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Global Lights Acquisition Corp (OQ:GLAC)

Business Focus: Shell Companies

INK Edge Outlook

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEC Form 4 filings for GLAC*US within the last 6 months
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Company News

Oct 28, 2019 09:40 ET
Greenland Technologies Holding Corporation Completes Its Move to a New Manufacturing Facility
NEW YORK, Oct. 28, 2019 /PRNewswire/ -- Greenland Technologies Holding Corporation, formerly known as Greenland Acquisition Corporation (the "Company" or "Greenland") (Nasdaq: GLAC) announces that its operating subsidiary in China, Zhejiang Zhongchai Machinery ("Zhongchai") has recently completed moving out of its leased facility and into a newly-constructed modern manufacturing facility in Shaoxing, China.  This new facility is owned by Zhongchai and boasts an annual production capacity of 200,000 sets of transmission systems, as compared to 80,000 sets in the previous facility, a 150% incr
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Oct 24, 2019 19:15 ET
Greenland Acquisition Corporation and Zhongchai Holding (Hong Kong) Limited Announce Closing of Business Combination
NEW YORK, Oct. 24, 2019 /PRNewswire/ -- Greenland Acquisition Corporation (the "Company" or "Greenland") (Nasdaq: GLAC) and Zhongchai Holding (Hong Kong) Limited ("Zhongchai Holding") today jointly announced the closing of the previously-announced business combination (the "Business Combination") pursuant to which Zhongchai Holding became a wholly-owned subsidiary of the Company and the former shareholder of Zhongchai Holding acquired 7,500,000 ordinary shares of the Company ("Ordinary Shares"). The transaction was approved at a special meeting of the Company's shareholders in lieu of an ann
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
2.19
3.63
Price to Book - most recent quarter
--
2.34
1.32
Price to Cash Flow per share - TTM
--
22.71
13.19
Price to Free Cash Flow per share - TTM
--
14.56
15.79
See all valuations

Business Summary

Sector:  Financials Industry:  Holding Companies

Global Lights Acquisition Corp is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or mire businesses.

See business summary

 

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