Handelsavisen
prelaunch
Companies ›Financials ›EMCGF.PK
EM
EMCGF.PK — OTC Investment Holding Companies

Embrace Change Acquisition Corp

$11,21
Open in Charts → Attach watcher ⌖
— —
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
—
Op margin
—
ROE
0,9 %
Net margin
—
Debt / equity
0,01
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About

Embrace Change Acquisition Corp is a special purpose acquisition company (SPAC) that raises capital through an initial public offering (IPO) to acquire an existing private operating company.

Business. Embrace Change Acquisition Corp (EMCGF.PK) is an investment holding company operating within the Financials sector. The firm is listed on the OTC market under the ticker EMCGF.PK. Specific details regarding its operating segments, headquarters location, or geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an investment holding entity.

Classification92 %
SectorFinancials
Business sectorInvestment Holding Companies
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
0,9 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning EMCGF.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to EMCGF.PK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Embrace Change Acquisition Corp (EMCGF.PK) is an investment holding company operating within the Financials sector. The firm is listed on the OTC market under the ticker EMCGF.PK. Specific details regarding its operating segments, headquarters location, or geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an investment holding entity.

    Classification92 %
    SectorFinancials
    Business sectorInvestment Holding Companies
    AI synthesis
    GENERATED

    ### Capital Structure and Liquidity Embrace Change Acquisition Corp has a total equity of $52.1 million and total liabilities of $4.1 million, resulting in a debt-to-equity ratio of 0.01, indicating a very low level of leverage. The company's liquidity is assessed as medium, with a current ratio of 0.0, suggesting potential short-term liquidity constraints.

    ### Profitability and Returns The company reported a net income of $455,120 and an operating income of -$325,110, indicating a loss from operations but a profit overall. Return on equity (ROE) is 0.87%, and return on assets (ROA) is 0.81%, both below the typical thresholds for investment holding companies.

    ### Segments and Geographic Exposure As a SPAC, Embrace Change Acquisition Corp does not disclose specific business segments or geographic revenue breakdowns in its financial statements. The company's operations are primarily focused on raising capital and identifying a target for acquisition.

    ### Growth Trajectory The company's growth trajectory is speculative, as it is in the process of seeking a target for acquisition. There are no disclosed revenue growth rates or future financial projections in the available data.

    ### Risk Factors The company faces medium liquidity risk, as indicated by its current ratio of 0.0. The risk of dilution is assessed as low, with no significant dilution events reported in the available data. The key financial flag is the negative net cash position after subtracting total debt, which could impact the company's ability to meet short-term obligations.

    ### Recent Events There are no recent filings or transcripts available in the provided data to indicate significant recent events affecting the company.

    Key takeaways
    • Embrace Change Acquisition Corp is a SPAC with a low debt-to-equity ratio and medium liquidity risk.
    • The company reported a net income of $455,120 but an operating loss of $325,110.
    • Return on equity and return on assets are below typical thresholds for investment holding companies.
    • The company's growth trajectory is speculative, as it is in the process of seeking a target for acquisition.
    • There are no disclosed business segments or geographic revenue breakdowns.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation FY

    Market price
    $11,21
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    $52.1M
    Net cashⓘ
    -$400.1k
    Current ratioⓘ
    0.0
    Debt / equityⓘ
    0.0
    ROAⓘ
    0.8%
    ROEⓘ
    0.9%
    Cash conversionⓘ
    -77.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE0,9 %Below median
    D/E0,01Below median
    Cash Conv-0,77Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • Embrace Change Acquisition Corp Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    42shares short0.0% vs prior
    1days to cover
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    EMCGF.PKCanonical
    OTC · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    • Total liabilities (YoY) (2024-12-31 vs 2023-12-31): 43.0%Derived (calculated)
    • Shareholders' equity (YoY) (2024-12-31 vs 2023-12-31): -41.6%Derived (calculated)
    • Current ratio (FY 2024-12-31): 0.02xDerived (calculated)
    • Return on assets (FY 2024-12-31): 5.5%Derived (calculated)
    • Return on equity (FY 2024-12-31): -24.8%Derived (calculated)
    • Total assets (YoY) (2024-12-31 vs 2023-12-31): -53.5%Derived (calculated)
    • Debt-to-equity (FY 2024-12-31): -1.01xDerived (calculated)
    • Operating income (YoY) (2024-12-31 vs 2023-12-31): 48.1%Derived (calculated)
    • Net income (YoY) (2024-12-31 vs 2023-12-31): -40.5%Derived (calculated)
    • Operating cash flow (YoY) (2024-12-31 vs 2023-12-31): -50.1%Derived (calculated)
    • Shareholders' equity (annual): USD -5.82MSEC XBRL filing
    • Current assets (annual): USD 66.98KSEC XBRL filing
    • Interest expense (annual): USD 4.66KSEC XBRL filing
    • Operating income (annual): USD -551.66KSEC XBRL filing
    • Total assets (annual): USD 26.15MSEC XBRL filing
    • Operating cash flow (annual): USD -528.85KSEC XBRL filing
    • Net income (annual): USD 1.44MSEC XBRL filing
    • Total liabilities (annual): USD 5.89MSEC XBRL filing
    • Shares outstanding (annual): 2.3MSEC XBRL filing
    • Current liabilities (annual): USD 2.92MSEC XBRL filing
    • Return on equity (FY 2023-12-31): -58.9%Derived (calculated)
    • Shareholders' equity (YoY) (2023-12-31 vs 2022-12-31): -75.7%Derived (calculated)
    • Total assets (YoY) (2023-12-31 vs 2022-12-31): -26.9%Derived (calculated)
    • Operating cash flow (YoY) (2023-12-31 vs 2022-12-31): -78.4%Derived (calculated)
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage