Atlantic Avenue Acquisition Corp [ASAQ]

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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.