ShoulderUp Technology Acquisition Corp. logo

ShoulderUp Technology Acquisition Corp. (SUAC)

Market Closed
3 Jun, 13:30
OTC PINK OTC PINK
$
3. 08
-0.73
-19.1601%
$
33.75M Market Cap
55.88 P/E Ratio
- Div Yield
425,443 Volume
0 Eps
$ 3.81
Previous Close
Add Transaction
Day Range
2.8 3.54
Year Range
0.14 20
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Summary

SUAC closed Wednesday lower at $3.08, a decrease of -19.1601% from Tuesday's close, completing a monthly decrease of -12.5% or -$0.44. Over the past 12 months, SUAC stock gained 556.7164%.
SUAC is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

SUAC Chart

ShoulderUp Technology Acquisition Corp. (SUAC) FAQ

What is the stock price today?

The current price is $3.08.

On which exchange is it traded?

ShoulderUp Technology Acquisition Corp. is listed on OTC PINK.

What is its stock symbol?

The ticker symbol is SUAC.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 33.75M.

Has ShoulderUp Technology Acquisition Corp. ever had a stock split?

No, there has never been a stock split.

ShoulderUp Technology Acquisition Corp. Profile

Trading Companies & Distributors Industry
Industrials Sector
Phyllis W. Newhouse CEO
OTC PINK Exchange
82537G104 CUSIP
US Country
68 Employees
- Last Dividend
- Last Split
10 Jan 2022 IPO Date

Overview

ShoulderUp Technology Acquisition Corp. is a company based in Kennesaw, Georgia, established in 2021. Although it does not engage in significant operations of its own, it is focused on a specific business model. The primary goal of ShoulderUp Technology Acquisition Corp. is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or a similar business combination with one or more existing businesses. This strategic focus positions the company as a facilitator of significant business transactions, aiming to leverage opportunities within the technology sector to grow and support innovative ventures.

Products and Services

Given its operational strategy, ShoulderUp Technology Acquisition Corp. does not offer traditional products or services. Instead, its offerings can be understood in terms of the strategic transactions it seeks to facilitate:

  • Merger Facilitation: The company specializes in acting as an intermediary in facilitating mergers between existing companies. This involves identifying potential merger candidates, negotiating terms, and managing the legal and financial aspects of merging two or more business entities.
  • Capital Stock Exchange: ShoulderUp Technology Acquisition Corp. also focuses on capital stock exchanges, helping companies reorganize their ownership structure through the exchange of stock. This service is crucial for businesses looking to consolidate or expand their ownership bases without the need for a direct financial transaction.
  • Asset Acquisition Support: Another area of expertise is in assisting with asset acquisitions, where the company identifies valuable assets for acquisition and facilitates the purchase on behalf of another business. This typically involves negotiation, due diligence, and the management of financial transactions.
  • Stock Purchase Agreements: The company is involved in orchestrating stock purchase transactions, whereby it facilitates the buying and selling of company stock between entities. This is often related to acquiring controlling stakes in companies or securing additional capital for expansion.
  • Reorganization Services: As businesses grow or face challenges, reorganization might be necessary. ShoulderUp Technology Acquisition Corp. advises on and manages reorganization processes to improve efficiency, profitability, or operational structure, ensuring the long-term success of the business.
  • Business Combination Consulting: Lastly, the company offers consulting services related to various business combinations. This encompasses a range of activities from identifying suitable business combination partners to executing the combination process effectively, thereby enabling companies to achieve synergies and enhanced market presence.

Contact Information

Address: 125 Townpark Drive
Phone: 970-924-0446