What is JACS's common stock issuance for private placement?

JACS (JACS) reported common stock issuance for private placement of $8.4M in Q4 2024.

What does common stock issuance for private placement mean?

Represents cash proceeds received from the private sale of equity securities, such as warrants or units, to institutional investors or sponsors. This is a critical funding source for SPACs to cover working capital and transaction costs prior to a merger.

JACS JACS Common stock issuance for private placement

Common stock issuance for private placement at other companies

ATI

Archimedes Tech SPAC Partners II Co. Ordinary SharesATII

$0-100%

BDC

BTC Development Corp. BDCI

$1.9M—

FCR

FutureCrest Acquisition FCRS

$7M—

SBX

SilverBox Corp SBXE

$1.95M—

New America Acquisition I NWAX

$6M—

KRAKacquisition KRAQ

——

Other financials

Income statement

See full

Operating income-$168.3K+18.4%

Net income$2.0M-11.6%

EPS (diluted)$0.07-12.5%

Balance sheet

See full

Cash & equivalents$393.5K-48.0%

Total equity$52.5K-91.0%

Total assets$245.2M+3.8%

Cash flow

See full

Operating cash flow-$128.3K+33.7%

Valuation

See full

Market cap$314.69M+3.3%

P/E35.5×—

Returns & leverage

See full

Return on equity2,785.2%—

Current ratio1.1×-1.2×

Where this comes from

Reported directly by JACS in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfPrivatePlacement.

The official record: JACS’s 10-K, filed March 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JACS's common stock issuance for private placement?: JACS (JACS) reported common stock issuance for private placement of $8.4M in Q4 2024.
What does common stock issuance for private placement mean?: Represents cash proceeds received from the private sale of equity securities, such as warrants or units, to institutional investors or sponsors. This is a critical funding source for SPACs to cover working capital and transaction costs prior to a merger.