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Black Hawk Acquisition Corporation (BKHA)



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Upturn Advisory Summary
08/13/2025: BKHA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 7.45% | Avg. Invested days 231 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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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 |
Upturn AI SWOT
Black Hawk Acquisition Corporation
Company Overview
History and Background
Black Hawk Acquisition Corporation is a blank check 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 was founded in 2020.
Core Business Areas
- SPAC: Black Hawk Acquisition Corporation is a special purpose acquisition company (SPAC). SPACs do not have operations; they are shell companies created to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company.
Leadership and Structure
The leadership team typically consists of experienced investors and executives who identify and evaluate potential target companies. The organizational structure is lean, focusing on deal origination and execution.
Top Products and Market Share
Key Offerings
- Initial Public Offering (IPO): Black Hawk Acquisition Corporation's main 'product' is its IPO which raises capital to acquire another business. Market share is not applicable for a SPAC. Competitors are other SPACs seeking acquisitions.
Market Dynamics
Industry Overview
The SPAC market is characterized by periods of high activity and volatility. The industry is influenced by investor sentiment, regulatory changes, and the availability of attractive target companies.
Positioning
Black Hawk Acquisition Corporation is positioned as a vehicle for private companies to go public through a reverse merger. Its competitive advantage depends on its management team's experience and ability to identify and execute a successful acquisition.
Total Addressable Market (TAM)
The TAM for SPACs is substantial, representing the total value of private companies that could potentially go public through this method. Black Hawk's position depends on its ability to identify and merge with a company that has high growth potential and strong financials.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Access to Capital
- Flexibility in Acquisition Targets
Weaknesses
- Dependence on Finding Suitable Target
- Dilution of Shareholder Value
- Regulatory Risk
Opportunities
- Growing Demand for Alternative Public Offerings
- Increasing Number of Private Companies Seeking Public Market Access
- Potential for High Returns on Successful Acquisitions
Threats
- Increased Competition from Other SPACs
- Unfavorable Market Conditions
- Regulatory Changes
Competitors and Market Share
Key Competitors
- CCAC
- FGNA
- SV
- TBA
Competitive Landscape
The competitive landscape for SPACs is highly fragmented. Success depends on the management team's expertise and network.
Growth Trajectory and Initiatives
Historical Growth: Growth is defined by identifying and completing an acquisition.
Future Projections: Future growth depends on the success of the acquired company's operations.
Recent Initiatives: Recent initiatives would involve searching for and evaluating potential acquisition targets.
Summary
Black Hawk Acquisition Corporation is a SPAC searching for an acquisition target. Its success hinges on its management team's ability to identify and execute a merger with a promising private company. The SPAC market is competitive, and regulatory risks exist. If they choose a good acquisition it can be a major win for investors. They have not successfully completed an acquisition to date.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Outlets
Disclaimers:
This analysis is based on publicly available information and is not financial advice. SPACs are inherently risky investments.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 - | Website https://www.bhspac.com |
Full time employees - | Website https://www.bhspac.com |
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.

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