Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 464.6K |
Gross Profit | -464.6K |
Operating Expense | 464.6K |
Operating I/L | -464.6K |
Other Income/Expense | 1,598.6K |
Interest Income | 1,697.3K |
Pretax | 1,134.0K |
Income Tax Expense | 325.2K |
Net Income/Loss | 808.8K |
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.