Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 946.3K |
Gross Profit | -946.3K |
Operating Expense | 332.9K |
Operating I/L | -332.9K |
Other Income/Expense | 2,119.8K |
Interest Income | 1,957.6K |
Pretax | 1,786.9K |
Income Tax Expense | 434.7K |
Net Income/Loss | 1,352.2K |
New Providence Acquisition Corp. II is a blank check company that generates revenue by raising capital through an initial public offering (IPO) and then using the funds to acquire or merge with an existing company. As a blank check company, its business model revolves around identifying and investing in potential target businesses with the goal of creating value for its shareholders through strategic acquisitions or mergers.