Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Patria Latin Amrcn Opprtnty Acqstn Crp (OQ:PLAO)

Business Focus: Shell Companies

Sector:  Financials Industry:  Holding Companies
 
Company Contact
Address: 18 Forum Lane, 3rd floor,, Camana Bay,
PO Box 757
GRAND CAYMAN NY KY1-9006
Tel: 1-345-6404900
Website: https://www.patrialatamgrowth.com
IR: See website
Key People
Ricardo Leonel Scavazza
Chairman of the Board
Jose Augusto Goncalves de Araujo Teixeira
Chief Executive Officer
Ana Cristina Russo
Chief Financial Officer
Business Overview
Patria Latin American Opportunity Acquisition Corp. is a blank check company. The Company is created for the purpose of effecting a merger, share exchange, asset acquisition, share 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, engaged in any substantive discussions directly or indirectly, with any business combination target with respect to an initial business combination. The Company focuses on sectors, including healthcare, food and beverage, logistics, agribusiness, education and financial services. The Company has no operations and has no revenues.
Financial Overview
For the nine months ended 30 September 2023, Patria Latin Amrcn Opprtnty Acqstn Crp revenues was not reported. Net income increased 47% to $7.5M. Net income benefited from Unrealized loss on investments held in T increase from $1.4M to $7.6M (income), Transaction costs allocation to derivati decrease from $315K (expense) to $0K. Basic Earnings per Share excluding Extraordinary Items increased from $0.12 to $0.28.