AltEnergy Acquisition Corp.

AltEnergy Acquisition Corp.

AEAE
AltEnergy Acquisition Corp.US flagOther OTC
12.01
USD
- -
- -
72.22MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.45
0.17
-0.4
-0.37
-0.39
Free Cash Flow per Basic Share
- -
-0.05
-0.18
-0.26
-0.28
-0.28
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
7.89
0.34
-1.11
-1.96
-2.18
Tangible Book Value per Share
- -
7.89
0.34
-1.11
-1.96
-2.18
Basic Weighted Avg Shares
- -
29
14
7
6
6
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
13
2
-3
-2
-2
Effective Tax Rate (%)
- -
4.67
25.83
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
Working Capital
1
- -
-4
-8
-10
-11
LT Debt
- -
- -
- -
- -
- -
- -
Total Equity
214
227
5
-7
-12
-14
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
5.83
2.14
- -
- -
- -
Return on Common Equity (%)
- -
5.83
2.13
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
4
4
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
76
76
76

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
10
10
11
Payables & Accruals
7
7
7
ST Debt
3
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
66.52%
Free Cash Flow
- -
- -
1.73%
Net Income, GAAP
- -
- -
-13.28%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
-0.03
-0.11
- -
-0.4
2025
-0.18
-0.1
-0.06
- -
-0.37
2026
-0.2
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Russell Stidolph
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
600 Lexington Avenue New York City NY United States of America 10022
IPO Date
Dec 13, 2021
Business
AltEnergy Acquisition Corp (NASDAQ:AEAE) is a blank check company, or special purpose acquisition company, formed in 2021 and headquartered in New York that seeks to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on alternative energy technologies and infrastructure globally, particularly targets with enterprise values of $400 million to $1 billion; it holds cash in trust for distribution to public stockholders upon such combination or liquidation and operates without significant revenue-generating activities. The company leverages the expertise of its sponsor, AltEnergy LLC, and management team led by CEO and Chairman Russell Stidolph in biofuels, renewable power generation, demand response software, transmission infrastructure and energy storage sectors. In February 2024, it entered a definitive business combination agreement valued at approximately $183 million in enterprise value with Car Tech LLC, a US-based manufacturer of stamped auto-body parts and subsidiary of Korea's Shinyoung Co Ltd that supplies Tier 1 OEMs including BMW and plans EV battery-related components for Ford's BlueOval SK venture; multiple deadline extensions were approved through May 2025 to consummate the deal, including a $50 million PIPE requirement and sponsor share forfeitures, but Car Tech terminated the merger on June 16, 2025, prompting AltEnergy to continue seeking alternative business combinations, with its latest extension pushing the completion deadline to May 2026.

Company News

APIChat
  • Car Tech, LLC and AltEnergy Acquisition Corp Announce Definitive Business Combination Agreement to List Merged Company on the NASDAQ Capital Market