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SWIFTMERGE ACQUISITION Stock Price, News & Analysis

IVCP NASDAQ

Company Description

Swiftmerge Acquisition Corp. (IVCP) is a NASDAQ-listed special purpose acquisition company (SPAC) that successfully raised $200 million in its initial public offering (IPO) on December 14th, 2021. This blank check company aims to identify and merge with consumer-focused businesses that leverage technology and the internet to transform consumer interactions with the market.

Swiftmerge's strategy is to seek out innovative firms within the consumer sector that are revolutionizing their respective industries through digital transformation. The company's primary goal is to partner with businesses that are not only advancing technologically but also delivering value to consumers and shareholders alike.

As a SPAC, Swiftmerge does not have significant operations of its own. Instead, it focuses on identifying promising merger candidates that align with its strategic vision. The team behind Swiftmerge brings extensive experience in investment, business development, and technological innovation, ensuring that any potential merger will be thoroughly vetted and strategically sound.

Recent Achievements

  • Successful IPO raising $200 million.
  • Strategic focus on high-growth consumer companies utilizing cutting-edge technology.

Current Projects and Partnerships

Swiftmerge is actively scouting for potential merger targets that fit its investment criteria. While specific projects and partnerships are confidential until agreements are finalized, the company is dedicated to finding opportunities that offer substantial growth potential and market disruption through technological advancements.

For investors and stakeholders, Swiftmerge represents a unique opportunity to capitalize on the rapid evolution of consumer markets driven by technological innovation. Through its strategic mergers, Swiftmerge aims to create shareholder value and drive market leadership in the consumer technology space.

Stock Performance

$—
0.00%
0.00
Last updated:
-1.87 %
Performance 1 year
$73.9M
Market Cap
6.8M
Shares outstanding

SEC Filings

No SEC filings available for SWIFTMERGE ACQUISITION.

Financial Highlights

-$77,178
Net Income (TTM)
-$288,113
Operating Cash Flow
0.01
Current Ratio
-$256,436
Operating Income
Revenue (TTM)
Diluted EPS (TTM)

Upcoming Events

Frequently Asked Questions

What is the market cap of SWIFTMERGE ACQUISITION (IVCP)?

The market cap of SWIFTMERGE ACQUISITION (IVCP) is approximately 73.9M.

What is the net income of SWIFTMERGE ACQUISITION (IVCP)?

The trailing twelve months (TTM) net income of SWIFTMERGE ACQUISITION (IVCP) is -$77,178.

What is the operating cash flow of SWIFTMERGE ACQUISITION (IVCP)?

The operating cash flow of SWIFTMERGE ACQUISITION (IVCP) is -$288,113.

What is the current ratio of SWIFTMERGE ACQUISITION (IVCP)?

The current ratio of SWIFTMERGE ACQUISITION (IVCP) is 0.01, indicating the company's ability to pay short-term obligations.

What is the operating income of SWIFTMERGE ACQUISITION (IVCP)?

The operating income of SWIFTMERGE ACQUISITION (IVCP) is -$256,436.

What is Swiftmerge Acquisition Corp.?

Swiftmerge Acquisition Corp. is a NASDAQ-listed special purpose acquisition company (SPAC) focused on merging with consumer companies leveraging technology for market interaction.

When was Swiftmerge's IPO?

Swiftmerge's IPO was on December 14th, 2021, raising $200 million.

What is the primary goal of Swiftmerge?

The primary goal of Swiftmerge is to merge with consumer-focused businesses that are using technology and the internet to transform market interactions.

What does Swiftmerge Acquisition Corp. do?

Swiftmerge Acquisition Corp. is a blank check company that seeks to identify and merge with promising consumer companies leveraging technological advancements.

How does Swiftmerge create shareholder value?

Swiftmerge aims to create shareholder value by merging with high-growth consumer companies that are innovating through technology, driving market leadership and delivering value.

What type of companies is Swiftmerge interested in merging with?

Swiftmerge is interested in merging with consumer companies that utilize technology and the internet to revolutionize the way consumers interact with the market.

What are the recent achievements of Swiftmerge?

Recent achievements include a successful IPO raising $200 million and a strategic focus on identifying high-growth consumer technology companies.

What are the current projects of Swiftmerge?

Swiftmerge is actively scouting for potential merger targets that align with its investment criteria, focusing on opportunities with significant growth potential through technological advancements.

What is the significance of Swiftmerge's strategy?

The significance of Swiftmerge's strategy lies in its focus on consumer technology companies that are poised to disrupt markets and deliver substantial growth and value.

Who benefits from Swiftmerge's operations?

Investors and stakeholders benefit from Swiftmerge's operations through potential mergers that drive market innovation and create shareholder value in the evolving consumer technology sector.