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BKHA
Upturn stock rating

Black Hawk Acquisition Corporation (BKHA)

Upturn stock rating
$11.1
Last Close (24-hour delay)
Profit since last BUY8.82%
upturn advisory
Consider higher Upturn Star rating
BUY since 274 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

10/14/2025: BKHA (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 8.82%
Avg. Invested days 274
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 96.17M USD
Price to earnings Ratio 29.92
1Y Target Price -
Price to earnings Ratio 29.92
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 10.12 - 10.89
Updated Date 06/29/2025
52 Weeks Range 10.12 - 10.89
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.36

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -1%
Return on Equity (TTM) -

Valuation

Trailing PE 29.92
Forward PE -
Enterprise Value 96361313
Price to Sales(TTM) -
Enterprise Value 96361313
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 8929500
Shares Floating 6464512
Shares Outstanding 8929500
Shares Floating 6464512
Percent Insiders 26.21
Percent Institutions 72.12

ai summary icon Upturn AI SWOT

Black Hawk Acquisition Corporation

stock logo

Company Overview

overview logo History and Background

Black Hawk Acquisition Corporation was a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It ceased to exist when it completed a merger.

business area logo Core Business Areas

leadership logo Leadership and Structure

As a SPAC, Black Hawk Acquisition Corporation had a management team focused on deal origination and execution. Structure was relatively simple, typical of SPACs.

Top Products and Market Share

overview logo Key Offerings

Market Dynamics

industry overview logo Industry Overview

SPAC market activity fluctuates based on overall market conditions, regulatory environment, and investor appetite for alternative investment vehicles.

Positioning

Black Hawk Acquisition Corporation's positioning depended on the target it was pursuing. As a SPAC, it competed with other SPACs and traditional IPOs for target companies.

Total Addressable Market (TAM)

The TAM for SPACs is the total market value of potential target companies suitable for going public via SPAC mergers. This is hard to quantify but in the hundreds of billions, with Black Hawk Acquisition Corporation just a single player within the market trying to make a single acquisition.

Upturn SWOT Analysis

Strengths

  • Experienced management team (prior to merger)
  • Access to capital (prior to merger)
  • Potential for high returns (prior to merger)

Weaknesses

  • No operating history (prior to merger)
  • Reliance on finding a suitable target (prior to merger)
  • Potential for shareholder dilution (prior to merger)

Opportunities

  • Acquire a high-growth company (prior to merger)
  • Benefit from favorable market conditions (prior to merger)
  • Create shareholder value through operational improvements (prior to merger)

Threats

  • Inability to find a suitable target (prior to merger)
  • Unfavorable market conditions (prior to merger)
  • Regulatory changes (prior to merger)
  • Increased competition from other SPACs (prior to merger)

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

Black Hawk Acquisition Corporation competed with other SPACs for attractive target companies.

Growth Trajectory and Initiatives

Historical Growth: N/A, as the SPAC's growth is solely dependent on completing a successful merger.

Future Projections: Future projections are tied to the performance of the merged entity, not the SPAC itself.

Recent Initiatives: Initiatives focused on identifying and evaluating potential target companies (prior to merger).

Summary

Black Hawk Acquisition Corporation was a special purpose acquisition company (SPAC) designed to find a company to merge with. Its success was contingent upon finding an appropriate target company and executing a successful merger. Prior to the merge, it was primarily a financial vehicle with a short lifespan and limited operational activity. The company's performance was inherently tied to the performance of the merged entity, making an independent assessment difficult. Investor returns depended almost entirely on deal selection and execution.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings related to Black Hawk Acquisition Corporation
  • SPAC data aggregators (e.g., SPAC Track, Boardroom Alpha)

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. The information pertains to the SPAC *before* any potential merger. After a merger, analysis should focus on the surviving operating company.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Black Hawk Acquisition Corporation

Exchange NASDAQ
Headquaters Danville, CA, United States
IPO Launch date 2024-05-13
CEO, CFO, & Chairman Mr. Kent Louis Kaufman
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Black Hawk Acquisition Corporation is a blank check company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Black Hawk Acquisition Corporation was incorporated in 2023 and is based in Danville, California.