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Upturn AI SWOT - About
Acies Acquisition Corp (ACACW)
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Upturn Advisory Summary
09/18/2024: ACACW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -44.44% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/18/2024 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 19893 | Beta - | 52 Weeks Range 0.02 - 0.30 | Updated Date 02/8/2024 |
52 Weeks Range 0.02 - 0.30 | Updated Date 02/8/2024 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 2940108 |
Shares Outstanding - | Shares Floating 2940108 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Acies Acquisition Corp
Company Overview
History and Background
Acies Acquisition Corp. was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was founded in 2020.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): Acies Acquisition Corp. did not have operations of its own but existed to find and merge with an existing operating company.
Leadership and Structure
Acies Acquisition Corp was led by a management team with experience in financial services. Its organizational structure was typical of SPACs, designed to facilitate a merger transaction.
Top Products and Market Share
Key Offerings
- SPAC Structure: Acies Acquisition Corp's primary 'product' was its structure as a SPAC, offering a pathway for a private company to become publicly listed without a traditional IPO. Since it was a SPAC, it did not generate revenue or have market share in a traditional sense. After its acquisition of HDVI, Acies no longer exists.
Market Dynamics
Industry Overview
The SPAC market was a dynamic segment of the financial industry, known for its high-growth and high-risk nature.
Positioning
Acies Acquisition Corp was positioned as a vehicle to bring a high-growth company to the public markets. The SPAC was originally focused on the technology and financial services industries.
Total Addressable Market (TAM)
As a SPAC, the TAM would be the total value of private companies it could acquire. This is extremely large, in the trillions of dollars. How well Acies could perform in the TAM depended on the company they merged with.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Access to public capital markets
- Flexibility in deal structure
Weaknesses
- Dependence on identifying and completing a suitable merger
- Potential for shareholder dilution
- Market risk associated with SPAC investments
Opportunities
- Growing demand for alternative pathways to public listing
- Availability of attractive acquisition targets
- Potential for value creation through successful merger
Threats
- Increased competition from other SPACs
- Regulatory changes affecting SPAC activity
- Economic downturn impacting merger valuations
Competitors and Market Share
Key Competitors
Competitive Landscape
Before merging, Acies Acquisition Corp's competitve landscape consisted of other SPACs looking for good companies to aquire.
Major Acquisitions
HDVI
- Year: 2023
- Acquisition Price (USD millions):
- Strategic Rationale: To bring HDVI public and leverage its technology and market position in the commercial transportation insurance industry.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is not applicable as this is a SPAC
Future Projections: Future projections are not applicable as this is a SPAC
Recent Initiatives: Acies Acquisition Corp. merged with HDVI, a provider of insurance and data analytics for the commercial transportation industry.
Summary
Acies Acquisition Corp was a SPAC that sought to merge with a private company. After it's aquisition with HDVI, Acies ceased to exist. The company was reliant on finding a suitable merger target and creating value for shareholders through the combined entity. Key risks included competition from other SPACs and economic downturns which could affect merger valuations.
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Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
- Financial News Articles
Disclaimers:
The information provided is for informational purposes only and should not be considered as financial advice. Investment decisions should be based on individual due diligence and consultation with a financial professional. The company no longer exists, so future results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Acies Acquisition Corp
Exchange NASDAQ | Headquaters Austin, TX, United States | ||
IPO Launch date 2020-12-15 | Chairwoman, CEO & CFO Ms. Yi Hua | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website | ||
Acri Capital Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to focus its search on the technology-enabled sectors, including e-commerce, financial services, educational technology services, or health information service in North America. The company was incorporated in 2022 and is based in Austin, Texas.
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