Infinite Acquisition Corp

Infinite Acquisition Corp. operates as a blank check company. The firm was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated on March 29, 2021 ad is headquartered in New York, NY.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Infinite Acquisition Corp. operates as a blank check company. The firm was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded on March 29, 2021 and is headquartered in New York, NY.

NEW YORK , Oct. 23, 2023 /PRNewswire/ -- Infinite Acquisition Corp. (the "Company") (NYSE: NFNT), a special purpose acquisition company, today announced that its board of directors has determined to redeem all of its issued and outstanding Class A ordinary shares, par value $0.0001 (the "Shares"), effective as of November 6, 2023, because the Company will not consummate an initial business combination within the time required by its Amended and Restated Memorandum and Articles of Association (the "Articles"), as extended in connection with the Company's extraordinary general meeting of shareholders held on August 22, 2023 (the "Extension Meeting"). The redemption of the Shares is expected to be completed on or around November 6, 2023, or ten business days following the Company's extension deadline on October 23, 2023.

Infinite Acquisition Corp. will redeem its Class A Ordinary Shares and will not consummate an initial business combination

News for Infinite Acquisition Corp Stock (NFNT)