Global Lights Acquisition CorpGLAC
GLAC
About: Global Lights Acquisition Corp is a blank check company.
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
15.84% less ownership
Funds ownership: 68.17% [Q3] → 52.32% (-15.84%) [Q4]
22% less capital invested
Capital invested by funds: $64.1M [Q3] → $50M (-$14M) [Q4]
41% less funds holding
Funds holding: 32 [Q3] → 19 (-13) [Q4]
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
Research analyst outlook
We haven’t received any recent analyst ratings for GLAC.
Financial journalist opinion
Neutral
PRNewsWire
4 weeks ago
W Straits Limited and Global Lights Acquisition Corp. Announce Update on Negotiations of Definitive Agreement for Business Combination
NEW YORK , Jan. 23, 2025 /PRNewswire/ -- W Straits Limited ("W Straits"), a leading international fintech company, and Global Lights Acquisition Corp. ("GLAC") (NASDAQ: GLAC, GLACR and GLACU), a special purpose acquisition company whose securities are currently listed on The Nasdaq Stock Market LLC, today announced an update regarding their ongoing negotiations for a definitive agreement in connection with a potential business combination. W Straits and GLAC previously entered into a non-binding letter of intent on November 22, 2024, expressing their mutual interest in pursuing a business combination.
Neutral
PRNewsWire
3 months ago
W Straits Limited and Global Lights Acquisition Corp. Announce Letter of Intent for a Business Combination
NEW YORK , Nov. 22, 2024 /PRNewswire/ -- W Straits Limited ("W Straits"), a leading international fintech company, and Global Lights Acquisition Corp. ("GLAC") (NASDAQ: GLAC, GLACR and GLACU), a special purpose acquisition company whose securities are currently listed on The Nasdaq Stock Market LLC, today announced the signing of a non-binding letter of intent for a potential business combination. Under the terms of the non-binding letter of intent, W Straits and GLAC would become a combined entity, with W Straits' existing shareholders exchanging their shares in W Straits for equity in the combined public company.
Neutral
PRNewsWire
1 year ago
Global Lights Acquisition Corp Announces Closing of $69 Million Initial Public Offering
NEW YORK , Nov. 16, 2023 /PRNewswire/ -- Global Lights Acquisition Corp (NASDAQ: GLAC) (the "Company"), a blank check company incorporated in the Cayman Islands, today announced that it closed its initial public offering of 6,900,000 units at a price of $10.00 per unit, which includes the full exercise of the underwriter's over-allotment option. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading under the ticker symbol "GLAC" on November 14, 2023.
Neutral
PRNewsWire
1 year ago
Global Lights Acquisition Corp Announces Pricing of $60 Million Initial Public Offering
NEW YORK , Nov. 14, 2023 /PRNewswire/ -- Global Lights Acquisition Corp (the "Company"), a blank check company incorporated in the Cayman Islands, today announced the pricing of its initial public offering of 6,000,000 units at a price of $10.00 per unit. Each unit consists of one ordinary share and one right, with each right entitling the holder thereof to receive one-sixth of one ordinary share upon consummation of an initial business combination.
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