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Relativity Acquisition Corp (RACY)

Upturn stock ratingUpturn stock rating
Relativity Acquisition Corp
$12.28
Delayed price
PASS
upturn advisory
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

06/12/2024: RACY (1-star) is currently NOT-A-BUY. Pass it for now.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: PASS
Historic Profit: -0.79%
Upturn Advisory Performance Upturn Advisory Performance3
Avg. Invested days: 44
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 1
Last Close 06/12/2024
Type: Stock
Today’s Advisory: PASS
Historic Profit: -0.79%
Avg. Invested days: 44
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 06/12/2024
Upturn Advisory Performance Upturn Advisory Performance3

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 54.04M USD
Price to earnings Ratio 43.86
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.28
Volume (30-day avg) -
Beta -0.29
52 Weeks Range 12.28 - 12.28
Updated Date 07/21/2024
Company Size Small-Cap Stock
Market Capitalization 54.04M USD
Price to earnings Ratio 43.86
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.28
Volume (30-day avg) -
Beta -0.29
52 Weeks Range 12.28 - 12.28
Updated Date 07/21/2024

Earnings Date

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

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1.95%
Return on Equity (TTM) 42.64%

Valuation

Trailing PE 43.86
Forward PE -
Enterprise Value 54015824
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -23.12
Shares Outstanding 4400790
Shares Floating 1900131
Percent Insiders 71.67
Percent Institutions 9.79
Trailing PE 43.86
Forward PE -
Enterprise Value 54015824
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -23.12
Shares Outstanding 4400790
Shares Floating 1900131
Percent Insiders 71.67
Percent Institutions 9.79

Analyst Ratings

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

AI Summarization

Relativity Acquisition Corp.: A Comprehensive Overview

Company Profile:

Detailed History and Background:

Relativity Acquisition Corp. (NYSE: RACY) is a special purpose acquisition company (SPAC) formed in October 2020. SPACs are shell companies that raise capital through an initial public offering (IPO) with the intent of merging with a private company, taking it public without the traditional IPO process.

Core Business Areas:

Relativity Acquisition Corp. is currently searching for a suitable private company to merge with. The SPAC's stated focus is on identifying and acquiring businesses in the technology, media, and telecommunications (TMT) sectors.

Leadership Team and Corporate Structure:

The company's leadership team includes:

  • Peter Cuneo: Chairman and Chief Executive Officer
  • David Goelzer: Chief Financial Officer
  • Daniel Slonim: Chief Legal Officer

The board of directors consists of experienced professionals with expertise in the TMT sectors and public company governance.

Top Products and Market Share:

As a SPAC, Relativity Acquisition Corp. does not currently have any products or services of its own. Once the company merges with a private company, the combined entity's products and market share will be relevant to consider.

Total Addressable Market:

The TMT sector is vast and encompasses a wide range of industries and products. The global TMT market size is estimated to be over $5 trillion, with the US market representing a significant portion of this.

Financial Performance:

Given that Relativity Acquisition Corp. is a pre-merger company, it has no operating history or financial performance to analyze.

Dividends and Shareholder Returns:

As a pre-merger company, Relativity Acquisition Corp. does not pay dividends. Shareholder returns will depend on the performance of the post-merger entity.

Growth Trajectory:

The company's future growth will depend on the success of its merger and the performance of the acquired company.

Market Dynamics:

The TMT sector is highly competitive and dynamic, characterized by rapid technological advancements, changing consumer preferences, and evolving regulatory landscapes.

Competitors:

Relativity Acquisition Corp. competes with other SPACs seeking acquisitions in the TMT sector. Key competitors include:

  • Tuscan Holdings Corp. (NASDAQ: TUSK)
  • dMY Technology Group, Inc. (NYSE: DMYD)
  • Social Capital Hedosophia Holdings VI (NYSE: IPOF)

Potential Challenges and Opportunities:

Challenges:

  • Identifying and acquiring a suitable target company
  • Successfully integrating the acquired company
  • Managing the high cost of the acquisition
  • Competing with other SPACs

Opportunities:

  • Accessing the public markets and raising capital
  • Potentially accelerating the growth of the acquired company
  • Leveraging the SPAC's expertise and network

AI-Based Fundamental Rating:

Without an operating history or financial performance, it is difficult to provide an accurate AI-based rating. However, considering the experience of the management team and the attractiveness of the TMT sector, a preliminary rating of 6 out of 10 could be assigned.

Sources and Disclaimers:

Sources:

  • Relativity Acquisition Corp. Investor Relations website
  • SEC filings
  • TMT industry reports
  • Market research reports

Disclaimers:

This information is not intended as investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.

Conclusion:

Relativity Acquisition Corp. is a SPAC with the potential to unlock value by merging with a promising company in the TMT sector. However, the company's future success will depend on its ability to identify and close a suitable acquisition, integrate the acquired company successfully, and navigate the challenges of the competitive TMT landscape.

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 Relativity Acquisition Corp

Exchange NASDAQ Headquaters Las Vegas, NV, United States
IPO Launch date 2022-04-04 Chairman & CEO Mr. Tarek Khalil Tabsh
Sector Financial Services Website https://www.relativityacquisitions.com
Industry Shell Companies Full time employees -
Headquaters Las Vegas, NV, United States
Chairman & CEO Mr. Tarek Khalil Tabsh
Website https://www.relativityacquisitions.com
Website https://www.relativityacquisitions.com
Full time employees -

Relativity Acquisition Corp. does not have significant operations. It focuses on effecting a capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. Relativity Acquisition Corp. was incorporated in 2021 and is based in Las Vegas, Nevada. Relativity Acquisition Corp. operates as a subsidiary of Relativity Acquisition Sponsor LLC.

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