Company research
Finnovate Acquisition Corp.
CIK 1857855Updated Sep 24, 2026
Securities
Name history
Finnovate Acquisition Corp · through Jul 12, 2021
FNVT price & chart
Historical security
This listing closed Jun 27, 2025. Live provider charts are shown only for current listings.
About the company
Finnovate Acquisition Corp. is a blank check company incorporated in the Cayman Islands with the purpose of acquiring one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.
In the news
No coverage from other publishers is available.
Recent filings
10-Q filing
15-12G filing
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Material Modification to Rights of Security Holders · Changes in Control of Registrant · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 1.01, 2.01, 3.03, 5.01, 5.02, 5.03, 9.01
10-K/A filing
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report
Items 4.02
Show 5 more recent filings
10-K filing
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders
Items 5.03, 5.07, 9.01
425 filing
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other Events
Items 3.01, 8.01
DEF 14A filing
Financials
FY 2024 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 10,233,676Source | 51,237,770Source | 179,089,740Source | 177,633,484Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 5,000,001Source | 5,000,001Source | 5,000,001Source | 5,000,001Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | 244,179Source | 1,011,771Source |
| Assets, CurrentUSD | 24,799Source | 37,426Source | 558,681Source | 1,379,299Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | — | 367,528Source |
| Other Assets, NoncurrentUSD | — | — | — | 302,083Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | — | — | 1,014,030Source | 668,396Source |
| Stockholders’ equity: | ||||
| Additional Paid in CapitalUSD | — | — | — | 1,654,188Source |
| Retained Earnings (Accumulated Deficit)USD | -5,087,217Source | -2,797,328Source | -455,795Source | -639,546Source |
| Stockholders' Equity Attributable to ParentUSD | -5,086,771Source | -2,796,882Source | -455,349Source | 1,015,088Source |
| Liabilities and EquityUSD | 10,233,676Source | 51,237,770Source | 179,089,740Source | 177,633,484Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 5,111,570Source | 2,834,308Source | 1,014,030Source | 218,631Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | — | — | 165,737Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -877,915Source | -786,645Source | -767,592Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 42,397,606Source | 131,816,922Source | — |
| Cash flows from financing activities: | |||
| Payments for Repurchase of Common StockUSD | 43,065,870Source | 132,616,922Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -41,518,959Source | -131,274,419Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 732Source | -244,142Source | -767,592Source |
| Additional Financial Items | |||
| General and Administrative ExpenseUSD | 1,622,093Source | 1,993,129Source | 1,472,416Source |
| Income Tax Expense (Benefit)USD | — | — | 0Source |
| Investment Income, InterestUSD | 1,406,139Source | 4,486,207Source | 2,578,957Source |
| Net Income (Loss) Attributable to ParentUSD | -215,486Source | 2,494,909Source | 1,110,622Source |
| Other Nonoperating Income (Expense)USD | 1,406,607Source | 4,488,038Source | 2,583,038Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Income (Loss)USD | -1,622,093Source | -1,993,129Source | -1,472,416Source |
| Other Nonoperating Income (Expense)USD | 1,406,607Source | 4,488,038Source | 2,583,038Source |
| Income Tax Expense (Benefit)USD | — | — | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -215,486Source | 2,494,909Source | 1,110,622Source |
| Additional Financial Items | |||
| General and Administrative ExpenseUSD | 1,622,093Source | 1,993,129Source | 1,472,416Source |
| Investment Income, InterestUSD | 1,406,139Source | 4,486,207Source | 2,578,957Source |
Filing attachments
ex99-1.htm · 8-K · 2025-03-25
EX-99.1 2 ex99-1.htm Exhibit 99.1 FINNOVATE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME MARCH 28, 2025 Boston, MA, March 25, 2025 (GLOBE NEWSWIRE) - Finnovate Acquisition Corp. (“Finnovate”) (OTC: “FNVUF”, “FNVTF”, “FNVWF”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to approve its proposed initial business combination which was initially scheduled for January 30, 2025 and had been postp…
Read attachment ↗ex99-1.htm · 8-K · 2025-03-13
EX-99.1 2 ex99-1.htm Exhibit 99.1 FINNOVATE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME MARCH 27, 2025 Boston, MA, March 13, 2025 (GLOBE NEWSWIRE) - Finnovate Acquisition Corp. (“Finnovate”) (OTC: “FNVUF”, “FNVTF”, “FNVWF”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to approve its proposed initial business combination which was initially scheduled for January 30, 2025 and had been pos…
Read attachment ↗ex99-1.htm · 8-K · 2025-02-25
EX-99.1 2 ex99-1.htm Exhibit 99.1 FINNOVATE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME MARCH 17, 2025 Boston, MA, February 25, 2025 (GLOBE NEWSWIRE) - Finnovate Acquisition Corp. (“Finnovate”) (OTC: “FNVUF”, “FNVTF”, “FNVWF”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to approve its proposed initial business combination which was initially scheduled for January 30, 2025 and had been p…
Read attachment ↗ex99-1.htm · 8-K · 2025-01-28
EX-99.1 2 ex99-1.htm Exhibit 99.1 FINNOVATE ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME FEBRUARY 27, 2025 Boston, MA, January 28, 2025 (GLOBE NEWSWIRE) - Finnovate Acquisition Corp. (“Finnovate”) (OTC: “FNVUF”, “FNVTF”, “FNVWF”) announced today that its upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to approve its proposed initial business combination has been postponed to 10:00 a.m., Eastern Time on Thursday, Feb…
Read attachment ↗