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GLACR
Upturn stock ratingUpturn stock rating

Global Lights Acquisition Corp Rights (GLACR)

Upturn stock ratingUpturn stock rating
$0.22
Delayed price
Profit since last BUY10%
upturn advisory
Consider higher Upturn Star rating
BUY since 5 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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  • WEEK

Upturn Advisory Summary

04/01/2025: GLACR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Analysis of Past Performance

Type Stock
Historic Profit 10%
Avg. Invested days 5
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

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) 29420
Beta -
52 Weeks Range 0.14 - 0.40
Updated Date 02/26/2025
52 Weeks Range 0.14 - 0.40
Updated Date 02/26/2025
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) -1.54%
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 6243638
Shares Outstanding -
Shares Floating 6243638
Percent Insiders -
Percent Institutions -

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Global Lights Acquisition Corp Rights

stock logo

Company Overview

overview logo History and Background

Global Lights Acquisition Corp. Rights was a special purpose acquisition company (SPAC) that sought to merge with a private company. SPACs have a limited lifespan; Global Lights did not complete a merger and was liquidated.

business area logo Core Business Areas

  • SPAC Formation: The company's sole purpose was to identify and merge with an existing business, taking it public without a traditional IPO.

leadership logo Leadership and Structure

SPACs typically have a management team with experience in private equity or investment banking. The specific leadership details for Global Lights Acquisition Corp. would have been outlined in its SEC filings before it was liquidated.

Top Products and Market Share

overview logo Key Offerings

  • SPAC Rights: Rights attached to the units of the special purpose acquisition company. They gave the holder an option to purchase shares of the post-merger company. Since the company was liquidated they are worthless.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced a boom in 2020-2021, followed by a significant cooling off period due to regulatory scrutiny and poor post-merger performance of many SPACs. This market is very risky.

Positioning

Global Lights was one of many SPACs competing for acquisition targets. It did not successfully complete a deal, rendering its position irrelevant. There are many SPACS with similar structures.

Total Addressable Market (TAM)

The TAM for SPACs is theoretically the entire private market; however, only a small fraction of private companies are suitable for SPAC mergers. Global Lights failed to address this TAM effectively.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team (Assumed)
  • Access to Capital through IPO (Initial)

Weaknesses

  • Dependence on Finding Suitable Target
  • Limited Timeframe for Acquisition
  • Dilution to Existing Shareholders (Post-Merger)

Opportunities

  • Acquire High-Growth Company
  • Generate Significant Returns for Investors (if merger successful)

Threats

  • Inability to Find Suitable Target
  • Market Downturn
  • Increased Regulatory Scrutiny
  • Shareholder Redemption (if merger not desirable to investors)

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

Global Lights competed with hundreds of other SPACs for potential merger targets. Since they were liquidated it did not have any advantage over other SPACs.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: No growth trajectory applicable, as it was a SPAC that failed to complete an acquisition.

Future Projections: No future projections applicable as it has been liquidated

Recent Initiatives: The rights had no real value because no acquisition was completed. Recent initiatives would be searching for a merger partner but ultimately these initiatives failed.

Summary

Global Lights Acquisition Corp. Rights represent a failed SPAC endeavor. The company was unable to identify and complete a merger within its allotted timeframe, resulting in its liquidation. Investors holding these rights likely experienced a complete loss of investment. The SPAC market is inherently risky, and Global Lights serves as a reminder of the potential for failure. Investors should be wary of SPACs as well as their derivatives.

Similar Companies

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Financial News Outlets

Disclaimers:

This analysis is based on publicly available information. The value of SPAC rights can be highly speculative and subject to significant risk. This is not financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Global Lights Acquisition Corp Rights

Exchange NASDAQ
Headquaters -
IPO Launch date 2023-12-04
Chairman, CEO & Secretary Mr. Zhizhuang Miao
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.

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