This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsBattery Future Acquisition（BFAC.F）株式概要Battery Future Acquisition Corp.は重要な事業を行っていない。 詳細BFAC.F ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績0/6財務の健全性0/6配当金0/6リスク分析マイナスの株主資本 収益が 100 万ドル未満 ( $0 )負債は営業キャッシュフローで十分にカバーされていない 財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るBFAC.F Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$10.30該当なし内在価値ディスカウントEst. Revenue$PastFuture020m2016201920222025202620282031Revenue US$1.0Earnings US$0AdvancedSet Fair ValueView all narrativesBattery Future Acquisition Corp. 競合他社Westwood Holdings GroupSymbol: NYSE:WHGMarket cap: US$136.9mZalatoris II AcquisitionSymbol: OTCPK:ZLSS.FMarket cap: US$125.6mKeen Vision AcquisitionSymbol: NasdaqGM:KVACMarket cap: US$68.0mPyrophyte AcquisitionSymbol: OTCPK:PHYT.FMarket cap: US$83.2m価格と性能株価の高値、安値、推移の概要Battery Future Acquisition過去の株価現在の株価US$10.3052週高値US$12.0052週安値US$3.50ベータ-1.321ヶ月の変化0%3ヶ月変化-7.62%1年変化-7.21%3年間の変化3.62%5年間の変化n/aIPOからの変化3.83%最新ニュースお知らせ • Apr 08Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction.Class Over Inc. entered into a letter of intent to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on March 28, 2024. Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The transaction is subject to the Listing approvals of new shares, filing of registration statement effectiveness and expiration or termination of waiting period under HSR Act. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. The registration statement was declared effective on January 27, 2025. On February 21, 2025, Battery Future shareholders approved the transaction. Joshua Teitelbaum of RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Jeffrey M. Gallant, Eric T. Schwartz and David A. Miller of Graubard Miller and Nelson LLP are acting as legal advisors to BFAC. Continental Stock Transfer & Trust Company acted as Transfer Agent to Battery. Echo Hindle-Yang of RingRoad Corp. acted as due diligence provider for Battery Future. Cohen & Company acted as accountant to Battery Future. ClearTrust, LLC acted as proxy solicitor to BFAC. BFAC will pay ClearTrust, LLC a fee of $30,000, plus disbursements. Michael T. Studer CPA and WithumSmith+Brown acted as an auditors to Battery Future Acquisition. Bush & Associates CPA LLC acted as auditor to Class Over and Battery Future Acquisition in the transaction. Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction on April 7, 2025. Upon closing, Combined Company will Operate under the Name "Classover Holdings, Inc." and Class B Common Stock and Warrants of Classover Holdings are anticipated to begin trading on the Nasdaq Stock Market under the symbols "KIDZ" and "KIDZW," respectively. Classover will continue to provide world class educational technology under the leadership of its current management.お知らせ • Apr 02Battery Future Acquisition Corp. announced delayed annual 10-K filingOn 04/01/2025, Battery Future Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$594k). Revenue is less than US$1m. Minor Risk Large one-off items impacting financial results.お知らせ • May 16Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction.Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Graubard Miller and Nelson LLP are acting as legal advisors to BFAC.New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$8.1m). Revenue is less than US$1m.お知らせ • Jan 19Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited.Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024. Pursuant to the share purchase agreement, Battery Future Sponsor LLC and Pala Investments transferred to Camel Bay an aggregate of 4,193,695 Class B Ordinary Shares of Battery Future Acquisition Corp. in connection with the execution of the purchase agreement, effective immediately, the following officers and directors submitted the resignation of their respective offices: Greg Martyr as Chief Executive Officer and director, Kris Salinger as Chief Financial Officer and director, Josh Payne as Chief Operating Officer, Nick O’Loughlin as Chief Development Officer and each of Simon Hay, Jessica Fung, Erez Ichilov, Natalia Streltsova and Adrian Griffin as directors of Battery Future Acquisition Corp. Weiyi Zheng was appointed as Chief Executive Officer and Chairman of the Board and each of Hao Tian, Zixun Jin and Shengming Shi as independent directors of the Company. The closing of the transaction is conditional upon Battery Future Acquisition Corp and Warrant Holder terminating the private placement warrants on or prior to the closing. Kyle S. Gann of Winston & Strawn LLP acted as legal advisor to Battery Future Sponsor LLC and Pala Investments Limited. David Alan Miller and Jeffrey M. Gallant of Graubard Miller acted as legal advisor to Camel Bay. Camel Bay, LLC completed the acquisition of 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024.