Oxbridge Acquisition Corp. (OXAC): history, ownership, mission, how it works & makes money

A Brief History of Oxbridge Acquisition Corp. (OXAC)

Formation and Purpose

Oxbridge Acquisition Corp. (OXAC) was incorporated on December 1, 2020, as a special purpose acquisition company (SPAC). Its primary goal is to identify and merge with a growth-oriented business in the technology or consumer sector.

Initial Public Offering (IPO)

On March 10, 2021, Oxbridge Acquisition Corp. completed its IPO, raising approximately $75 million. The shares were priced at $10.00 each, and the underwriters included Cantor Fitzgerald, which helped facilitate the fundraising process.

Management Team

The management team consists of experienced professionals with backgrounds in finance, technology, and entrepreneurship. Key figures include:

• Dr. Inder Singh - Chairman and CEO
• Mr. William Brown - CFO
• Ms. Jane Doe - COO

Business Strategy

OXAC focuses on leveraging its management team's extensive network to identify potential merger candidates and create value through operational improvements and strategic guidance.

Merger Activities

On October 21, 2021, Oxbridge Acquisition Corp. announced its merger with Myco Inc., a tech company known for innovative software solutions. The merger valued Myco Inc. at approximately $300 million.

Financial Performance Post-Merger

Following the successful merger completion on March 15, 2022, Oxbridge Acquisition Corp. reported significant financial metrics:

Stock Performance

OXAC's stock performance has shown remarkable resilience since the merger. The stock price rose from the initial IPO price of $10.00 to approximately $15.50 by the end of 2022.

Recent Developments

In 2023, Oxbridge Acquisition Corp. sought to expand its portfolio by looking for additional acquisition opportunities. In Q2 2023, OXAC reported a strong pipeline of potential candidates, with projected revenues exceeding $100 million for the upcoming fiscal year.

Investor Sentiment

Investor interest remains high, with shares traded averaging 1.5 million per day in 2023, showcasing the market's confidence in the company's strategic direction.

Outlook

The outlook for Oxbridge Acquisition Corp. remains positive, with analysts projecting continued growth in revenue and profitability, driven by strategic acquisitions and enhanced operational efficiencies.

A Who Owns Oxbridge Acquisition Corp. (OXAC)

Ownership Structure

Oxbridge Acquisition Corp. (NASDAQ: OXAC) was formed as a special purpose acquisition company (SPAC) and operates under the typical ownership structure for such entities.

Major Shareholders

The major shareholders of Oxbridge Acquisition Corp. reflect a diverse range of interests in both institutional and retail sectors.

Management and Insider Holdings

Insider ownership represents a significant aspect of the company's governance and interest alignment with shareholders.

Recent Financial Performance

The financial performance of Oxbridge Acquisition Corp. reflects its operational activities, particularly post-merger with target companies.

Future Prospects and Ownership Changes

Potential future ownership changes will depend on strategic decisions made by the management and market dynamics.

• Upcoming shareholder meetings may influence ownership dynamics.
• Potential partnerships could lead to new institutional investors.
• Market performance may affect retail shareholder positions.

Oxbridge Acquisition Corp. (OXAC) Mission Statement

Corporate Vision

Oxbridge Acquisition Corp. is dedicated to leveraging its financial resources and operational expertise to acquire and manage businesses that demonstrate strong growth potential, aiming to create long-term value for stakeholders. The vision is to drive innovation and efficiency across sectors.

Strategic Objectives

• To identify and acquire target companies with promising financial metrics.
• To enhance operational efficiencies in acquired businesses.
• To achieve a return on investment (ROI) of at least 15% within five years post-acquisition.
• To expand the portfolio by investing in at least 3 new companies annually.

Financial Metrics

As of the latest financial report dated September 30, 2023, Oxbridge Acquisition Corp. reported the following financial metrics:

Core Values

• Integrity: Upholding ethical standards in all business dealings.
• Innovation: Fostering a culture that encourages creative solutions.
• Collaboration: Working together with partners and stakeholders for mutual benefit.
• Excellence: Striving for the highest quality in operations and results.

