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Broad Capital Acquisition Corp(BRACU) - 2025 Q1 - Quarterly Report
2025-05-20 19:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41212 BROAD CAPITAL ACQUISITION CORP (Exact name of registrant as specified in its charter) (I.R.S. Employer Identification No. ...
Broad Capital Acquisition Corp(BRACU) - 2024 Q4 - Annual Report
2025-04-15 21:15
Part I [Business](index=9&type=section&id=Item%201.%20Business) Broad Capital Acquisition Corp, a SPAC, seeks new business combination targets in high-growth tech after terminating its Openmarkets merger - The company is a blank check company formed to effect a merger, asset acquisition, or similar business combination[18](index=18&type=chunk) - The previously announced merger agreement with Openmarkets Group Pty Ltd. was terminated on **February 12, 2025**[25](index=25&type=chunk) - The business strategy focuses on identifying targets in high-growth technology sectors like AI and machine learning, primarily in North America and Asia Pacific, excluding China, Hong Kong, and Macau[26](index=26&type=chunk)[27](index=27&type=chunk)[32](index=32&type=chunk) - The deadline to complete an initial business combination has been extended to **January 13, 2026**, through monthly extensions contingent on Sponsor deposits into the Trust Account[65](index=65&type=chunk)[84](index=84&type=chunk) IPO and Over-Allotment Details | IPO and Over-Allotment Details | Value | | :--- | :--- | | **Initial Public Offering (Jan 13, 2022)** | | | Units Offered | 10,000,000 | | Price per Unit | $10.00 | | Gross Proceeds | $100,000,000 | | **Over-Allotment (Feb 10, 2022)** | | | Additional Units Purchased | 159,069 | | Gross Proceeds | $1,590,690 | [Risk Factors](index=26&type=section&id=Item%201A.%20Risk%20Factors) The company faces material risks including business combination failure, financial instability, Nasdaq delisting, and internal control weakness - The company's securities were delisted from Nasdaq on **January 22, 2025**, due to failing to maintain the minimum publicly held shares requirement[113](index=113&type=chunk) - A material weakness in internal control over financial reporting was identified as of **December 31, 2024**, related to complex financial instruments and inadequate expense reconciliation controls[119](index=119&type=chunk) - Substantial doubt exists about the company's ability to continue as a 'going concern' if it does not complete its initial business combination by **January 13, 2026**[119](index=119&type=chunk) - Key risks include the inability to find a suitable target, dependence on key personnel with potential conflicts of interest, and competition from other blank check companies[112](index=112&type=chunk) [Unresolved Staff Comments](index=28&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments - Not applicable[114](index=114&type=chunk) [Cybersecurity](index=28&type=section&id=Item%201C.%20Cybersecurity) The company acknowledges cybersecurity threats, with Board oversight, and recognizes potential material impact from future incidents - The Board and/or Audit Committee oversee cybersecurity risk exposures and receive periodic management reports[116](index=116&type=chunk) - To date, cybersecurity incidents have not had a material adverse effect on the company's business or financial condition[117](index=117&type=chunk) [Properties](index=28&type=section&id=Item%202.%20Properties) The company's Dallas, TX executive offices are provided by a CEO affiliate for a monthly fee, deemed adequate for operations - The executive office is located at **6208 Sandpebble Court, Dallas, TX 75254**[118](index=118&type=chunk) - The company pays an affiliate of its CEO **$10,000 per month** for office space, administrative, and shared personnel support services[118](index=118&type=chunk) [Legal Proceedings](index=30&type=section&id=Item%203.%20Legal%20Proceedings) The company reports no current or contemplated litigation against it, its officers, or directors - To the knowledge of management, no litigation is currently pending or contemplated against the company[120](index=120&type=chunk) [Mine Safety Disclosure](index=30&type=section&id=Item%204.%20Mine%20Safety%20Disclosure) This section is not applicable to the company - Not applicable[121](index=121&type=chunk) Part II [Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=30&type=section&id=Item%205.%20Market%20For%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) This section details the trading market for the company's securities, stockholder information, and dividend policy, noting Nasdaq delisting - Nasdaq halted trading of the company's securities on **January 22, 2025**, due to failure to maintain the minimum required publicly held shares[123](index=123&type=chunk) - As of **April 14, 2025**, there were **2** holders of record for units, **6** for common stock, and **1** for rights[124](index=124&type=chunk) - The company has not paid any cash dividends and does not plan to before completing its initial business combination[125](index=125&type=chunk) [Selected Financial Data](index=32&type=section&id=Item%206.