(Nasdaq: MAAC), today announced that they have entered into a definitive business combination agreement. Alternatively, email editorial-team (at) . Roivant Sciences, a biopharmaceutical and healthcare technology company, and Montes Archimedes Acquisition Corp. Have feedback on this article? Concerned about the content? Get in touch with us directly.
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This may not be consistent with full year annual report figures. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated.
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So take a peek at this free free list of interesting companies. Of course this may not be the best stock to buy. Every company has them, and we've spotted 1 warning sign for Montes Archimedes Acquisition you should know about. Montes Archimedes Acquisition is a smaller company with a market capitalization of US480m, so it may still be flying under the radar of many institutional investors. But to understand Montes Archimedes Acquisition better, we need to consider many other factors. It's always worth thinking about the different groups who own shares in a company. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. With a 43% ownership, the general public have some degree of sway over Montes Archimedes Acquisition. It might be worth checking if those insiders have been buying recently. It is great to see insiders so invested in the business. Insiders own US$100m worth of shares in the US$500m company. It seems insiders own a significant proportion of Montes Archimedes Acquisition Corp. However, on some occasions too much power is concentrated within this group. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Insider Ownership Of Montes Archimedes Acquisition Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Our management team has extensive experience in identifying and executing strategic investments predominantly focused on European medium-sized companies and has done so successfully in a number of sectors, including Industrial Manufacturing, Healthcare & Services, Consumer and Technology.Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 18 shareholders, meaning that no single shareholder has a majority interest in the ownership. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business or businesses that can benefit from our management team’s established global relationships and operating experience. Our efforts to identify a potential initial business combination target will not be limited to a specific industry, sector or geographic region.
We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target. We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.