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. Its focus includes construction, homebuilding, real estate owners and operators, financing arrangers, insurance, and real estate technology companies. The company generates revenue through the process of identifying, acquiring, and merging with businesses in the real estate sector, providing them with access to public capital markets and facilitating their growth and expansion.