%20Selected%20Financial%20Data) This item is reserved and contains no information - Item 6 is reserved[131](index=131&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=32&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) The blank check company, with no operations or revenue, reported a **$1,122,587** net loss in FY 2024, facing liquidity concerns and going concern doubt - The merger agreement with Openmarkets was terminated on **February 12, 2025**, and the company continues its search for an initial Business Combination[133](index=133&type=chunk)[143](index=143&type=chunk) Financial Performance | Financial Performance | FY 2024 | FY 2023 | | :--- | :--- | :--- | | **Net Loss** | **($1,122,587)** | **($513,919)** | | Operating Costs | ($1,575,281) | ($2,409,672) | | Interest Earned on Trust | $894,070 | $2,752,194 | Liquidity and Capital | Liquidity and Capital | As of Dec 31, 2024 | As of Dec 31, 2023 | | :--- | :--- | :--- | | Cash in Operating Account | $585 | $15,282 | | Cash in Trust Account | $20,521,640 | $50,772,949 | | Working Capital Loan Outstanding | $1,267,408 | $754,748 | | Extension Loan Outstanding | $3,503,628 | $2,903,628 | - Management has determined there is substantial doubt about the company's ability to continue as a going concern due to potential liquidation if a business combination is not completed within the permitted timeframe[149](index=149&type=chunk) - The company has a contractual obligation to pay an affiliate of its Sponsor **$10,000 per month** for office space and administrative support[150](index=150&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=35&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company has limited market risk exposure, with trust account funds moved to an interest-bearing demand deposit account to mitigate Investment Company Act risks - The company has not engaged in any hedging activities and does not expect to[157](index=157&type=chunk) - On **January 4, 2024**, the company instructed its trustee to liquidate marketable securities and invest **100%** of the trust account in an interest-bearing demand deposit account[158](index=158&type=chunk)[268](index=268&type=chunk) [Financial Statements and Supplementary Data](index=35&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents the company's audited financial statements for FY 2024 and 2023, with the auditor's report highlighting going concern doubt - The independent auditor's report from MaloneBailey, LLP includes a 'Going Concern Matter' paragraph due to the risk of liquidation if a business combination is not completed[241](index=241&type=chunk)[242](index=242&type=chunk) Balance Sheet Highlights | Balance Sheet Highlights | Dec 31, 2024 | Dec 31, 2023 | | :--- | :--- | :--- | | **Total Assets** | **$20,522,225** | **$50,817,322** | | Cash held in trust account | $20,521,640 | $50,772,949 | | **Total Liabilities** | **$13,304,617** | **$10,462,846** | | Common Stock subject to redemption | $19,830,933 | $50,095,136 | | **Total Stockholders' Deficit** | **($12,613,325)** | **($9,740,660)** | Statement of Operations | Statement of Operations | Year Ended Dec 31, 2024 | Year Ended Dec 31, 2023 | | :--- | :--- | :--- | | Loss from Operations | ($1,752,336) | ($2,609,672) | | Interest earned on trust | $894,070 | $2,752,194 | | **Net Loss** | **($1,122,587)** | **($513,919)** | | Basic and diluted net loss per share | ($0.24) | ($0.06) | - The company recorded an excise tax liability of **$895,904** as of **Dec 31, 2024**, and **$584,031** as of **Dec 31, 2023**, related to the **1%** excise tax on stock redemptions under the Inflation Reduction Act[315](index=315&type=chunk) - Subsequent to year-end, stockholders redeemed **1,616,447 shares** for approximately **$19.3 million** in **January 2025**, leaving **101,216** public shares outstanding[290](index=290&type=chunk)[354](index=354&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=35&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes in or disagreements with its accountants on accounting principles, practices, or financial statement disclosure - None[160](index=160&type=chunk) [Controls and Procedures](index=36&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded disclosure controls were ineffective as of **December 31, 2024**, due to a material weakness in internal control - Management concluded that disclosure controls and procedures were not effective as of the end of the reporting period[161](index=161&type=chunk) - A material weakness was identified in internal controls due to inadequate segregation of duties, limited personnel, and insufficient written policies for accounting, IT, and financial reporting[164](index=164&type=chunk) - Remediation plans include enhancing the board's composition post-business combination, consulting with third-party experts, and considering additional staff[165](index=165&type=chunk) [Other Information](index=37&type=section&id=Item%209B.