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CH-AUTO Technology Corporation

Closed (deSPAC)

Chinese automotive design and electric vehicle manufacturer

What it is
A private company in chinese automotive design and electric vehicle manufacturer preparing to list via a SPAC merger. Full profile in progress.
What it’s doing now
Merging with Mountain Crest Acquisition Corp. IV (MCAF) — closed (despac), announced Oct 3, 2023.
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.
Profile in progress — we only publish what we can verify in filings, and for this company that work isn’t finished. Identity and deal facts above are current; business detail, financials and peers will appear as the filings are parsed.

The deal it’s entering

CH-AUTO Technology Corporation is merging with Mountain Crest Acquisition Corp. IV (MCAF) currently marked Closed (deSPAC).

Headline equity value$931M
Post-close tickerQTM

How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Was this deal done at an expensive or a cheap valuation?

SpacBrain’s read on the price

No multiple can be computed

We hold no revenue figure in US dollars for CH-AUTO Technology Corporation Ltd., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $930.6M regardless.

We have not extracted a revenue figure for this company from its filings yet. That is our gap, not a statement about the business.

What the buyers are paying for the whole company$930.6M

Announced equity value (net debt unknown).

Divided by what the company actually sells in a yearno revenue figure on file

Not extracted from the filings yet.

= what this deal pays for every dollar of those salesno multiple

Not computable — no revenue figure has been extracted from the filings yet.

What the stock market pays for its closest listed peersno comparable multiple

No listed comparable carries a revenue multiple we can use.

What qualifies the figures above

  • The target's cash and debt are not in the filings we have, so this is an equity value used as a stand-in for enterprise value.

Common questions

Is CH-AUTO Technology Corporation going public?

CH-AUTO Technology Corporation has an approved merger with the SPAC Mountain Crest Acquisition Corp. IV (MCAF), announced Oct 3, 2023. The combined company expects to trade as QTM. Deal status: Closed (deSPAC).

What is CH-AUTO Technology Corporation's SPAC deal valuation?

The announced headline equity value is $931M.

Was CH-AUTO Technology Corporation bought at an expensive or a cheap valuation?

We hold no revenue figure in US dollars for CH-AUTO Technology Corporation Ltd., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $930.6M regardless.

Does CH-AUTO Technology Corporation have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.