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Upturn AI SWOT - About
Iris Acquisition Corp (IRAAU)
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Upturn Advisory Summary
03/27/2025: IRAAU (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 -10.93% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
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) 6 | Beta 0.07 | 52 Weeks Range 2.00 - 14.49 | Updated Date 03/30/2025 |
52 Weeks Range 2.00 - 14.49 | Updated Date 03/30/2025 | ||
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) -49.6% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 18670868 | Price to Sales(TTM) - |
Enterprise Value 18670868 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 238940 |
Shares Outstanding - | Shares Floating 238940 | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Iris Acquisition Corp
Company Overview
History and Background
Iris Acquisition Corp was a blank check company (SPAC) formed to acquire a business. These are formed with no business plan and are a quicker way to take a private company public. Such companies are typically dissolved if an acquisition is not completed in a timely manner.
Core Business Areas
- Special Purpose Acquisition Company (SPAC): Iris Acquisition Corp's sole purpose was to identify and acquire a target business to bring public. It had no revenue-generating operations itself.
Leadership and Structure
As a SPAC, Iris Acquisition Corp had a management team focused on deal origination and execution. The organizational structure was relatively simple, designed to facilitate a potential merger or acquisition.
Top Products and Market Share
Key Offerings
- Acquisition Target Identification: Iris Acquisition Corp's primary 'product' was its ability to identify a private company and facilitate its IPO through a merger. Competitors included other SPACs like Pershing Square Tontine Holdings (PSTH) and Churchill Capital Corp IV (CCIV).
Market Dynamics
Industry Overview
The SPAC market experienced peaks and valleys depending on the appetite for IPOs and the overall market environment. The market can be considered 'hot' or 'cold'.
Positioning
Iris Acquisition Corp competed with other SPACs to attract the attention of promising private companies seeking to go public. SPACs differentiate themselves based on management team experience, industry focus, and the terms they offer potential targets.
Total Addressable Market (TAM)
The TAM for SPACs is theoretically the entire private company market suitable for IPOs. Iris's positioning within this TAM depended on its industry focus (if any) and deal-making capabilities.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (potentially)
- Access to Capital
- Speed to Public Market for Target Company
Weaknesses
- No Existing Operations
- Time Limit to Complete Acquisition
- Dilution to Shareholders After Acquisition
Opportunities
- Growing Private Company Market
- Demand for Alternative IPO Routes
- Favorable Regulatory Environment (potentially)
Threats
- Increased SPAC Competition
- Market Volatility
- Regulatory Changes
- Failure to Find Suitable Target
- Target Acquisition Defaults
Competitors and Market Share
Key Competitors
- Pershing Square Tontine Holdings (PSTH)
- Churchill Capital Corp IV (CCIV)
- Social Capital Hedosophia Holdings Corp V (IPOE)
Competitive Landscape
The SPAC market is highly competitive, with firms vying to attract both investors and target companies. Success depends on deal-making expertise and industry relationships.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth was dependent on successfully identifying and acquiring a target company.
Future Projections: Future projections depended on the success of the acquired company.
Recent Initiatives: Initiatives involved deal sourcing, due diligence, and negotiations with potential target companies.
Summary
Iris Acquisition Corp. was a SPAC that was likely dissolved. Its success depended on its ability to identify and acquire a viable target company. The SPAC market is inherently risky. It's important to know if the SPAC successfully merged and if that brought value to shareholders.
Similar Companies
- PSTH
- CCIV
- IPOE
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and assumptions. The SPAC market is dynamic and subject to change. This is not financial advice.
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 Iris Acquisition Corp
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2021-03-05 | CEO - | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | |
Full time employees - | |||
Iris Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Tribe Capital Growth Corp I and changed its name to Iris Acquisition Corp in July 2022. The company was incorporated in 2020 and is based in George Town, Cayman Islands. Iris Acquisition Corp is a subsidiary of Iris Acquisition Holdings LLC.
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