Accelerate Acquisition Corp.

xlr8ac.com

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2022 10-Q, filed Nov 7, 2022. Its latest SEC filing is a SC 13G/A from Feb 10, 2023.

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

What Did They Do?

Sought businesses to combine with in industrial, transportation and consumer sectors.

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: ▼ −50%; vs $5.9M in Q3 FY2021

Dec 19, 2022 Shareholders approved early termination and liquidation of the company The company moved its business-combination deadline to December 15, 2022 and said it would redeem remaining public shares; its warrants would expire worthless.
Nov 16, 2022 The NYSE began delisting proceedings for the company’s warrants Trading in the warrants was suspended, and the company said it would not appeal.

Financial Snapshot

Last updated: 10/29/2026

Size FY2021

Revenue: $0.00
Net Income: $2.597M

Growth

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

Profitability

Gross Margin
Operating Margin
Net Income Margin

Cash flow

Free Cash Flow

Balance sheet FY2021

Cash
Debt to Equity: N/A

Valuation On Dec 16, 2022

Market Cap: $505.75M
P/E: 194.7

Company Facts

Industry: Blank Checks
Incorporated
Headquarters

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