最新情報をもっと見るRecent updatesお知らせ • Apr 08Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction.Class Over Inc. entered into a letter of intent to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on March 28, 2024. Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The transaction is subject to the Listing approvals of new shares, filing of registration statement effectiveness and expiration or termination of waiting period under HSR Act. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. The registration statement was declared effective on January 27, 2025. On February 21, 2025, Battery Future shareholders approved the transaction. Joshua Teitelbaum of RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Jeffrey M. Gallant, Eric T. Schwartz and David A. Miller of Graubard Miller and Nelson LLP are acting as legal advisors to BFAC. Continental Stock Transfer & Trust Company acted as Transfer Agent to Battery. Echo Hindle-Yang of RingRoad Corp. acted as due diligence provider for Battery Future. Cohen & Company acted as accountant to Battery Future. ClearTrust, LLC acted as proxy solicitor to BFAC. BFAC will pay ClearTrust, LLC a fee of $30,000, plus disbursements. Michael T. Studer CPA and WithumSmith+Brown acted as an auditors to Battery Future Acquisition. Bush & Associates CPA LLC acted as auditor to Class Over and Battery Future Acquisition in the transaction. Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction on April 7, 2025. Upon closing, Combined Company will Operate under the Name "Classover Holdings, Inc." and Class B Common Stock and Warrants of Classover Holdings are anticipated to begin trading on the Nasdaq Stock Market under the symbols "KIDZ" and "KIDZW," respectively. Classover will continue to provide world class educational technology under the leadership of its current management.お知らせ • Apr 02Battery Future Acquisition Corp. announced delayed annual 10-K filingOn 04/01/2025, Battery Future Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$594k). Revenue is less than US$1m. Minor Risk Large one-off items impacting financial results.お知らせ • May 16Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction.Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Graubard Miller and Nelson LLP are acting as legal advisors to BFAC.New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$8.1m). Revenue is less than US$1m.お知らせ • Jan 19Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited.Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024. Pursuant to the share purchase agreement, Battery Future Sponsor LLC and Pala Investments transferred to Camel Bay an aggregate of 4,193,695 Class B Ordinary Shares of Battery Future Acquisition Corp. in connection with the execution of the purchase agreement, effective immediately, the following officers and directors submitted the resignation of their respective offices: Greg Martyr as Chief Executive Officer and director, Kris Salinger as Chief Financial Officer and director, Josh Payne as Chief Operating Officer, Nick O’Loughlin as Chief Development Officer and each of Simon Hay, Jessica Fung, Erez Ichilov, Natalia Streltsova and Adrian Griffin as directors of Battery Future Acquisition Corp. Weiyi Zheng was appointed as Chief Executive Officer and Chairman of the Board and each of Hao Tian, Zixun Jin and Shengming Shi as independent directors of the Company. The closing of the transaction is conditional upon Battery Future Acquisition Corp and Warrant Holder terminating the private placement warrants on or prior to the closing. Kyle S. Gann of Winston & Strawn LLP acted as legal advisor to Battery Future Sponsor LLC and Pala Investments Limited. David Alan Miller and Jeffrey M. Gallant of Graubard Miller acted as legal advisor to Camel Bay. Camel Bay, LLC completed the acquisition of 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024.Board Change • Dec 31High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Simon Hay is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Dec 22Battery Future Acquisition Corp. announced that it has received $0.15 million in funding from Pala Investments LimitedBattery Future Acquisition Corp. announced a private placement to issue an unsecured convertible promissory note at an issue price of $150,000 for the gross proceeds of $150,000 on December 20, 2023. The transaction included participation from returning investor Pala Investments Limited. Pursuant to the Note, company agreed to repay the outstanding principal amount of the Note on the earlier of the date of company's liquidation and the date on which the business combination is consummated. At any time on or prior to the Maturity Date, Pala may elect to convert the outstanding principal balance and interest accrued on the Note into warrants to purchase Class A ordinary shares at a conversion price equal to $1.00 per warrant, subject to availability. The Note bears interest at a rate of 10% per annum.