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Binah Capital Group (Kingswood Acquisition) Priced, NYSE: BCG

Blank check company formed by Kingswood targeting the financial services industry (completed 3/19/2024).

Industry: SPAC

First Day Return: +0.3%

Industry: SPAC

We are a newly organized blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination. We believe that there are a significant number of target companies globally that could become attractive public companies, and we will seek to capitalize on the extensive operational and investment experience of our Founders and focus on companies that we believe are attractively valued and have significant growth prospects with the potential to generate robust value for our stockholders. Although we can acquire a company in any industry, we currently intend to concentrate our efforts on identifying businesses in the financial services industry with a focus on delivering differentiated financial services in the wealth management, financial advisory and investment management sectors to the mass affluent and private client investor community. Our management team is composed of disciplined acquirers with long-term track records of sourcing and acquiring value accretive businesses, building next-generation businesses across industries globally and generating significant returns for investors from those businesses.
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Binah Capital Group (Kingswood Acquisition) (BCG) Performance