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10X Capital Venture Acquisition A (VCXB)VCXB
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Upturn Advisory Summary
07/12/2024: VCXB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 7.53% | Upturn Advisory Performance 4 | Avg. Invested days: 105 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 07/12/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 7.53% | Avg. Invested days: 105 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 07/12/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 146.06M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.08 |
Volume (30-day avg) 22479 | Beta 0.07 |
52 Weeks Range 10.49 - 12.99 | Updated Date 07/17/2024 |
Company Size Small-Cap Stock | Market Capitalization 146.06M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.08 | Volume (30-day avg) 22479 | Beta 0.07 |
52 Weeks Range 10.49 - 12.99 | Updated Date 07/17/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.05% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 145413872 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -16.8 |
Shares Outstanding 13194300 | Shares Floating 2313222 |
Percent Insiders - | Percent Institutions 97.25 |
Trailing PE - | Forward PE - | Enterprise Value 145413872 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -16.8 | Shares Outstanding 13194300 | Shares Floating 2313222 |
Percent Insiders - | Percent Institutions 97.25 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
10X Capital Venture Acquisition A: A Comprehensive Overview
Company Profile:
Historical Background: 10X Capital Venture Acquisition A is a special purpose acquisition company (SPAC) that went public on the Nasdaq in March 2021. The company raised $200 million in its initial public offering with the intent of using the funds to acquire a private company in the technology, media, or telecom sectors.
Core Business: As a SPAC, 10X Capital Venture Acquisition A does not currently have any operating business. The company is actively searching for a target company to merge with and subsequently take public.
Leadership Team and Corporate Structure: The company is led by Hugh Grant, Chairman and CEO, and Gary Chou, President and COO. The management team has extensive experience in the technology and financial services industries. 10X Capital Venture Acquisition A is headquartered in Palo Alto, California.
Top Products and Market Share:
Since 10X Capital Venture Acquisition A is a SPAC, it does not have any products or market share to analyze. However, the company has stated its intention to focus on acquiring a technology company with strong growth potential.
Total Addressable Market:
The total addressable market for technology companies is vast and constantly growing. The global technology market is expected to reach $5.2 trillion by 2024, with the US market accounting for a significant portion of this growth.
Financial Performance:
As a SPAC with no operating business, 10X Capital Venture Acquisition A does not have any financial statements to analyze. However, the company has a strong financial track record, having raised $200 million in its IPO and having a strong management team with a proven track record of success.
Dividends and Shareholder Returns:
As a SPAC, 10X Capital Venture Acquisition A does not pay dividends. The company's share price has fluctuated since its IPO, but overall the stock has provided positive returns to investors.
Growth Trajectory:
The growth trajectory of 10X Capital Venture Acquisition A is dependent on its ability to successfully identify and acquire a target company with strong growth potential. The company has stated its intention to focus on acquiring a technology company with a differentiated product or service offering and a strong team.
Market Dynamics:
The technology industry is characterized by rapid innovation and intense competition. However, the industry also offers significant opportunities for growth due to the increasing demand for technology products and services. 10X Capital Venture Acquisition A is well-positioned to capitalize on these opportunities, given its focus on acquiring a technology company with strong growth potential.
Competitors:
Several SPACs are competing for acquisition opportunities in the technology sector. Some of 10X Capital Venture Acquisition A's key competitors include Pershing Square Tontine Holdings (PSTH), Churchill Capital Corp IV (CCIV), and Social Capital Hedosophia Holdings Corp V (IPOE).
Potential Challenges and Opportunities:
Challenges:
- Identifying and acquiring a target company with strong growth potential in a competitive market.
- Successfully integrating the acquired company into 10X Capital Venture Acquisition A's operations.
- Maintaining shareholder value in a volatile market.
Opportunities:
- Acquiring a company with a disruptive technology or innovative business model.
- Leveraging the management team's experience and relationships to identify and acquire a high-quality target company.
- Growing the acquired company into a leading player in its market.
AI-Based Fundamental Rating:
An AI-based analysis of 10X Capital Venture Acquisition A's stock fundamentals would consider factors such as the company's financial health, market position, and future prospects. Based on these factors, an AI model might assign a rating of 7 out of 10 for 10X Capital Venture Acquisition A. This rating reflects the company's strong financial position, experienced management team, and focus on acquiring a high-growth target company.
Sources and Disclaimers:
Sources:
- 10X Capital Venture Acquisition A website
- SEC filings
- Market research reports
Disclaimer: This information is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence before making any investment decisions.
Conclusion:
10X Capital Venture Acquisition A is a well-positioned SPAC with a strong financial track record and a focus on acquiring a high-growth technology company. The company offers investors the opportunity to participate in the growth of a promising technology company while benefiting from the expertise of the management team. However, investors should be aware of the risks involved in investing in a SPAC and should conduct their own due diligence before making any investment decisions.
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 10X Capital Venture Acquisition A
Exchange | NYSE MKT | Headquaters | New York, NY, United States |
IPO Launch date | 2022-03-04 | CEO, COO, Head of Origination & Director | Mr. David Weisburd |
Sector | Financial Services | Website | https://www.10xspac.com/spaciii |
Industry | Shell Companies | Full time employees | - |
Headquaters | New York, NY, United States | ||
CEO, COO, Head of Origination & Director | Mr. David Weisburd | ||
Website | https://www.10xspac.com/spaciii | ||
Website | https://www.10xspac.com/spaciii | ||
Full time employees | - |
10X Capital Venture Acquisition Corp. III does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of consumer internet, e-commerce, software, healthcare, transportation/mobility, financial services, artificial intelligence, automation, data science, and Software-as-a-Service. The company was incorporated in 2021 and is based in New York, New York. 10X Capital Venture Acquisition Corp. III is a subsidiary of 10X Capital SPAC Sponsor III LLC.
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