Wealthbridge Acquisition Ltd
Completed 2020-05-07- CIK 1753673
- HHHH
- Now SJ
- IPO 2019-02-07
- $59.3M trust
- 295 filings
Successfully merged with Scienjoy Inc. • Now trading as SJ
- IPO Size
- $50M
- raised at the IPO
- Trust
- $59.3M
- as of 2020-03-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2019
- year it listed
Filings, by quarter
295 filings over 33 quarters; violet bars carry a milestone
- 18 Q3: 1 filing
- 18 Q4: 3 filings
- 19 Q1: 24 filings
- 19 Q2: 2 filings
- 19 Q3: 1 filing
- 19 Q4: 7 filings
- 20 Q1: 24 filings
- 20 Q2: 20 filings
- 20 Q3: 6 filings
- 20 Q4: 11 filings
- 21 Q1: 23 filings
- 21 Q2: 38 filings
- 21 Q3: 9 filings
- 21 Q4: 18 filings
- 22 Q1: 8 filings
- 22 Q2: 15 filings
- 22 Q3: 11 filings
- 22 Q4: 1 filing
- 23 Q1: 1 filing
- 23 Q2: 7 filings
- 23 Q3: 14 filings
- 23 Q4: 2 filings
- 24 Q1: 2 filings
- 24 Q2: 7 filings
- 24 Q3: 10 filings
- 24 Q4: 2 filings
- 25 Q1: 0 filings
- 25 Q2: 3 filings
- 25 Q3: 3 filings
- 25 Q4: 3 filings
- 26 Q1: 12 filings
- 26 Q2: 6 filings
- 26 Q3: 1 filing
- S-1 filed 18 Q3
- IPO 19 Q1
- Definitive agreement 19 Q4
- Completed 20 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Wealthbridge Acquisition Limited is a blank-check company seeking a business combination. It intends to focus on operating businesses in and around air transportation and aviation in China, with prospective target companies generally showing over 25% annual growth in revenue or net profit for the prior two years.
Investment Focus
Aviation, Transportation
Geographic Focus
China
Key Information
As the filings state it
- IPO Date
- 2019-02-07
- Total Redemptions
- $53.8M
- Jurisdiction of Incorporation
- British Virgin Islands
- SIC
- 6770
- Completion Date
- 2020-05-07
- Merger Target
- Scienjoy Inc.
- SPAC Ticker
- HHHH
- Merged Ticker
- SJ
Stock Performance
SJTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2019-03-07 | $9.79 | |
| At Merger | 2020-05-08 | $9.55 | -2% |
| 6 Months Post-Merger | 2020-11-09 | $6.37 | -33% |
| 1 Year Post-Merger | 2021-05-10 | $8.30 | -13% |
| 2 Years Post-Merger | 2022-05-09 | $2.63 | -72% |
| Current Price | 2026-10-16 | $0.92 | -91% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management and board bring civil aviation, technology, M&A and operating experience, including senior leadership in airlines, aviation, film, finance, telecommunications and business.