What Happened to ExcelFin Acquisition?
Return
0.0%
Current Price
â
Peak Price
â
Trust Size
$18M
Summary
ExcelFin Acquisition Corp. filed its S-1 registration in 2021 and completed its business combination in 2024. The company continues to trade at significantly depressed levels with 124 SEC filings on record.
What Happened
ExcelFin Acquisition Corp. entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2024.
SEC records show 124 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.
Timeline
2021-10-15
S-1 Registration Filed
2024-09-05
Merger Proxy Filed (DEFM14A)
2024-10-11
Last SEC Filing