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Black Hawk Acquisition Corporation Rights (BKHAR)


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Upturn Advisory Summary
10/15/2025: BKHAR (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 21.33% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.91M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 0.85 - 2.79 | Updated Date 06/28/2025 |
52 Weeks Range 0.85 - 2.79 | Updated Date 06/28/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
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 - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 1380000 | Shares Floating 6464512 |
Shares Outstanding 1380000 | Shares Floating 6464512 | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Black Hawk Acquisition Corporation Rights
Company Overview
History and Background
Black Hawk Acquisition Corporation was 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 is not an operating company and has no revenues. The rights entitled the holder to receive one-tenth (1/10) of one share of common stock upon consummation of an initial business combination. Black Hawk Acquisition Corp. ultimately did not find a target and dissolved. Trading of their units, stock, and rights was suspended on 01/12/2024 and the ticker symbol was changed to BHACZ.
Core Business Areas
Leadership and Structure
Black Hawk Acquisition Corporation was led by its CEO, Dean Cirotta, and CFO, Steven Cannon. Being a SPAC, its organizational structure was relatively simple, focused on deal origination and execution.
Top Products and Market Share
Key Offerings
Market Dynamics
Industry Overview
The SPAC market experienced significant growth and volatility, attracting both institutional and retail investors. However, recent regulatory scrutiny and market correction have increased challenges for SPACs.
Positioning
As a SPAC, Black Hawk Acquisition Corporation's positioning was dependent on its ability to identify and merge with a promising target company. Since it failed to do so, it no longer has a position.
Total Addressable Market (TAM)
N/A
Upturn SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
Competitors and Market Share
Key Competitors
Competitive Landscape
N/A
Growth Trajectory and Initiatives
Historical Growth: N/A
Future Projections: N/A
Recent Initiatives: N/A
Summary
Black Hawk Acquisition Corporation was a typical SPAC that failed to find a suitable acquisition target. Due to adverse market conditions and perhaps, a lack of viable opportunities, the company was liquidated, returning capital to shareholders. The SPAC's rights became worthless upon dissolution of the company, and they no longer trade. The company faces no more risk because it is dissolved.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Press Releases
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. The analysis is based on publicly available information and assumptions.
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 Rights
Exchange NASDAQ | Headquaters Danville, CA, United States | ||
IPO Launch date 2024-05-13 | CEO, CFO, & Chairman Mr. Kent Louis Kaufman | ||
Sector - | Industry - | 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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