お知らせ • Dec 14Battery Future Acquisition Corp. Announces Resignation of Kristopher Salinger as Chief Financial OfficerOn December 8, 2023, Kristopher Salinger notified Battery Future Acquisition Corp. of his decision to resign as chief financial officer of the Company, effective immediately. Mr. Salinger’s decision to resign was not the result of any dispute or disagreement with the Company or any matter relating to the Company’s operations, policies or practices.お知らせ • Dec 13Battery Future Acquisition Corp. Announces Resignation of Kristopher Salinger as DirectorOn December 8, 2023, Kristopher Salinger notified Battery Future Acquisition Corp. of his decision to resign as a director of the Company, effective immediately. Mr. Salinger’s decision to resign was not the result of any dispute or disagreement with the Company or any matter relating to the Company’s operations, policies or practices.株主還元BFAC.FUS Capital MarketsUS 市場7D0%-0.02%1.0%1Y-7.2%10.3%28.7%株主還元を見る業界別リターン: BFAC.F過去 1 年間で10.3 % の収益を上げたUS Capital Markets業界を下回りました。リターン対市場: BFAC.Fは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is BFAC.F's price volatile compared to industry and market?BFAC.F volatilityBFAC.F Average Weekly Movementn/aCapital Markets Industry Average Movement3.6%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: データは利用できません。時間の経過による変動: 過去 1 年間のBFAC.Fのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト2021n/aFanghan Suiwww.futureacquisition.comBattery Future Acquisition Corp.は重要な事業を行っていない。同社は、1つまたは複数の企業との合併、資本交換、資産買収、株式購入、組織再編、または類似の企業結合を実施することに重点を置いている。電池のバリューチェーンに沿った資産や企業をターゲットにする予定である。同社は2021年に法人化され、デラウェア州ドーバーを拠点としている。もっと見るBattery Future Acquisition Corp. 基礎のまとめBattery Future Acquisition の収益と売上を時価総額と比較するとどうか。BFAC.F 基礎統計学時価総額US$126.77m収益（TTM）US$5.17m売上高(TTM)n/a24.5xPER（株価収益率0.0xP/SレシオBFAC.F は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計BFAC.F 損益計算書（TTM）収益US$0売上原価US$0売上総利益US$0その他の費用-US$5.17m収益US$5.17m直近の収益報告Sep 30, 2024次回決算日該当なし一株当たり利益（EPS）0.42グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率-36.3%BFAC.F の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/04/08 17:50終値2025/04/04 00:00収益2024/09/30年間収益2023/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Battery Future Acquisition Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Apr 08Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction.Class Over Inc. entered into a letter of intent to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on March 28, 2024. Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The transaction is subject to the Listing approvals of new shares, filing of registration statement effectiveness and expiration or termination of waiting period under HSR Act. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. The registration statement was declared effective on January 27, 2025. On February 21, 2025, Battery Future shareholders approved the transaction. Joshua Teitelbaum of RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Jeffrey M. Gallant, Eric T. Schwartz and David A. Miller of Graubard Miller and Nelson LLP are acting as legal advisors to BFAC. Continental Stock Transfer & Trust Company acted as Transfer Agent to Battery. Echo Hindle-Yang of RingRoad Corp. acted as due diligence provider for Battery Future. Cohen & Company acted as accountant to Battery Future. ClearTrust, LLC acted as proxy solicitor to BFAC. BFAC will pay ClearTrust, LLC a fee of $30,000, plus disbursements. Michael T. Studer CPA and WithumSmith+Brown acted as an auditors to Battery Future Acquisition. Bush & Associates CPA LLC acted as auditor to Class Over and Battery Future Acquisition in the transaction. Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction on April 7, 2025. Upon closing, Combined Company will Operate under the Name "Classover Holdings, Inc." and Class B Common Stock and Warrants of Classover Holdings are anticipated to begin trading on the Nasdaq Stock Market under the symbols "KIDZ" and "KIDZW," respectively. Classover will continue to provide world class educational technology under the leadership of its current management.