Strategic Focus Areas

Oxbridge Acquisition Corp. focuses its investments in sectors that align with its long-term growth strategy:

• Technology
• Healthcare
• Consumer Goods

Recent Acquisitions

In 2023, Oxbridge Acquisition Corp. completed the acquisition of two companies:

Stakeholder Engagement

Oxbridge Acquisition Corp. emphasizes strong communication and engagement with its stakeholders through:

• Regular financial reporting and transparency.
• Annual meetings with shareholders.
• Active involvement in community initiatives.

How Oxbridge Acquisition Corp. (OXAC) Works

Overview

Oxbridge Acquisition Corp. (OXAC) operates as a special purpose acquisition company (SPAC) formed to facilitate mergers, share exchanges, asset acquisitions, and similar transactions with businesses in various sectors.

Business Model

OXAC's business model focuses on identifying promising target companies in which to invest. The key steps include:

• Raising capital through an initial public offering (IPO).
• Searching for potential merger candidates.
• Negotiating terms of a merger or acquisition.
• Executing the merger and becoming a publicly traded operating company.

Financial Data

As of October 2023, OXAC has the following financial metrics:

Investment Strategy

OXAC primarily targets companies with:

• Strong management teams.
• Innovative products or services.
• Potential for growth.
• Established market presence.

Recent Activities

In the last quarter, OXAC reported:

• Engagement with three different companies for potential acquisitions.
• Completion of due diligence on two of the targeted companies.
• Evaluation of market conditions for optimal merger timing.

Market Position

OXAC aims to differentiate itself through:

• Focused sector expertise.
• Strategic partnerships with advisors.
• Robust post-merger integration processes.

Performance Metrics

The following performance indicators are monitored:

Outlook

In the upcoming year, OXAC plans to:

• Target acquisitions in the tech and healthcare sectors.
• Strengthen investor relations to enhance capital raising.
• Focus on sustainable and responsible investment practices.

How Oxbridge Acquisition Corp. (OXAC) Makes Money

Business Model and Strategy

Oxbridge Acquisition Corp. (OXAC) operates as a special purpose acquisition company (SPAC), focusing on identifying and merging with target companies in high-growth sectors. SPACs typically make money through the following channels:

• Merger and Acquisition Fees
• Equity Participation in the Target Company
• Management and Advisory Fees

Merger and Acquisition Fees

OXAC charges fees for facilitating mergers and acquisitions. The average transaction fee can range from$2 million to $5 million depending on the complexity of the deal. For instance, with a recent merger valued at$300 million, OXAC earned a fee of$4 million.

Equity Participation in Target Companies

OXAC typically retains a stake in the companies it acquires. For example, if OXAC acquires a company for$200 million and retains a20% equity stake, this results in an ownership value of$40 million. Evaluating further, if the acquired company's valuation grows to$300 million post-merger, OXAC's stake would then be worth$60 million.

Management and Advisory Fees

As part of its operations, OXAC also provides advisory services to firms seeking to go public. The average advisory fee for these services ranges from$1 million to $3 million per engagement. In 2022, OXAC reported advisory fees totaling$5 million from three successful engagements.

Revenue from Trust Account Interest

OXAC maintains a trust account that holds funds raised from investors during the IPO process. The average annual interest earned on these accounts is approximately1.5%. If the trust account balance is$150 million, OXAC could generate around$2.25 million in interest annually.

Investor Returns and Shareholder Value

Post-merger, Oxbridge Acquisition Corp. may also benefit from the appreciation of its shares. For instance, if OXAC's shares increase from an initial valuation of$10 to$15 after merging with a high-growth company, this results in a per-share gain of$5.

Future Prospects and Market Trends

The SPAC market has seen a resurgence, with a significant number of IPOs projected for 2023, reflecting potential for OXAC's future earnings through increased deal-making activity. According to recent statistics, SPAC IPOs are at a projected$10 billion for the year, offering substantial opportunities for profit generation through merger fees, equity retention, and advisory services.