Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 30.0K |
Gross Profit | -30.0K |
Operating Expense | 3,476.5K |
Operating I/L | -3,424.9K |
Other Income/Expense | 1,324.8K |
Interest Income | 1,376.4K |
Pretax | -2,100.1K |
Income Tax Expense | 278.2K |
Net Income/Loss | -2,378.3K |
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.