Broad Capital Acquisition Corp
BRAC

$11.47

0.17%

Market Cap: 54M

About: Broad Capital Acquisition Corp is a blank check company.

Employees: 2

Financials Blank Checks

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

1.15% less ownership

Funds ownership: 53.13% [Q4 2023] → 51.97% (-1.15%) [Q1 2024]

50% less funds holding

Funds holding: 14 [Q4 2023] → 7 (-7) [Q1 2024]

61% less capital invested

Capital invested by funds: $44.4M [Q4 2023] → $17.5M (-$26.9M) [Q1 2024]

75% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 4

88% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for BRAC.

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Financial journalist opinion

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to August 13, 2024

Dallas, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on July 12, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to August 13, 2024 (the “Monthly Extension”). The Monthly Extension is the seventh of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to August 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to July 13, 2024

Dallas, Texas, June 18, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on June 12, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to July 13, 2024 (the “Monthly Extension”). The Monthly Extension is the sixth of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to July 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to June 13, 2024

Dallas, Texas, May 20, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on May 10, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to June 13, 2024 (the “Monthly Extension”). The Monthly Extension is the fifth of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to June 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to May 13, 2024

Dallas, Texas, April 17, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on April 11, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to May 13, 2024 (the “Monthly Extension”). The Monthly Extension is the fourth of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to May 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to April 13, 2024

Dallas, Texas, March 15, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on March 11, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to April 13, 2024 (the “Monthly Extension”). The Monthly Extension is the third of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to April 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to March 13, 2024

Dallas, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on February 12, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to March 13, 2024 (the “Monthly Extension”). The Monthly Extension is the second of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to March 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to February 13, 2024

Dallas, Texas, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on January 11, 2024 it caused to be deposited $60,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.035 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to February 13, 2024 (the “Monthly Extension”). The Monthly Extension is the first of the twelve monthly extensions permitted under the Company's Amended and Restated Certificate of Incorporation, as amended to date.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to February 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to January 13, 2024

Dallas, Texas, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on December 12, 2023 it caused to be deposited $150,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.0332 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to January 13, 2024 (the “Monthly Extension”). The Monthly Extension is the twelfth of the twelve monthly extensions permitted under the Company's governing documents.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to January 13, 2024

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to December 13, 2023

Dallas, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp. (the “Company”) (NASDAQ: BRAC, BRACR, BRACU), a special purpose acquisition company formed by Broad Capital LLC, today announced that on November 10, 2023 it caused to be deposited $150,000 (the “Extension Payment”) into the Company's trust account for its public stockholders, representing $0.0332 per public share, allowing the Company to extend the period of time it has to consummate its initial business combination to December 13, 2023 (the “Monthly Extension”). The Monthly Extension is the eleventh of the twelve monthly extensions permitted under the Company's governing documents.

Broad Capital Acquisition Corp Confirms Funding to Extend Period to Consummate Initial Business Combination to December 13, 2023

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