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Company research

Embrace Change Acquisition Corp.

CIK 1869601Updated Sep 24, 2026

EMCGF price & chart

Provider market data

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Financials

FY 2024 · USD
Revenue · FY 2024
Net income1,442,593USD · FY 2024
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

Cash · FY 2024
Operating income-551,662USD · FY 2024
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

Diluted EPS · FY 2024

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2024FY 2023FY 2022FY 2021
ASSETS
AssetsUSD26,154,194
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

56,236,360
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

76,944,986
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

169,050
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Current assets:
Assets, CurrentUSD66,985
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

5,308
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

403,533
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

169,050
Source

10-Q · 2022-11-08 · 0001193125-22-280198

As of 2021-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD5,890,908
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

4,119,404
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

2,744,550
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

147,280
Source

10-Q · 2022-11-08 · 0001193125-22-280198

As of 2021-12-31

Stockholders’ equity:
Common Stock, Value, IssuedUSD230
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

230
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

230
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

185
Source

10-Q · 2022-11-08 · 0001193125-22-280198

As of 2021-12-31

Additional Paid in CapitalUSD24,815
Source

10-Q · 2022-11-08 · 0001193125-22-280198

As of 2021-12-31

Retained Earnings (Accumulated Deficit)USD-5,824,153
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

-4,114,326
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

-2,341,247
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

-3,230
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Stockholders' Equity Attributable to ParentUSD-5,823,923
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

-4,114,096
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

-2,341,017
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

21,770
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Liabilities and EquityUSD26,154,194
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

56,236,360
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

76,944,986
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

169,050
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Current liabilities:
Liabilities, CurrentUSD2,924,908
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

1,531,905
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

157,051
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

147,280
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Additional Financial Items
Accrued Liabilities, CurrentUSD1,077,258
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

157,051
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

Deferred Tax Liabilities, NetUSD1,837,499
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2024FY 2023FY 2022FY 2021
Cash flows from operating activities:
Net Cash Provided by (Used in) Operating ActivitiesUSD-528,848
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

-352,351
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

-197,513
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

0
Source

10-K · 2023-03-07 · 0001193125-23-062939

2021-03-03 to 2021-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD32,521,263
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

23,796,998
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

-75,776,764
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

0
Source

10-K · 2023-03-07 · 0001193125-23-062939

2021-03-03 to 2021-12-31

Cash flows from financing activities:
Payments for Repurchase of Common StockUSD24,296,998
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

Net Cash Provided by (Used in) Financing ActivitiesUSD-31,930,738
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

-23,842,351
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

76,372,687
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

4,602
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD398,410
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

4,602
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD66,985
Source

10-K · 2025-03-11 · 0001829126-25-001705

As of 2024-12-31

5,308
Source

10-K · 2024-07-26 · 0001829126-24-005033

As of 2023-12-31

403,012
Source

10-K · 2023-03-07 · 0001193125-23-062939

As of 2022-12-31

4,602
Source

10-Q · 2022-07-21 · 0001193125-22-198245

As of 2021-12-31

Additional Financial Items
Net Income (Loss) Attributable to ParentUSD1,442,593
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

2,424,391
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

410,646
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

-3,230
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Operating Costs and ExpensesUSD551,662
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

Other Nonoperating Income (Expense)USD1,994,255
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

Proceeds from Issuance of Common StockUSD25,000
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2024FY 2023FY 2022FY 2021
Operating Income (Loss)USD-551,662
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

-1,062,206
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

-354,043
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

-3,230
Source

10-K · 2023-03-07 · 0001193125-23-062939

2021-03-03 to 2021-12-31

Other Nonoperating Income (Expense)USD1,994,255
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

3,486,597
Source

10-K · 2025-03-11 · 0001829126-25-001705

2023-01-01 to 2023-12-31

Net Income (Loss) Attributable to ParentUSD1,442,593
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

2,424,391
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

410,646
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

-3,230
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Earnings Per Share, BasicUSD per share-0.08
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

0
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Earnings Per Share, DilutedUSD per share-0.08
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

0
Source

10-Q · 2022-07-21 · 0001193125-22-198245

2021-03-03 to 2021-12-31

Weighted Average Number of Shares Outstanding, Basicshares4,898,504
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

1,848,214
Source

10-K · 2023-03-07 · 0001193125-23-062939

2021-03-03 to 2021-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares4,898,504
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

1,848,214
Source

10-K · 2023-03-07 · 0001193125-23-062939

2021-03-03 to 2021-12-31

Additional Financial Items
Interest ExpenseUSD4,664
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

Investment Income, NetUSD2,377,420
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

3,486,597
Source

10-K · 2024-07-26 · 0001829126-24-005033

2023-01-01 to 2023-12-31

764,689
Source

10-K · 2023-03-07 · 0001193125-23-062939

2022-01-01 to 2022-12-31

Operating Costs and ExpensesUSD551,662
Source

10-K · 2025-03-11 · 0001829126-25-001705

2024-01-01 to 2024-12-31

1,062,206
Source

10-K · 2025-03-11 · 0001829126-25-001705

2023-01-01 to 2023-12-31

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

embracechangeacq_ex99-1.htm · 8-K · 2025-01-27

EX-99.1 7 embracechangeacq_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Embrace Change Acquisition Corp. Announces Entering into a Definitive Merger Agreement with Tianji San Diego, CA - January 27, 2025 - Embrace Change Acquisition Corp. (“Embrace Change”) (NASDAQ: EMCG, EMCGU, EMCGR), a publicly traded special purpose acquisition company, and Tianji Tire Global (Cayman) Limited (“Tianji,” or the “Company”), a leading tire manufacturer with operations mainly conducted by its subsidiaries based in

8-K · 2025-01-27 · 0001829126-25-000387

Read attachment ↗