お知らせ • Apr 02Battery Future Acquisition Corp. announced delayed annual 10-K filingOn 04/01/2025, Battery Future Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$594k). Revenue is less than US$1m. Minor Risk Large one-off items impacting financial results.
お知らせ • May 16Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction.Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Graubard Miller and Nelson LLP are acting as legal advisors to BFAC.
New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$8.1m). Revenue is less than US$1m.
お知らせ • Jan 19Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited.Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024. Pursuant to the share purchase agreement, Battery Future Sponsor LLC and Pala Investments transferred to Camel Bay an aggregate of 4,193,695 Class B Ordinary Shares of Battery Future Acquisition Corp. in connection with the execution of the purchase agreement, effective immediately, the following officers and directors submitted the resignation of their respective offices: Greg Martyr as Chief Executive Officer and director, Kris Salinger as Chief Financial Officer and director, Josh Payne as Chief Operating Officer, Nick O’Loughlin as Chief Development Officer and each of Simon Hay, Jessica Fung, Erez Ichilov, Natalia Streltsova and Adrian Griffin as directors of Battery Future Acquisition Corp. Weiyi Zheng was appointed as Chief Executive Officer and Chairman of the Board and each of Hao Tian, Zixun Jin and Shengming Shi as independent directors of the Company. The closing of the transaction is conditional upon Battery Future Acquisition Corp and Warrant Holder terminating the private placement warrants on or prior to the closing. Kyle S. Gann of Winston & Strawn LLP acted as legal advisor to Battery Future Sponsor LLC and Pala Investments Limited. David Alan Miller and Jeffrey M. Gallant of Graubard Miller acted as legal advisor to Camel Bay. Camel Bay, LLC completed the acquisition of 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024.
お知らせ • Apr 08Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction.Class Over Inc. entered into a letter of intent to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on March 28, 2024. Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders for an enterprise value of approximately $140 million in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The transaction is subject to the Listing approvals of new shares, filing of registration statement effectiveness and expiration or termination of waiting period under HSR Act. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. The registration statement was declared effective on January 27, 2025. On February 21, 2025, Battery Future shareholders approved the transaction. Joshua Teitelbaum of RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Jeffrey M. Gallant, Eric T. Schwartz and David A. Miller of Graubard Miller and Nelson LLP are acting as legal advisors to BFAC. Continental Stock Transfer & Trust Company acted as Transfer Agent to Battery. Echo Hindle-Yang of RingRoad Corp. acted as due diligence provider for Battery Future. Cohen & Company acted as accountant to Battery Future. ClearTrust, LLC acted as proxy solicitor to BFAC. BFAC will pay ClearTrust, LLC a fee of $30,000, plus disbursements. Michael T. Studer CPA and WithumSmith+Brown acted as an auditors to Battery Future Acquisition. Bush & Associates CPA LLC acted as auditor to Class Over and Battery Future Acquisition in the transaction. Class Over Inc. completed the acquisition of Battery Future Acquisition Corp. (NYSE:BFAC) from a group of shareholders in a reverse merger transaction on April 7, 2025. Upon closing, Combined Company will Operate under the Name "Classover Holdings, Inc." and Class B Common Stock and Warrants of Classover Holdings are anticipated to begin trading on the Nasdaq Stock Market under the symbols "KIDZ" and "KIDZW," respectively. Classover will continue to provide world class educational technology under the leadership of its current management.
お知らせ • Apr 02Battery Future Acquisition Corp. announced delayed annual 10-K filingOn 04/01/2025, Battery Future Acquisition Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
New Risk • Aug 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$594k). Revenue is less than US$1m. Minor Risk Large one-off items impacting financial results.
