DUET
DUET 1-star rating from Upturn Advisory

DUET Acquisition Corp (DUET)

DUET Acquisition Corp (DUET) 1-star rating from Upturn Advisory
$11.33
Last Close (24-hour delay)
Profit since last BUY3%
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BUY since 442 days
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Upturn Advisory Summary

02/11/2026: DUET (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

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

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Key Highlights

Company Size Small-Cap Stock
Market Capitalization 44.37M USD
Price to earnings Ratio 141.64
1Y Target Price -
Price to earnings Ratio 141.64
1Y Target Price -
Volume (30-day avg) -
Beta 0.06
52 Weeks Range 11.11 - 11.38
Updated Date 06/29/2025
52 Weeks Range 11.11 - 11.38
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.08
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Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.99%
Return on Equity (TTM) -

Valuation

Trailing PE 141.64
Forward PE -
Enterprise Value 47041907
Price to Sales(TTM) -
Enterprise Value 47041907
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -37.02
Shares Outstanding 1759590
Shares Floating 909140
Shares Outstanding 1759590
Shares Floating 909140
Percent Insiders -
Percent Institutions 68.61

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

DUET Acquisition Corp

DUET Acquisition Corp(DUET) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

DUET Acquisition Corp. is a special purpose acquisition company (SPAC) that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. It was incorporated on May 14, 2021. As a SPAC, its primary goal is to identify and acquire a target company in a specific industry, which may involve industries like technology, media, and telecommunications, or other growth-oriented sectors. The company's evolution is intrinsically tied to its ability to find and successfully merge with a suitable private entity. The SPAC structure involves raising capital through an Initial Public Offering (IPO) and then using those funds to complete an acquisition within a specified timeframe, typically 18-24 months.

Company business area logo Core Business Areas

  • SPAC Operations: DUET Acquisition Corp's core business is to identify, evaluate, and execute a business combination with one or more target businesses. This involves due diligence, negotiation, and securing financing for the transaction. The company does not have any operational business of its own until a merger is completed.

leadership logo Leadership and Structure

As a SPAC, DUET Acquisition Corp. has a management team focused on deal sourcing, due diligence, and transaction execution. Specific leadership details, including the CEO, CFO, and Board of Directors, are typically disclosed in their SEC filings, such as the S-1 registration statement for their IPO. The organizational structure is lean, primarily consisting of individuals with expertise in finance, legal, and M&A.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • SPAC Sponsorship and Acquisition Services: DUET Acquisition Corp. offers the service of facilitating a business combination for its shareholders by acquiring a private company and taking it public through a reverse merger. Market share data for SPACs is not typically measured by products, but rather by the number of SPACs formed and the capital they raise. Competitors are other SPACs seeking target companies and the investment banks that underwrite their IPOs and M&A advisory services.

Market Dynamics

industry overview logo Industry Overview

DUET Acquisition Corp. operates within the broader financial services industry, specifically the Special Purpose Acquisition Company (SPAC) market. The SPAC market experienced significant growth in recent years, driven by a desire for faster public market access and unique investment opportunities. However, the market is subject to regulatory scrutiny and investor sentiment, which can impact the formation and success rate of SPACs.

Positioning

DUET Acquisition Corp. is positioned as a facilitator for private companies seeking to go public. Its competitive advantage lies in its management team's expertise, network, and ability to identify promising target companies. Its success is contingent on its ability to execute a favorable business combination within its specified timeframe.

Total Addressable Market (TAM)

The Total Addressable Market (TAM) for SPACs is effectively the universe of private companies seeking to go public and the capital available from investors for such transactions. It's a dynamic market influenced by economic conditions, regulatory environments, and investor appetite for IPOs. DUET Acquisition Corp. is positioned to target a segment of this market, aiming to merge with a private company that aligns with its investment thesis and offers growth potential.

Upturn SWOT Analysis

Strengths

  • Experienced management team with expertise in finance and M&A.
  • Access to capital raised through its IPO.
  • Flexibility in acquiring companies across various sectors.

Weaknesses

  • Lack of an established operating business until a merger is completed.
  • Dependence on finding a suitable target company within a limited timeframe.
  • Reputational risk if a business combination fails or underperforms.

Opportunities

  • Identify undervalued private companies seeking public listing.
  • Capitalize on market trends and emerging industries.
  • Leverage its SPAC structure for efficient M&A.

Threats

  • Increased regulatory scrutiny of SPACs.
  • Market volatility and unfavorable economic conditions impacting IPOs.
  • Competition from other SPACs and traditional IPO routes.

Competitors and Market Share

Key competitor logo Key Competitors

  • Other SPACs currently seeking business combinations.
  • Companies pursuing traditional IPOs.
  • Investment banks that advise on M&A and IPOs.

Competitive Landscape

DUET Acquisition Corp. competes with a large and growing number of SPACs for suitable acquisition targets. Its ability to compete depends on the strength and strategic fit of its management team, its financial resources, and its ability to offer attractive terms to potential merger partners. The competitive landscape is dynamic and influenced by broader market conditions and regulatory changes affecting SPACs.

Growth Trajectory and Initiatives

Historical Growth: As a SPAC, DUET Acquisition Corp.'s 'historical growth' is defined by its journey from formation, IPO, and its ongoing search for a target company. Significant growth milestones would be the completion of its IPO and a successful business combination.

Future Projections: Future projections for DUET Acquisition Corp. are speculative and entirely dependent on the nature of the target company it acquires. Analyst projections would focus on the growth prospects of the post-merger entity. Without a target identified, specific growth projections are not available.

Recent Initiatives: Recent initiatives for DUET Acquisition Corp. would likely involve active engagement in identifying potential acquisition targets, conducting due diligence, and potentially negotiating with prospective companies. This could include hiring advisors and conducting market research.

Summary

DUET Acquisition Corp. is a special purpose acquisition company focused on identifying and merging with a private entity. Its current strength lies in its access to capital and its management's M&A expertise. However, it faces significant challenges in finding a suitable target within its timeframe and navigating the evolving regulatory landscape for SPACs. Its future success hinges entirely on the execution of a successful business combination and the subsequent performance of the merged company.

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Sources and Disclaimers

Data Sources:

  • SEC Filings (e.g., S-1, 8-K)
  • Financial news and data providers

Disclaimers:

This JSON output is based on publicly available information and general knowledge of SPAC operations. It is not financial advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Market share data for SPACs is not readily available in a comparable format to operating companies. The 'Market Share (%)' for DUET Acquisition Corp. in the 'Market Share Comparison' section is left null as it is not applicable in its current pre-merger state.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About DUET Acquisition Corp

Exchange NASDAQ
Headquaters -
IPO Launch date 2022-03-17
Co-CEO, President, Secretary & Treasurer Mr. Yeoh Oon Lai
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

DUET Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology sector. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.