Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 0.0K |
Gross Profit | 0.0K |
Operating Expense | 1,520.6K |
Operating I/L | -1,520.6K |
Other Income/Expense | 2,145.2K |
Interest Income | 2,145.2K |
Pretax | 624.5K |
Income Tax Expense | -2,145.2K |
Net Income/Loss | 2,769.7K |
Genesis Growth Tech Acquisition Corp. is a special purpose acquisition company (SPAC) that focuses on identifying technology companies within the consumer internet industry in Europe, Israel, the United Arab Emirates, or the United States. The company aims to facilitate mergers, share exchanges, asset acquisitions, or similar business combinations with these identified entities. Through these transactions, Genesis Growth Tech Acquisition Corp. generates revenue by participating in the financial arrangements and potential growth of the merged or acquired businesses.