GWAC Good Works Acquisition Corp.

Good Works Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Houston, Texas.

On 3/5/2021 the company announced a pending merger with Cipher Mining Technologies Inc., a newly formed U.S.-based Bitcoin mining operation. Assuming no redemptions, the SPAC shareholders will own 7.5% of the company. The PIPE investment is $425 million at $10.00 per share and will own 15% of the company. Valuation is approximately 7x estimated revenue in 2022 of $350 million.   

$9.94  -0.05 (-0.50%)
As of 06/21/2021 15:58:37 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Common stocks
Category3:  Micro cap
GICS sector:  Financials
Industry:  Shell Companies
Index country:  USA
Country of incorporation:  
IPO date:  12/07/2020
Outstanding shares:  21,478,000
Average volume:  126,256
Market cap:   $213,920,880
Current dividend yield:  0.00%
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Valuation   (See tab for details)
PE ratio:   0.00
PB ratio:   0.00
PS ratio:   0.00
Return on equity:   0.00%
Net income %:   0.00%

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