Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 0.0K |
Gross Profit | 0.0K |
Operating Expense | 685.8K |
Operating I/L | 2,148.3K |
Other Income/Expense | -2,963.3K |
Interest Income | -1.9K |
Pretax | -815.0K |
Income Tax Expense | -375.0K |
Net Income/Loss | -485.1K |
Alset Capital Acquisition Corp. is a special purpose acquisition company (SPAC) that seeks to merge with or acquire businesses in the real estate industry. The company aims to identify opportunities in construction, homebuilding, real estate financing, insurance, and related technologies. By facilitating mergers, stock exchanges, or asset acquisitions, Alset Capital Acquisition Corp. generates revenue through the successful combination of businesses within the real estate sector.