Abony Acquisition Corp. I Class A Ordinary Share(AACO)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 51 days
PROFIT SINCE LAST BUY
+0.3% ▲
LAST CLOSE
$10
10/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for AACO

10/28/2026: AACO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Abony Acquisition Corp. I is a blank-check company, or SPAC, currently seeking a merger partner in the defense technology, software, and media sectors. The stock represents a bet on the management team's ability to identify and negotiate a deal for a company with an enterprise value of $750 million or more. While it benefits from a clean capital structure and a focused leadership strategy, the primary risks involve execution uncertainty and the potential for regulatory or market headwinds in the SPAC industry. It is best suited for speculative investors who want to capitalize on the team's expertise and monitor for a definitive merger announcement.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company currently holds cash and lacks the operational growth profile sought by traditional growth investors.
Momentum investorMixed fitStronger fit only if a highly anticipated merger target is announced, triggering positive price momentum.
Value investorMixed fitValuation is currently near trust value, which may provide a 'floor' but lacks traditional value metrics like P/E ratios.
Dividend investorWeak fitThe company does not pay dividends and is not structured for income-focused investors.
Low-risk investorMixed fitThe company offers limited downside risk tied to trust value, but poses significant execution risk regarding the success of a merger.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highShare prices are highly reactive to merger rumors or news, leading to unpredictable price swings.
Valuation riskMediumThe eventual market value of a post-merger company is highly uncertain and subject to market sentiment.
Competition risk (SPAC market competition)HighThe company must compete with many other blank check entities for a limited number of high-quality target businesses.
Business qualityMediumAs a shell company, the quality of the business depends entirely on the selection and performance of the future target.
Dividend incomeLow / noneThere is no dividend income as the company is focused on capital preservation and acquisition.
Execution riskHighFailure to identify or close a business combination within the required timeframe can lead to liquidation.

Price Behavior

Flat / Range-Bound
PRICE PATH

Flat / Range-Bound

The stock price has been trading within a narrow range with minimal directional movement.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 0.3%
Avg. Invested days 51
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
AACO receives a 2-star rating, reflecting soft or weak scores across the available pillars. The rating is constrained by weak unit economics, soft analyst coverage, and weak price momentum.

Company Fundamentals

★★★★★
AACO has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. Growth and ownership metrics are mixed: slightly negative earnings growth (+0.0%), soft cash generation (FCF margin 0.0%), slightly negative revenue growth (+0.0%).

Financial Health Rating

★★★★★
AACO's financial health is supported by strong efficiency, including operating-expense and cost-of-revenue discipline (opex 0.0% of revenue). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
AACO's growth profile is soft, with the least-weak measure being revenue growth at +0.0% year over year. By comparison, while earnings growth (+0.0%, slightly negative) and free-cash-flow growth (+0.0%, slightly negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 76.5% and approximately 82.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.96% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Magnetar Financial LLC 6.22%
Adage Capital Partners Gp LLC 5.74%
Linden Advisors LLC 4.30%
Cnh Partners, LLC 3.28%
Polar Asset Management Partners 3.19%

Unit Economics (Per $1K Revenue)

★★★★★
AACO generates approximately $0 of gross profit, $-0 of operating income, and $0 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
AACO has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 313.62M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 39.9K shares
Beta -
52 Weeks Range 9.84 - 10.00
Updated Date 10/28/2026
52 Weeks Range 9.84 - 10.00
Updated Date 10/28/2026
Dividends yield (FY) -
Basic EPS (TTM) -

How Company Makes Money

Business areaWhat it includesRetail investor read
Capital ManagementInterest earned on cash held in trust and management of IPO proceeds.The company does not generate operating revenue and essentially 'earns' money through the interest on cash set aside for an acquisition.

Valuation

Trailing PE -
Forward PE -
Enterprise Value 312.44M
Price to Sales(TTM) -
Enterprise Value 312.44M
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 23.70M
Shares Floating 19.48M
Shares Outstanding 23.70M
Shares Floating 19.48M
Percent Insiders 1.96
Percent Institutions 76.51

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.