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BACA – Berenson Acquisition Corp I

Not Compliant

Berenson Acquisition Corp I is not Shariah Compliant because of its involvement in Shell Companies and related activities.

Berenson Acquisition Corp. I is a blank check company. The Company is formed for the purpose of entering a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. It intends to focus on operating business in the software and technology-enabled services industry. The Company neither engages in any business operations nor generates any revenues.


Debt ÷ Market cap (MC)0
Non-Compliant Assets ÷ MC13.89