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C5 Acquisition Corp (N:CXAC)

Business Focus: Shell Companies

Sector:  Financials Industry:  Holding Companies
 
Company Contact
Address: 1701 Pennsylvania Ave, N.W., Ste 430
WASHINGTON DC 20006
Tel: N/A
Website: https://c5acquisitions.com
IR: See website
Key People
Robert Meyerson
Chief Executive Officer, Director
David C. Glickman
Chief Business Development Officer and Chief Financial Officer
 
Business Overview
C5 Acquisition Corporation is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination. The Company intend to focus its search on space, cybersecurity and energy transition sectors. The Company has not commenced any operations nor generated any revenue.
Financial Overview
For the three months ended 31 March 2023, C5 Acquisition Corp revenues was not reported. Net income totaled $1.9M vs. loss of $455K. Net income reflects Interest Income - Non Bank increase from $47K to $3.2M (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.01 to $0.05.