8i Acquisition 2 (Nasdaq:LAXX.U) - Stock Price, News & Analysis

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

LAXX.U Stock Overview

8i Acquisition 2 Corp. does not have significant operations. More details

LAXX.U fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Rewards

Revenue is forecast to grow 95.17% per year

Risk Analysis

Makes less than USD$1m in revenue ($0)

Has less than 1 year of cash runway

Negative shareholders equity

Shares are highly illiquid

+ 4 more risks

8i Acquisition 2 Corp. Competitors

Santech Holdings

NasdaqGM:STEC

US$28.0m

Hennessy Advisors

NasdaqGM:HNNA

US$78.7m

Distoken Acquisition

NasdaqGM:DIST

US$35.8m

Four Leaf Acquisition

NasdaqCM:FORL

US$45.1m

Price History & Performance

Summary of all time highs, changes and price drops for 8i Acquisition 2
Historical stock prices
Current Share Price	US$6.00
52 Week High	US$10.91
52 Week Low	US$5.17
Beta	0
11 Month Change	-42.69%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-40.71%

Recent updates

Shareholder Returns

	LAXX.U	US Capital Markets	US Market
7D	-20.2%	2.4%	2.0%
1Y	n/a	55.8%	32.4%

Return vs Industry: Insufficient data to determine how LAXX.U performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how LAXX.U performed against the US Market.

Price Volatility

Is LAXX.U's price volatile compared to industry and market?
LAXX.U volatility
LAXX.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.9%
10% least volatile stocks in US Market	3.1%

Stable Share Price: LAXX.U's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine LAXX.U's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	James Tan	www.8icorp.com

8i Acquisition 2 Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses primarily in Asia. The company was incorporated in 2021 and is based in Singapore.

8i Acquisition 2 Corp. Fundamentals Summary

How do 8i Acquisition 2's earnings and revenue compare to its market cap?
LAXX.U fundamental statistics
Market cap	US$57.69m
Earnings (TTM)	-US$1.76m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-32.7x

P/E Ratio

Is LAXX.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LAXX.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$1.76m
Earnings	-US$1.76m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.16
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-21.6%

How did LAXX.U perform over the long term?

See historical performance and comparison

8i Acquisition 2 NasdaqGM:LAXX.U Stock Report