Broad Capital Acquisition Corp. Files 2024 10-K
| Field | Detail |
|---|---|
| Company | Broad Capital Acquisition Corp |
| Form Type | 10-K |
| Filed Date | Apr 15, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, SPAC, annual-report, financials
TL;DR
BRAC filed its 2024 10-K. Financials for 2023 & 2022 detailed.
AI Summary
Broad Capital Acquisition Corp. filed its 10-K for the fiscal year ending December 31, 2024, on April 15, 2025. The company, a blank check company, reported its financial position and operational details. Specific financial figures for common stock, additional paid-in capital, and retained earnings as of December 31, 2023, and December 31, 2022, were included in the filing.
Why It Matters
This filing provides investors with a comprehensive overview of Broad Capital Acquisition Corp.'s financial health and strategic direction for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard annual report for a SPAC, providing historical financial data without immediate new material events.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period covered by the 10-K)
- 2023-12-31 — Prior Year End (Comparative financial data point)
- 2022-12-31 — Year Before Prior (Further comparative financial data point)
Key Players & Entities
- Broad Capital Acquisition Corp. (company) — Filer of the 10-K
- 0001641172-25-004873 (filing_id) — Accession Number for the 10-K filing
- 20250415 (date) — Filing date of the 10-K
- 20241231 (date) — Fiscal year end date
- 001-41212 (ticker_symbol) — SEC File Number
FAQ
What is the primary business of Broad Capital Acquisition Corp.?
Broad Capital Acquisition Corp. is a blank check company, as indicated by its SIC code [6770] and the description of its units consisting of common stock and rights.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted to the SEC on April 15, 2025.
What fiscal year does this 10-K report cover?
This 10-K report covers the fiscal year ending on December 31, 2024.
Where is Broad Capital Acquisition Corp. incorporated?
Broad Capital Acquisition Corp. is incorporated in Delaware (DE).
What are the key financial statement components mentioned for the fiscal year end?
The filing mentions Common Stock, Additional Paid-In Capital, and Retained Earnings for the fiscal years ending December 31, 2024, 2023, and 2022.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 15, 2025 regarding Broad Capital Acquisition Corp.