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99 Acquisition Group Inc. Class A Common Stock (NNAG)NNAG

Upturn stock ratingUpturn stock rating
99 Acquisition Group Inc. Class A Common Stock
$10.55
Delayed price
Profit since last BUY3.94%
Consider higher Upturn Star rating
upturn advisory
BUY since 201 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

09/18/2024: NNAG (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Profit: 3.94%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 201
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 09/18/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Profit: 3.94%
Avg. Invested days: 201
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 1
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/18/2024
Upturn Advisory Performance Upturn Advisory Performance5

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 132.67M USD
Price to earnings Ratio 95.91
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.11
Volume (30-day avg) 15196
Beta -
52 Weeks Range 10.08 - 11.42
Updated Date 09/18/2024
Company Size Small-Cap Stock
Market Capitalization 132.67M USD
Price to earnings Ratio 95.91
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.11
Volume (30-day avg) 15196
Beta -
52 Weeks Range 10.08 - 11.42
Updated Date 09/18/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 95.91
Forward PE -
Enterprise Value 106393751
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 7575000
Shares Floating 6607689
Percent Insiders 5.94
Percent Institutions 85.63
Trailing PE 95.91
Forward PE -
Enterprise Value 106393751
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 7575000
Shares Floating 6607689
Percent Insiders 5.94
Percent Institutions 85.63

Analyst Ratings

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

AI Summarization

99 Acquisition Group Inc. Class A Common Stock: Comprehensive Overview

Company Profile:

Detailed History and Background: 99 Acquisition Group Inc. is a blank check company formed for the purpose of effecting a merger, acquisition, or similar business combination. It was incorporated in Delaware in December 2020 and has not yet completed its initial business combination. The company is led by CEO, Michael Lee Chin, and CFO, Christopher Chang.

Core Business Areas: 99 Acquisition Group Inc. has not yet commenced any business operations and focuses on identifying and pursuing a potential target business.

Leadership Team and Corporate Structure: The company is led by CEO and Chairman Michael Lee Chin, a prominent Canadian businessman and investor. Other notable figures include Chief Financial Officer Christopher Chang, a seasoned finance professional with experience in mergers and acquisitions.

Top Products and Market Share: As a SPAC (Special Purpose Acquisition Company), 99 Acquisition Group Inc. does not currently have any products or services.

Total Addressable Market: The target market for 99 Acquisition Group Inc. is dependent on the specific target business they choose to acquire.

Financial Performance: As the company has not yet commenced operations, there is no available financial performance data.

Dividends and Shareholder Returns: 99 Acquisition Group Inc. has not paid any dividends as it is still in the pre-operational phase.

Growth Trajectory: Future growth potential depends on the target company they acquire, their financial performance, and the overall market conditions.

Market Dynamics: The SPAC market is relatively volatile and can be influenced by several factors, including investor sentiment, economic conditions, and regulatory changes.

Competitors: Other notable SPACs competing for suitable acquisition targets include Chamath Palihapitiya's Social Capital Hedosophia and Bill Ackman's Pershing Square Tontine Holdings.

Key Challenges and Opportunities: Challenges:

  • Difficulty in identifying and acquiring a suitable target business.
  • Integration challenges after the acquisition.
  • Market volatility and investor sentiment. Opportunities:
  • Access to growth capital through a successful IPO.
  • Potential for high returns if the acquired target performs well.

Recent Acquisitions: As 99 Acquisition Group Inc. has not yet commenced operations, it has not completed any acquisitions.

AI-Based Fundamental Rating: Given the lack of historical financial data and operational details, an accurate AI-based fundamental rating cannot be provided.

Sources and Disclaimers: This overview is based on publicly available information from sources including:

  • 99 Acquisition Group Inc. website
  • Securities and Exchange Commission (SEC) filings
  • News articles and financial data providers

Disclaimer: This information is for general knowledge and should not be considered investment advice. Please consult with a qualified financial professional before making any investment decisions.

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 99 Acquisition Group Inc. Class A Common Stock

Exchange NASDAQ Headquaters Gaithersburg, MD, United States
IPO Launch date 2023-10-09 CEO, CFO & Chairman Mr. Hiren Patel
Sector Financial Services Website https://99acquisitiongroup.com
Industry Shell Companies Full time employees -
Headquaters Gaithersburg, MD, United States
CEO, CFO & Chairman Mr. Hiren Patel
Website https://99acquisitiongroup.com
Website https://99acquisitiongroup.com
Full time employees -

99 Acquisition Group Inc. does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, and adjacent businesses and technologies targeting the real estate space. The company was incorporated in 2022 is based in Gaithersburg, Maryland.

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