Finnovate Acquisition (FNVTU) Stock Price, News & Analysis

Company Overview

Finnovate Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on the acquisition of Israel-related companies, including companies focused on payments, insuretech, wealthtech, regtech, digital banking, fintech as a service, banking as a service, cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. Finnovate Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands.

Key Stats

• Today's Range: $11.71 to $11.71
• 50-Day Range: $11.21 to $11.71
• 52-Week Range: $11.55 to $11.71
• Volume: N/A
• Average Volume: 300 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FNVTU Stock Analysis - Frequently Asked Questions

How have FNVTU shares performed this year?

Finnovate Acquisition's stock was trading at $11.00 at the beginning of the year. Since then, FNVTU shares have increased by 6.5% and is now trading at $11.71.
View the best growth stocks for 2024 here.

When did Finnovate Acquisition IPO?

Finnovate Acquisition (FNVTU) raised $150 million in an initial public offering (IPO) on Thursday, November 4th 2021. The company issued 15,000,000 shares at $10.00 per share.

How do I buy shares of Finnovate Acquisition?

Shares of FNVTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Financial Services
• Industry: Shell Companies
• Sub-Industry: Trading
• Current Symbol: NASDAQ:FNVTU
• CUSIP: N/A
• CIK: 1857855
• Web: www.finnovateacquisition.com
• Phone: 347-743-4664
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A