independent registered public accounting firm included an explanatory paragraph highlighting this concern.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 9:06 pm

Berenson Acquisition Corp (BACA) and Custom Health have entered into a definitive business combination agreement, which is anticipated to lead to Custom Health becoming a publicly-listed company.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:01 pm

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