Broad Capital Acquisition Corp
Liquidated 2025-06-05- CIK 1865120
- BRAC
- IPO 2022-01-12
- $1.2M trust
- 166 filings
- IPO Size
- $100M
- raised at the IPO
- Trust
- $1.2M
- as of 2025-03-31
- Current Status
- Failed
- from its latest filing
- IPO Year
- 2022
- year it listed
Filings, by quarter
166 filings over 21 quarters; violet bars carry a milestone
- 21 Q3: 6 filings
- 21 Q4: 13 filings
- 22 Q1: 24 filings
- 22 Q2: 1 filing
- 22 Q3: 1 filing
- 22 Q4: 7 filings
- 23 Q1: 20 filings
- 23 Q2: 7 filings
- 23 Q3: 10 filings
- 23 Q4: 8 filings
- 24 Q1: 19 filings
- 24 Q2: 9 filings
- 24 Q3: 4 filings
- 24 Q4: 17 filings
- 25 Q1: 10 filings
- 25 Q2: 4 filings
- 25 Q3: 1 filing
- 25 Q4: 2 filings
- 26 Q1: 1 filing
- 26 Q2: 0 filings
- 26 Q3: 2 filings
- S-1 filed 21 Q3
- IPO 22 Q1
- Liquidated 25 Q2
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Broad Capital Acquisition Corp is a blank-check company seeking a business combination, primarily with an aviation company, and also describes consumer, lifestyle, technology and mobility opportunities. It seeks businesses whose growth can be paired with impact-oriented governance and value creation.
Investment Focus
Aviation, Consumer, Beauty, Wellness, Technology, Mobility, Artificial Intelligence
Geographic Focus
North America, Asia Pacific
Key Information
As the filings state it
- IPO Date
- 2022-01-12
- Total Redemptions
- $19.3M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Failed Date
- 2025-06-05
- SPAC Ticker
- BRAC
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by CEO Johann Tse and CFO Rongrong (Rita) Jiang, with four independent director nominees. The team cites experience in aviation, AI and technology, venture capital, private equity, M&A, corporate operations and investment.