Atlantic Coastal Acquisition Corp
A family of blank-check companies — SPACs — formed to raise money on the stock market and later take a private business public. Incorporated in Delaware and based in New York, this vehicle started out hunting in the 'next-generation mobility' sector but instead merged with Abpro, a biotechnology firm developing next-generation antibody therapies; the combined company now trades as Abpro Holdings. SPACs often pick neutral, geography-flavored names like this one to stay flexible before a deal is found.
Class A Common Stock — Liquidated in August 2023