SPAC formed to acquire businesses in industrial or energy sectors.
Onyx Acquisition Co. I, based in New York, New York, currently operates without significant operational activities. The company's primary focus lies in facilitating business combinations such as mergers, share exchanges, asset acquisitions, share purchases, or reorganizations with one or more businesses or entities. Onyx Acquisition Co. I targets sectors within general industrials, including aerospace and defense, air freight and logistics, airlines, building products, commercial services and supplies, construction and engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road and rail, distributors, and transportation infrastructure, as well as the construction technology sector.
Founded as Jumpball Construction Tech and rebranded as Onyx Acquisition Co. I in 2021, the company aims to identify strategic opportunities that align with its investment criteria and market trends. By focusing on diverse industrial sectors, Onyx Acquisition Co. I seeks to leverage its resources and expertise to create value through targeted business combinations that drive growth and enhance shareholder value.
With a strategic presence in New York City, Onyx Acquisition Co. I continues to explore potential partnerships and opportunities within its targeted sectors. The company remains committed to executing transactions that capitalize on emmerging market dynamics and technological advancements, positioning itself as a key player in the evolving landscape of corporate mergers and acquisitions.