ACAHU
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.
UNITUnderlying: ACAHCUSIP: 048453203FinancialsUS2 holders
Units consisting of one Class A common share and one-third of one redeemable warrant — Liquidated in 2024 after failing to complete business combination
Total Value
$27.04M
Total Shares
2.74M
Net Share Change
0
Activity
No changes
Investor
Value
Shares
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