%20Other%20Information) The company intends to deposit **$3,036** into the trust account in **April 2025** to extend its termination date - The company intends to deposit **$3,036** into the trust account in **April 2025** to fund a monthly extension of its termination date[169](index=169&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=37&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) This section details the company's leadership, board structure, independent committees, and adopted Code of Ethics Directors and Executive Officers | Name | Position | | :--- | :--- | | Johann Tse | Chief Executive Officer & Director | | Rongrong "Rita" Jiang | Chief Financial Officer & Director | | Nicholas Shao | Independent Director | | Wayne Trimmer | Independent Director | | Teck-Yong Heng | Independent Director | | Keith Adams | Independent Director | - The board of directors has three standing committees: Audit, Compensation, and Corporate Governance and Nominating[188](index=188&type=chunk) - The Audit Committee is chaired by **Teck-Yong Heng**, who qualifies as an 'audit committee financial expert'[189](index=189&type=chunk) - A Code of Ethics applicable to all directors, officers, and employees has been adopted[199](index=199&type=chunk) [Executive Compensation](index=45&type=section&id=Item%2011.%20Executive%20Compensation) Prior to a business combination, no officers or directors receive cash compensation, though the Sponsor receives **$10,000 per month** for administrative support - No officers or directors have received any cash compensation for services rendered[202](index=202&type=chunk) - The company pays its Sponsor **$10,000 per month** for office space, utilities, and administrative support[202](index=202&type=chunk) - Post-business combination, management compensation will be determined by the new board of directors and fully disclosed to stockholders[203](index=203&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=45&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) This section details the beneficial ownership of the company's common stock, with the sponsor owning approximately **98.2%** as of **April 15, 2025** Beneficial Ownership of Common Stock | Beneficial Owner | Number of Shares | Percentage of Class | | :--- | :--- | :--- | | Johann Tse (CEO, Director) | 3,036,010 | 98.2% | | Rita Jiang (CFO, Director) | 3,036,010 | 98.2% | | All six executive officers and directors as a group | 3,036,010 | 98.2% | | Broad Capital LLC (Sponsor) | 3,036,010 | 98.2% | - Ownership is based on **3,092,113 shares** of common stock outstanding as of **April 15, 2025**[206](index=206&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=46&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) This section outlines financial transactions and agreements between the company and its sponsor, officers, and directors, including share sales, loans, and administrative fees - The sponsor, Broad Capital LLC, purchased **2,875,000** insider shares for **$25,000**[211](index=211&type=chunk) - The sponsor provides working capital loans as needed, with **$1,267,408** outstanding as of **Dec 31, 2024**[224](index=224&type=chunk)[335](index=335&type=chunk) - The sponsor has provided extension loans to fund deposits into the trust account, with **$3,503,628** outstanding as of **Dec 31, 2024**[215](index=215&type=chunk)[336](index=336&type=chunk) - The company pays the Sponsor **$10,000 per month** for office space and administrative support, with **$350,000** due as of **Dec 31, 2024**[223](index=223&type=chunk)[338](index=338&type=chunk) - The board has determined that **Keith Adams, Wayne Trimmer, Nicholas Shao, and Teck-Yong Heng** are independent directors[229](index=229&type=chunk) [Principal Accounting Fees and Services](index=49&type=section&id=Item%2014.%20Principal%20Accounting%20Fees%20and%20Services) This section summarizes fees paid to MaloneBailey, LLP, with audit fees totaling **$130,000** in FY 2024, and all services pre-approved Fees Paid to MaloneBailey, LLP | Fees Paid to MaloneBailey, LLP | FY 2024 | FY 2023 | | :--- | :--- | :--- | | Audit Fees | $130,000 | $65,000 | | Audit-Related Fees | $0 | $0 | | Tax Fees | $0 | $0 | | All Other Fees | $0 | $0 | - All auditing and permitted non-audit services are pre-approved by the audit committee[234](index=234&type=chunk) Part IV [Exhibits, Financial Statement Schedules](index=50&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section lists documents filed as part of the Form 10-K report, including financial statements and an index of exhibits - The report includes the company's financial statements, starting on **page F-1**[236](index=236&type=chunk) - An index of exhibits filed with the report is provided, including key agreements like the terminated Openmarkets Merger Agreement and various amendments to the Certificate of Incorporation[237](index=237&type=chunk)[358](index=358&type=chunk) [Form 10-K Summary](index=50&type=section&id=Item%2016.%20Form%2010-K%20Summary) This section is not applicable to the company - Not applicable[238](index=238&type=chunk)
Broad Capital Acquisition Corp(BRACU) - 2024 Q3 - Quarterly Report
2024-11-12 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41212 | --- | --- | |----------------------------------------------------------------------------------------|------------- ...
