Plutux
$0.21
+0.00%
2026-09-04 09:30:01 EDT+$0.00
Financial Services
Shell Companies
NASDAQ
Inactive

Patriot Acquisition Corp. is a blank check company, which was formed for the purpose of effecting a merger, consolidation capital stock exchange, ...

Price Action

$0.21
+0.00%+$0.00
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52W High
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Range1.5h
VolumeSMA5SMA10
Patriot Acquisition Corp. (PTACW), incorporated in 2025 and headquartered in Radnor, Pennsylvania, is a Special Purpose Acquisition Company (SPAC) established to facilitate a business combination with one or more target companies. As a blank check company, it operates with no underlying commercial operations, revenue-generating products, or services. Its primary objective ...Patriot Acquisition Corp. (PTACW), incorporated in 2025 and headquartered in Radnor, Pennsylvania, is a Special Purpose Acquisition Company (SPAC) established to facilitate a business combination with one or more target companies. As a blank check company, it operates with no underlying commercial operations, revenue-generating products, or services. Its primary objective is to leverage the extensive experience and capital markets expertise of its leadership team to identify a high-potential private company and take it public through a merger or acquisition process. The company is led by CEO and Chairman Jack L. Kopnisky, a seasoned executive with a significant background in the financial services sector, often associated with the expertise found within the Patriot Financial Partners network. The foundational strategy involves a disciplined search for a business that can benefit from the public market platform and the strategic guidance provided by the company's sponsors. Financially, the company operates as a shell entity where the primary assets are the funds held in trust, which were raised during its initial public offering process. These proceeds are strictly intended to be used for the eventual business combination. Unlike traditional operating corporations, the company does not have a typical Bill of Materials (BOM) or manufacturing costs; its expenditures are primarily administrative, legal, and accounting-related, incurred to maintain SEC compliance and search for acquisition targets. Investors in PTACW are essentially betting on the management team's ability to source, evaluate, and execute a value-accretive transaction within a designated timeframe (often 18 to 24 months). If an acquisition is not completed within the mandatory window, the company is generally required to liquidate and return the funds held in trust to its shareholders. The firm's success is defined entirely by its capacity to merge with a target that offers strong growth potential, sound management, and competitive positioning within its respective industry, thereby providing long-term value to its public stakeholders once the merger is finalized and the SPAC identity is transitioned into the new, combined public entity.
Founded
2025
Employees
2
CEO
Jack L. Kopnisky
Full Name
Patriot Acquisition Corp.
Sector
Financial Services
Industry
Shell Companies
Current Ratio
9.54
ROIC
-231.15%

Contact Information

Four Radnor Corporate Center, Radnor, PA 12087

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