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Ace Global Business Acquisition Ltd. (Hong Kong SAR, China)

Main Activities: All Other Financial Investment Activities
Full name: Ace Global Business Acquisition Ltd. Profile Updated: July 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The Company is a blank check company, incorporated as a business company with limited liability for the purpose of effecting into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
The Company's entire activity from inception up to December 31, 2022 was in preparation for the initial public offering. Since the initial public offering, the Company's activities have been limited to the evaluation of business combination candidates. The Company has selected December 31 as its fiscal year end.
HISTORY
2020 The Company was incorporated on November 2, 2020 as a British Virgin Islands.
2021 Its units, ordinary shares and warrants are traded on Nasdaq under the symbols “ACBAU”, “ACBA” and “ACBAW”, respectively.

Headquarters
Rm. 806, 8/F, Tower 2, Lippo Centre, No. 89, Queensway, Admiralty
Hong Kong; Hong Kong;

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2020
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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36.13%
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13.06%
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10.45%
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10.03%
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8.64%
Company Performance
Financial values in the chart are available after Ace Global Business Acquisition Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-74.37%
Net Profit (Loss) for the Period
N/A
Total assets
-52.32%
Total equity
-68.91%
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-5.91%
Quick Ratio
-0.03%
Cash Ratio
-0.03%

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