Based on ratings from 0 stock analysts, the Blue World Acquisition Corporation stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Blue World Acquisition Corporation. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedBWAQ 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Blue World Acquisition Corporation to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BWAQ. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BWAQ.
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When did it IPO
2022
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Liang Shi
Market Cap
$28.4M
In 2023, BWAQ generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BWAQ's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - TOYO Co., Ltd will begin trading on Nasdaq under the ticker symbol "TOYO" following its business combination with Blue World Acquisition Corporation, effective July 2, 2024.
Why It Matters - TOYO Co., Ltd's listing on Nasdaq signals increased visibility and potential liquidity for investors, while the business combination may enhance growth prospects in the solar sector.
Summary - Blue World Acquisition Corporation (NASDAQ: BWAQ) set May 23, 2024, as the deadline for shareholders to submit redemption requests ahead of its business combination with TOYO Solar.
Why It Matters - The upcoming deadline for redemption requests signals critical decision-making for shareholders, impacting stock liquidity and future valuation tied to the proposed business combination.
Summary - Blue World Acquisition Corporation (NASDAQ: BWAQ) extended its initial business combination deadline to June 2, 2024, after depositing $60,000 into its trust account, financed by shareholder ZENIN Investments.
Why It Matters - The extension of Blue World's business combination deadline indicates ongoing efforts to finalize a deal, which can affect stock valuation and investor confidence in the company's future.
Summary - Blue World Acquisition Corp. (NASDAQ: BWAQ) postponed its Extraordinary General Meeting regarding its proposed business combination with Vietnam Sunergy Cell Co. (TOYO Solar).
Why It Matters - The postponement of the extraordinary general meeting may delay the business combination, potentially impacting investor confidence and the stock's performance.
Summary - Blue World Acquisition Corporation (NASDAQ: BWAQ) will liquidate its U.S. government treasury obligations and money market funds by January 31, 2024, holding the funds in a cash deposit account.
Why It Matters - Liquidation of treasury obligations signals a shift in strategy for Blue World Acquisition Corp, potentially affecting liquidity and investment returns, which can influence stock performance and investor sentiment.
Summary - Vietnam Sunergy Cell Company (TOYO Solar) and Blue World Acquisition Corporation (NASDAQ: BWAQ) have announced a definitive business combination agreement as of August 10, 2023.
Why It Matters - The merger between TOYO Solar and Blue World could enhance market presence and investor interest in renewable energy stocks, potentially driving share prices and attracting capital.