Broad Capital Acquisition Corp(BRACU) - 2024 Q2 - Quarterly Report
2024-08-19 16:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Units, each consisting of one share of common stock, par value $0.000001 per share, and one Right to acquire 1/10 of one share of common stock BRACU The Nasdaq Stock Market LLC Common stock included as part of the Units BRAC The Nasdaq Stock Market LLC Rights included as part of the Units BRACR The Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT ...
Broad Capital Acquisition Corp(BRACU) - 2024 Q1 - Quarterly Report
2024-05-20 14:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41212 oadCapital BROAD CAPITAL ACQUISITION CORP (Exact name of registrant as specified in its charter) | --- | --- | --- | |--- ...
Broad Capital Acquisition Corp(BRACU) - 2023 Q4 - Annual Report
2024-03-14 01:58
IPO and Initial Financing - The company closed its initial public offering on January 13, 2022, selling 10,000,000 units at $10.00 per unit, generating gross proceeds of $100,000,000[11]. - A private sale of 446,358 units was completed simultaneously with the IPO, generating gross proceeds of $4,463,580[12]. - The underwriters partially exercised the over-allotment option, purchasing an additional 159,069 units for gross proceeds of $1,590,690[12]. - The trust account established for public stockholders has been maintained by Continental Stock Transfer & Trust Company[13]. - The company has approximately $19 million available for an initial business combination as of February 25, 2024[60]. - The net proceeds from the initial public offering have been invested in U.S. government treasury bills or money market funds, minimizing exposure to interest rate risk[175]. Business Combination and Mergers - The Openmarkets Merger Agreement was entered into on January 18, 2023, with amendments made on August 1, 2023, and January 9, 2024, to adjust the number of shares and extend deadlines[16][18]. - The number of Purchaser Shares to be issued as consideration at the Closing was decreased from 9,000,000 to 7,000,000 due to an updated valuation of the Target[18]. - The company is required to liquidate and transfer all assets and liabilities to the Purchaser following the Redomestication Merger[18]. - The company aims to list on any tier of the Nasdaq exchange by the time of the Closing[18]. - The number of Purchaser Shares to be issued to the Seller at Closing is decreased from 7,000,000 to 4,800,000 due to an updated valuation of the Target[19]. - The number of Purchaser Shares related to the Earnout is increased from 2,000,000 to 2,700,000 based on the updated valuation of the Target[19]. - The Target must have at least $7,000,000 in cash or cash equivalents upon Closing[23]. - The Purchaser must have at least $5,000,001 in tangible net assets at Closing[23]. - A breakup fee of $5,000,000 is required from the Target if the BCA is terminated under specific conditions[26]. - The Escrow Agreement will hold 1,607,000 Purchaser Shares for indemnification obligations and 2,000,000 Purchaser Shares for the Earnout[30]. - The company aims to capture opportunities in high growth markets such as North America and Asia Pacific[37]. - The company employs a proactive acquisition strategy, as demonstrated by the Openmarkets Merger[42]. - The investment strategy focuses on businesses in AI, machine learning, and aviation with positive growth drivers and measurable ESG impact[43]. - The acquisition selection criteria include targeting companies with strong management teams, attractive business models, and significant growth potential[49]. - The company intends to leverage its management team's operational experience and extensive networks to identify and evaluate acquisition opportunities[46]. - The company will conduct comprehensive due diligence, including financial analysis and technology assessments, before finalizing any business combination[52]. - The company aims to create long-term value for stockholders by identifying businesses at an inflection point that would benefit from additional management expertise[49]. - The company will not pursue business combinations with entities in China, Hong Kong, or Macau[44]. - The company believes that the pandemic has changed consumer behavior, creating numerous opportunities for business combinations[48]. - The company may seek additional funding through private offerings to facilitate its initial business combination[63]. Redemption and Stockholder Rights - Public stockholders will have the opportunity to redeem their shares at a price equal to the amount in the trust account upon consummation of the initial business combination[83]. - The company will conduct redemptions either through a general meeting or a tender offer, depending on whether stockholder approval is sought[84]. - The company has agreed to waive redemption rights for initial stockholders if the initial business combination is not completed within the