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Finnovate Acquisition Corp. (FNVT) Stock Analysis

NASDAQFinancial ServicesShell Companies

$11.62+100.00%
1-year price historyRange $10.91 – $11.69
52-week range$11.62
$11.62$11.65

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What Finnovate Acquisition Corp. does

Finnovate Acquisition Corp. currently functions as a special purpose acquisition company, meaning it does not engage in substantial business activities independently. Its primary objective is to complete a significant business combination, such as a merger, asset purchase, or share exchange, with another company or companies. The firm is specifically targeting acquisition opportunities among businesses connected to Israel, with a strong emphasis on the financial technology (fintech) sector. This includes ventures in areas like digital payments, insurance technology (insuretech), wealth management technology (wealthtech), regulatory technology (regtech), digital banking services, fintech-as-a-service (FAAS), banking-as-a-service (BAAS), cybersecurity solutions for financial institutions, blockchain and cryptocurrency applications, algorithmic trading platforms, and various lending and credit provision platforms. Finnovate Acquisition Corp. was founded in 2021 and is based in George Town, located in the Cayman Islands.

Key metrics

Market cap
$25.93M
P/E (TTM)
145.25
EPS (TTM)
$0.08
Beta
0.01
Dividend yield
0.00%
Revenue / share
$0.00
50-day avg
$11.61
200-day avg
$11.53
52-week high
$11.65
52-week low
$11.62
CEO
Calvin Kung

ETFs linked to FNVT

Broad-market and Financial Services sector ETFs an investor holding Finnovate Acquisition Corp. is often also exposed to. Open an ETF page to see its actual top holdings.

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Frequently asked questions

What is the ticker symbol for Finnovate Acquisition Corp.?
Finnovate Acquisition Corp. trades under the ticker FNVT on NASDAQ.
Which exchange is FNVT listed on?
FNVT is listed on NASDAQ.
What sector does Finnovate Acquisition Corp. operate in?
Finnovate Acquisition Corp. is classified in the Financial Services sector (Shell Companies industry).
How can PortView help analyze FNVT in a portfolio?
PortView shows FNVT's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.