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NASDAQ · BRAC

Broad Capital Acquisition Corp.

Financial Services · Shell Companies

$11.70

Up+$0.00 (+0.00%)

Updated Nov 5, 2026, 6:40 AM

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Market cap
55.09M
P/E ratio
-57.01
Dividend yield
0.00%
52-week range
— – —
Volume
1.18K
Avg. volume
1.34K

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Overview

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Company profile

Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the general aviation and aerospace industry, and the unmanned aircraft systems and advanced air mobility industries in the United States and internationally. The company was incorporated in 2021 and is based in Plano, Texas.

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GlobeNewswire Inc. · Jun 18, 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.

GlobeNewswire Inc. · Jan 17, 2023

Broad Capital Acquisition Corp Announces Charter and Trust Agreement Amendments and Extension of Deadline to Complete a Business Combination to February 13, 2023

Plano, Texas, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp (NASDAQ: BRAC, BRACR, BRACU) (“BRAC”), a special purpose acquisition company formed by Broad Capital LLC, announced today that its stockholders approved amendments to its charter and trust agreement to change the structure and cost of how BRAC can obtain extensions to the deadline to complete its initial business combination and that BRAC obtained the first of up to nine 1-month extensions of the deadline—from January 13, 2023 to February 13, 2023—by depositing $370,725.50 into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”).

GlobeNewswire Inc. · Jan 6, 2023

Broad Capital Acquisition Corp Announces Postponement of Special Meeting of Shareholders Until January 10, 2023

Plano, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Broad Capital Acquisition Corp (the “Company”) (Nasdaq: BRAC/BRACU/BRACR), a special purpose acquisition company, today announced that it has postponed the Special Meeting of Shareholders scheduled to occur on January 9, 2023 (the “Special Meeting”) until January 10, 2023 at 10:30 am at the same location as set forth in the Proxy Statement. On December 28, 2022, the Company filed a Definitive Proxy Statement on Schedule 14A (the “Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) with respect to the Special Meeting to vote on, among other things, a proposal to amend the Company’s Amended and Restated Certificate of Incorporation (the “Charter”) to extend the date by which the Company must consummate a business combination (the “Extension”) from January 13, 2022 to October 13, 2023 (the “Extension Proposal”). The purpose of the Extension is to allow the Company more time to complete its initial business combination. In order to support this proposal, the Company, and Sponsor have agreed that, if the proposal is approved, the Sponsor (or its affiliates or permitted designees) will deposit into the Trust Account an additional $0.0625 per share for each month until October 13, 2023, unless the closing of the Company’s initial business combination shall have occurred (the “Extension Payment”) in exchange for a non-interest bearing, unsecured promissory note payable upon consummation of a business combination.-interest bearing, unsecured promissory note payable upon consummation of a business combination.

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