Genesis Growth Tech Acquisition Corp

Track all markets on TradingView Extension Payment and Trust Account Boost Genesis Growth Tech Acquisition Corp (GGAAW), a newly-formed special purpose acquisition company, has successfully secured a $2.53 million extension payment from its Sponsor following an extension of the deadline for the completion of its initial business combination. This fund infusion into the Trust Account …

Genesis Growth Tech Acquisition Corp secures $2.53M extension payment from Sponsor amid business combination deadline extension Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp (GGAAW) recently disclosed information on the beneficial ownership of their ordinary shares, indemnification of officers and directors, and transfer restrictions of Founder Shares and Private Placement Warrants as of December 31, 2022. As of the end of last year, GGAAW’s executive officers and directors collectively …

Genesis Growth Tech Acquisition Corp Reports on Share Ownership and Transfer Restrictions Read More »

Track all markets on TradingView Introduction Genesis Growth Tech Acquisition Corp. (GGAAW) is taking concerted steps to address the potential conflicts of interest and establish corporate governance procedures within its operations. By working diligently to implement proper oversight and guidelines, the company is striving to ensure integrity at the highest level of its organization. In …

Genesis Growth Tech Acquisition Corp. Tackles Corporate Governance and Conflicts of Interest Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp (GGAAW) has identified material weaknesses in its internal control over financial reporting as of December 31, 2022. These weaknesses include the lack of segregation of bank accounts, insufficient segregation of duties within accounting processes due to limited personnel, and inadequate written policies and procedures for …

Genesis Growth Tech Acquisition Corp Reveals Weaknesses in Internal Controls Over Financial Reporting Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (GGAAW), a prominent company that specializes in providing investors with access to high-growth technology markets, has announced several significant events in their year-end financial statements. Among these, the company has waived $13.9 million in deferred underwriting commissions. In addition, Genesis Growth Tech Acquisition Corp. has …

Genesis Growth Tech Acquisition Corp. Waives $13.9 Million in Deferred Underwriting Commissions and Expands Business Operations Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (ticker: GGAAW), a Special Purpose Acquisition Company (SPAC), recently released its financial statements for the year ended December 31, 2022. The financial results show a net income of $270,298 for Class A ordinary shares and $67,575 for Class B ordinary shares, demonstrating a positive trend …

Genesis Growth Tech Acquisition Corp. Reports Net Income of $270,298 for Class A Shares in 2022 Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (ticker GGAAW), a special purpose acquisition company, has mutually agreed with Biolog-id, a provider of healthcare traceability solutions, to terminate their Business Combination Agreement (BCA) effective March 6, 2023. Both companies have waived all claims, obligations, liabilities, and losses relating to the BCA and transactions …

Genesis Growth Tech Acquisition Corp. Terminates Merger Agreement with Biolog-id Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (GGAAW), a Cayman Islands exempted company, recently revealed their financial statements for the year ended December 31, 2022, showing a net income of $337,873. However, it also reported an accumulated deficit of $(17,915,547), highlighting the challenges faced by the company during the same period. Formed …

Genesis Growth Tech Acquisition Corp. Reports $337,873 Net Income for 2022 and Accumulated Deficit of $(17,915,547) Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (Ticker: GGAAW), a Special Purpose Acquisition Company (SPAC), in its latest financial report disclosed a net loss of approximately $109,000 for the period from March 17, 2021 (its inception) to December 31, 2021. The loss comprised general and administrative expenses of around $100,000, approximately $10,000 …

Genesis Growth Tech Acquisition Corp. Reports Net Loss of $109,000 for 2021; Holds $257.1 Million in Trust Account Read More »

Track all markets on TradingView Genesis Growth Tech Acquisition Corp. (ticker: GGAAW), a special purpose acquisition company (SPAC), has achieved notable success with their recent Initial Public Offering (IPO) as they continue to search for an attractive target business. The company’s impressive international growth and strategic expansion plans put it in a promising position for …

Genesis Growth Tech Acquisition Corp.’s Strategic Expansion and Success in Initial Public Offering Read More »