Space Asset Acquisition Corp. (SAAQ)

Space Asset Acquisition Corp. is a special purpose acquisition company, or blank-check company, whose Class A ordinary shares trade on the Nasdaq. As its name suggests, it is oriented toward businesses in the space and related technology sectors.

The company was formed to raise capital in an initial public offering and then merge with a private operating business. Offering proceeds are held in a trust account until a business combination is completed or returned to shareholders. It has no operating business of its own.