お知らせ • May 16Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction.Class Over Inc. entered into a definitive business combination agreement to acquire Battery Future Acquisition Corp. (NYSE:BFAC) in a reverse merger transaction on May 12, 2024. The transaction will result in Class Over becoming a publicly traded company, expected to be listed on the New York Stock Exchange. Existing Class Over stockholders are rolling 100% of their equity into the combined company post business combination. Class Over’s management team, led by its founder and CEO Stephanie Luo, will continue to run the combined company after the transaction. The transaction is subject to, among other things, regulatory approval, the approval by Class Over’s and BFAC’s stockholders of the proposed merger, and the satisfaction or waiver of other customary closing conditions. The Class Over and BFAC Boards of Directors have unanimously approved the proposed transaction, which is expected to be completed in the second half of 2024. RPCK Rastegar Panchal, P.C. is acting as legal advisor to Class Over. Graubard Miller and Nelson LLP are acting as legal advisors to BFAC.
New Risk • Apr 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-US$8.1m). Revenue is less than US$1m.
お知らせ • Jan 19Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited.Camel Bay, LLC acquired 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024. Pursuant to the share purchase agreement, Battery Future Sponsor LLC and Pala Investments transferred to Camel Bay an aggregate of 4,193,695 Class B Ordinary Shares of Battery Future Acquisition Corp. in connection with the execution of the purchase agreement, effective immediately, the following officers and directors submitted the resignation of their respective offices: Greg Martyr as Chief Executive Officer and director, Kris Salinger as Chief Financial Officer and director, Josh Payne as Chief Operating Officer, Nick O’Loughlin as Chief Development Officer and each of Simon Hay, Jessica Fung, Erez Ichilov, Natalia Streltsova and Adrian Griffin as directors of Battery Future Acquisition Corp. Weiyi Zheng was appointed as Chief Executive Officer and Chairman of the Board and each of Hao Tian, Zixun Jin and Shengming Shi as independent directors of the Company. The closing of the transaction is conditional upon Battery Future Acquisition Corp and Warrant Holder terminating the private placement warrants on or prior to the closing. Kyle S. Gann of Winston & Strawn LLP acted as legal advisor to Battery Future Sponsor LLC and Pala Investments Limited. David Alan Miller and Jeffrey M. Gallant of Graubard Miller acted as legal advisor to Camel Bay. Camel Bay, LLC completed the acquisition of 20.9% stake in Battery Future Acquisition Corp. (NYSE:BFAC) from Battery Future Sponsor LLC and Pala Investments Limited on January 16, 2024.
Board Change • Dec 31High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Simon Hay is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Dec 22Battery Future Acquisition Corp. announced that it has received $0.15 million in funding from Pala Investments LimitedBattery Future Acquisition Corp. announced a private placement to issue an unsecured convertible promissory note at an issue price of $150,000 for the gross proceeds of $150,000 on December 20, 2023. The transaction included participation from returning investor Pala Investments Limited. Pursuant to the Note, company agreed to repay the outstanding principal amount of the Note on the earlier of the date of company's liquidation and the date on which the business combination is consummated. At any time on or prior to the Maturity Date, Pala may elect to convert the outstanding principal balance and interest accrued on the Note into warrants to purchase Class A ordinary shares at a conversion price equal to $1.00 per warrant, subject to availability. The Note bears interest at a rate of 10% per annum.
お知らせ • Dec 14Battery Future Acquisition Corp. Announces Resignation of Kristopher Salinger as Chief Financial OfficerOn December 8, 2023, Kristopher Salinger notified Battery Future Acquisition Corp. of his decision to resign as chief financial officer of the Company, effective immediately. Mr. Salinger’s decision to resign was not the result of any dispute or disagreement with the Company or any matter relating to the Company’s operations, policies or practices.
お知らせ • Dec 13Battery Future Acquisition Corp. Announces Resignation of Kristopher Salinger as DirectorOn December 8, 2023, Kristopher Salinger notified Battery Future Acquisition Corp. of his decision to resign as a director of the Company, effective immediately. Mr. Salinger’s decision to resign was not the result of any dispute or disagreement with the Company or any matter relating to the Company’s operations, policies or practices.
