Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 30.0K |
Gross Profit | -30.0K |
Operating Expense | 1,015.7K |
Operating I/L | -1,015.7K |
Other Income/Expense | 198.0K |
Interest Income | 198.0K |
Pretax | -817.7K |
Income Tax Expense | 41.0K |
Net Income/Loss | -858.7K |
ExcelFin Acquisition Corp. is a blank check company with no significant operations. The company's primary objective is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), ExcelFin Acquisition Corp. generates revenue through the process of identifying and merging with a target company, allowing the combined entity to go public without following the traditional initial public offering (IPO) process.