PROTONIQ Acquisition Corp.

General Information

(Note: PROTONIQ Acquisition Corp. withdrew its plans for a SPAC IPO in an SEC filing dated Aug.16, 2023. The F-1 was filed on July 25, 2022.)

We are a new blank check company, based in Ashfield, Australia, with a particular focus on the Asia-Pacific (APAC) region. We intend to concentrate on identifying technology businesses in the financial services industry with a focus on delivering differentiated financial services in the wealth management, financial advisory and investment management sectors. (Incorporated in the Cayman Islands) 

Note: Each unit has an offering price of $10.00 and consists of one Class A ordinary share, one-half of one redeemable warrant and one right as described in more detail in this prospectus.

Our sponsor is controlled by Babar Ali, a non-U.S. person. We may not be able to complete an initial business combination with a U.S. target company since such initial business combination may be subject to U.S. foreign investment regulations and review by a U.S. government entity, such as the Committee on Foreign Investment in the United States (CFIUS), and ultimately prohibited. 

Babar Ali, our CEO and director, has over 20 years of experience in the wealth management and FinTech industries. From June 2019 through January 2022, he served as executive director on the Risk and Audit Committee of NewQuantum Holdings, a wealth management solutions provider. In his advisory role, he provides leadership to successfully achieve the product market fit. From January 2018 until June 2019, Mr. Ali served as Founder and head of trading at Goodments Pty Ltd, an investing app designed to promote ESG investing.

Atle Crowe- Maxwell, our CFO and director, has over 30 years insolvency, forensic accounting, and business advisory experience. Since July 2020, he has served as managing director at DBA Reconstruction and Advisory, an international professional service outsourcing firm. I

(Note: PROTONIQ Acquisition Corp. filed its S-1 on July 25, 2022. Its confidential IPO filing was on June 7, 2022. PROTONIQ Acquisition expects to list its stock on the NASDAQ under the proposed symbol “PROQ” and its warrants under the proposed symbol “PROQW” and its rights under the proposed symbol “PROQR,” according to the S-1/A filing dated Oct. 20, 2022.) 


Employees: 0
Founded: 2022
Contact Information
Address 79 Queen St, Ashfield, NSW, 2131
Phone Number 1 646 492 8693
Web Address
View Prospectus: PROTONIQ Acquisition Corp.
Financial Information
Market Cap $130.11mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol PROQU
Exchange NASDAQ
Shares (millions): 10.0
Price range $10.00 - $10.00
Est. $ Volume $100.0 mil
Manager / Joint Managers JonesTrading
Expected To Trade:
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change