required period[83]. - The company will not redeem public shares if it would cause net tangible assets to fall below $5,000,001 prior to the business combination[87]. - Public stockholders may redeem shares, but those holding more than 15% of shares sold in the offering are restricted from seeking redemption rights without prior consent[96]. - The company will have up to twelve one-month extensions to complete its business combination until January 13, 2025, with a deposit of $0.035 per share for each month by the sponsor[102]. - If the initial business combination is not completed by the deadline, public shares will be redeemed at a per-share price based on the trust account balance[102]. - The expected per-share redemption amount upon dissolution is approximately $10.10, but actual amounts may be lower due to creditor claims[108]. - The company’s sponsor and management have waived their rights to liquidating distributions from the trust account for insider shares if the business combination is not completed[104]. - Redemption rights must be exercised by tendering shares before the vote on the initial business combination[97]. - The company intends to fund dissolution costs from approximately $392,000 held outside the trust account plus up to $100,000 from interest on the trust account[106]. - The company has access to approximately $392,000 from the proceeds of the offering to cover potential claims, with estimated liquidation costs not exceeding $25,000[114]. - As of December 31, 2023, the company has $15,282 held outside the trust account to address potential claims, with estimated liquidation costs around $100,000[115]. - The company aims to ensure that the trust account does not fall below $10.10 per public share due to creditor claims, with the sponsor liable for any shortfall[110]. - If the trust account proceeds drop below $10.10 per public share, independent directors may consider legal action against the sponsor to enforce indemnification obligations[112]. - The company is required to adopt a plan to address all existing and potential claims for up to ten years, given its status as a blank check company[119]. - The company will seek waivers from all vendors and service providers regarding claims to the trust account to limit potential liabilities[114]. - Stockholders may be liable for claims against the corporation to the extent of distributions received during dissolution[116]. - The company will provide audited financial statements of the target business to stockholders as part of the tender offer materials[126]. Regulatory Compliance and Financial Reporting - The company is required to evaluate its internal control procedures for the fiscal year ended December 31, 2023, as mandated by the Sarbanes-Oxley Act[127]. - The company has filed a Registration Statement on Form 8-A with the SEC, becoming subject to the Exchange Act rules and regulations[128]. - The company qualifies as an "emerging growth company," allowing it to take advantage of certain exemptions from reporting requirements, potentially affecting the attractiveness of its securities[129]. - The company intends to utilize the extended transition period for complying with new accounting standards, delaying adoption until they apply to private companies[130]. - The company will remain an "emerging growth company" until the earlier of January 13, 2027, achieving total annual gross revenue of at least $1.07 billion, or exceeding a market value of $700 million[131]. - As of December 31, 2023, the company has not generated any revenues and has engaged in limited operations since its inception on April 16, 2021[174].
Broad Capital Acquisition Corp(BRACU) - 2023 Q3 - Quarterly Report
2023-11-13 11:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41212 roadCapital BROAD CAPITAL ACQUISITION CORP (Exact name of registrant as specified in its charter) | --- | --- | --- | ...
Broad Capital Acquisition Corp(BRACU) - 2023 Q2 - Quarterly Report
2023-08-15 00:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Units, each consisting of one share of common stock, par value $0.000001 per share, and one Right to acquire 1/10 of one share of common stock BRACU The Nasdaq Stock Market LLC Common stock included as part of the Units BRAC The Nasdaq Stock Market LLC Rights included as part of the Units BRACR The Nasdaq Stock Market LLC FORM 10-Q (Mark One) ☒ QUARTERLY REPORT ...
Broad Capital Acquisition Corp(BRACU) - 2023 Q1 - Quarterly Report
2023-05-15 17:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41212 BroadCapital BROAD CAPITAL ACQUISITION CORP (Exact name of registrant as specified in its charter) | --- | --- | --- | -- ...
Broad Capital Acquisition Corp(BRACU) - 2022 Q4 - Annual Report
2023-03-17 21:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number: 001-41212 BroadCapital Broad Capital Acquisition Corp (Exact name of registrant as specified in its charter) | --- | --- | --- ...