What Happened to 99 Acquisition Group?
Return
0.0%
Current Price
â
Peak Price
â
Trust Size
$79M
Summary
99 Acquisition Group Inc. filed its S-1 registration in 2023. The company continues to trade at significantly depressed levels with 54 SEC filings on record.
What Happened
99 Acquisition Group Inc. entered the SPAC market in 2023 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
SEC records show 54 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
As of the latest available data, the company continues to file with the SEC but filing activity has slowed significantly â fitting the pattern of a "zombie SPAC" that technically exists but has failed to deliver meaningful returns to shareholders.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2023-05-15
S-1 Registration Filed
2025-02-13
Last SEC Filing