Velocity Acquisition Corp.

velocityacq.co

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 14, 2022. Its latest SEC filing is a SC 13G/A from Feb 14, 2023.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Seeks to merge with or acquire a business, primarily in digital transformation, and can offer its owners liquidity or growth capital.

How Did They Make Money?

No revenue was reported.

How Were They Changing?

Since the FY2021 annual report

Latest quarter: Q3 FY2022, the three months to Sep 30, 2022

Net income: ▲ +79%; vs $613.7K in Q3 FY2021

Dec 16, 2022 Will not complete a business combination and plans to liquidate It plans to redeem public shares; warrants will receive no liquidating distributions.

Financial Snapshot

Last updated: 10/30/2026

Size 2021

Revenue: $0.00
Net Income: $10.20M

Growth

Revenue Growth: N/A
EPS Growth: N/A

Profitability

Gross Margin
Operating Margin
Net Income Margin

Cash flow

Free Cash Flow

Balance sheet

Cash: N/A
Debt to Equity: N/A

Valuation On Dec 21, 2022

Market Cap: $288.08M
P/E: 28.24

Company Facts

Industry: Blank Checks
Incorporated
Headquarters

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