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10.00

10.00 (0.02%)

As of Sep 06, 2022

Atlantic Avenue Acquisition Corp [ASAQ]

Source: 

Company Overview

We are a recently incorporated blank check company incorporated on July 27, 2020 as a Delaware corporation formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses (the business combination). We have reviewed, and continue to review, a number of opportunities to enter into a business combination with an operating business, but we are not able to determine at this time whether we will complete a business combination with any of the target businesses that we have reviewed or with any other target business. We also have neither engaged in any operations nor generated any revenue to date. Based on our business activities, we are a shell company as defined under the Exchange Act of 1934 (the Exchange Act) because we have no operations and nominal assets consisting almost entirely of cash.

CountryUnited States
Headquartersstamfordconnecticut
Phone Number203-989-9700
Industry
CEOAshok Nayyar
Websiteasaqspac.com
Financial Year:

Financial Overview (Dollars in Millions)

Revenue 
Operating Profit $-0.2
Net Income $2.6
Net Cash $0

Profit Ratios

Gross Margin
Operating Margin
Profit as % of Revenues
Profit as % of Assets1%
Profit as % of Stockholder Equity-91.1%

Management Effectiveness

Return on Equity0.4%
Return on Assets-0%
Turnover Ratio
EBITA

Balance Sheet and Cash Flow Measures

Total Assets $251
Total Liabilities $3.9
Operating Cash Flow  $0
Investing Cash Flow 
Financing Cash Flow 
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