Atlantica Inc (ALDA) is a shell company with no substantive business operations that is seeking to acquire or merge with an existing business. The company generates no operating revenue. Its expenses from inception through December 31, 2025 have been funded entirely by loans from Mirabella Holdings, LLC, the majority shareholder controlled by Alan D. Gordon, with cumulative shareholder loans totaling $812,197 and accrued interest of $1,324,604 as of December 31, 2025. The loans are unsecured, due on demand, and accrue interest at 10% per annum compounded quarterly. ALDA does not restrict its acquisition search to any particular industry. Alan D. Gordon serves as President and CEO and, through Mirabella Holdings, LLC, controls approximately 97.2% of the 2,458,590 shares of common stock outstanding as of the filing date. The company has maintained this shell status continuously since at least November 6, 2007, per its 10-K filed March 31, 2026.
Source: SEC 10-K, filed 2026-03-31
Industry: Blank Checks
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