Endurance Acquisition Corp. (EDNC) Stock Analysis
DELISTED 2022
What happened to Endurance Acquisition Corp. (EDNC) stock?
Endurance Acquisition Corp. (EDNC) no longer trades on public markets. It was delisted in October 2022. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Endurance Acquisition Corp. (EDNC) trades at $8.29. Endurance Acquisition Corp. is a shell company focused on mergers, acquisitions, and similar business combinations, particularly within the space and wireless technology sectors. Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for EDNC: EDNC does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EDNC against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
EDNC: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.
How is this calculated? →Endurance Acquisition Corp. (EDNC) Financial Services Profile
Endurance Acquisition Corp., now a subsidiary of SatixFy Israel Ltd., operates as a shell company targeting mergers and acquisitions within the high-growth space and wireless technology sectors, focusing on data infrastructure, analytics, and big data, but currently has no significant independent operations.
What Is the Investment Thesis for EDNC?
Endurance Acquisition Corp.'s investment thesis is now intertwined with that of its acquirer, SatixFy Israel Ltd. The value driver lies in SatixFy's ability to leverage the shell company structure for strategic acquisitions and growth within the space and wireless technology sectors. Key catalysts include successful integration of acquired businesses and expansion into new markets. However, potential risks include integration challenges, regulatory hurdles, and market volatility affecting the valuation of target companies. Investors should monitor SatixFy's performance and strategic decisions to assess the long-term value of the acquisition.
Based on FMP financials and quantitative analysis
EDNC Key Highlights
Acquired by SatixFy Israel Ltd. on October 27, 2022, in a reverse merger transaction.
- Focus on space and wireless technologies industries, including data infrastructure, data analytics, and big data.
- Intended to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination.
- Incorporated in 2021 and based in New York, New York.
- P/E ratio of 55.34 indicates the market's valuation of its earnings relative to its peers prior to acquisition.
Who Are EDNC's Competitors?
EDNC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BIOS BioPlus Acquisition Corp. | $10.79 | -0.05% | $209M | 44 |
| JUGG Jaws Juggernaut Acquisition Corporation | $10.33 | -0.10% | $356M | 44 |
| KSI Kadem Sustainable Impact Corporation | $10.15 | -0.10% | $222M | 46 |
| LACQ Leisure Acquisition Corp. | $13.41 | +0.00% | — | |
| LFAC Leapfrog Acquisition Corporation | $10.07 | +0.25% | $193M | 64 |
| AGGI Allied Energy, Inc. | $2.25 | +32.24% | $45.4B | 61 |
| GSHN Gushen, Inc. | $22.70 | +2.71% | $9.32B | 61 |
| IVAN Ivanhoe Capital Acquisition Corp. | $7.68 | -2.17% | $2.69B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EDNC's Key Strengths?
Access to capital for acquisitions.
- Focus on high-growth industries.
- Experienced management team (prior to acquisition).
What Are EDNC's Weaknesses?
Dependence on identifying and executing successful acquisitions.
- Competition from other SPACs.
- Limited operating history (prior to acquisition).
What Could Drive EDNC Stock Higher?
Successful integration of acquired businesses into SatixFy's operations.
- Expansion into new geographic markets through acquisitions.
- Development of innovative solutions through technological synergies.
What Are the Key Risks for EDNC?
Negative return on equity (-20.4%) — the business is not currently generating profit on shareholder capital.
- Integration challenges with acquired companies.
- Regulatory hurdles affecting the space and wireless technology sectors.
- Market volatility impacting the valuation of target companies.
- Failure to achieve expected synergies from acquisitions.
- Dependence on SatixFy's strategic decisions and performance.
What Are the Growth Opportunities for EDNC?
- Strategic Acquisitions: SatixFy can leverage Endurance Acquisition Corp.'s structure to acquire companies in the space and wireless technology sectors. The global space economy is projected to reach $1 trillion by 2040, presenting significant opportunities for growth through strategic acquisitions that enhance SatixFy's technological capabilities and market presence. Timeline: Ongoing.
- Technological Synergies: Integrating acquired companies with SatixFy's existing operations can create technological synergies and enhance its product offerings. This can lead to the development of innovative solutions and a stronger competitive position in the market. The market for wireless communication technologies is expected to grow, driven by the increasing demand for high-speed data and connectivity. Timeline: 2-3 years.
- Market Expansion: Acquisitions can facilitate expansion into new geographic markets and customer segments. The global data analytics market is projected to reach $105 billion by 2026, offering opportunities to expand its customer base and revenue streams. Timeline: 3-5 years.
- Data Infrastructure Growth: With the increasing demand for data storage and processing, there is a significant opportunity to invest in data infrastructure companies. The global data center market is expected to reach $250 billion by 2028, driven by the growth of cloud computing and big data. Timeline: 2-4 years.
- Big Data Analytics: The increasing volume and complexity of data create opportunities for companies specializing in big data analytics. SatixFy can leverage Endurance Acquisition Corp.'s structure to acquire companies with expertise in data analytics and machine learning. The big data analytics market is projected to grow, driven by the increasing adoption of data-driven decision-making across industries. Timeline: 2-3 years.
What Threats Does EDNC Face?
- Economic downturn affecting target companies.
- Regulatory changes impacting the space and wireless technology sectors.
- Failure to identify suitable acquisition targets.
What Are EDNC's Competitive Advantages?
- Access to capital raised through the IPO.
- Flexibility to pursue acquisitions in various industries.
- Expertise of the management team in identifying and executing acquisitions.
What Does EDNC Do?
Endurance Acquisition Corp. was incorporated in 2021 and based in New York, NY. The company's primary focus was to identify and execute a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Endurance Acquisition Corp. strategically targeted opportunities within the space and wireless technologies industries, with a particular emphasis on sectors supporting data infrastructure, data analytics, and big data. However, on October 27, 2022, Endurance Acquisition Corp. was acquired by SatixFy Israel Ltd. in a reverse merger transaction. As a result of this acquisition, Endurance Acquisition Corp. currently does not have significant independent operations and functions as part of SatixFy Israel Ltd.
What Products and Services Does EDNC Offer?
- Focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination.
- Targeted opportunities in the space and wireless technologies industries.
- Focused on sectors that support data infrastructure.
- Focused on sectors that support data analytics.
- Focused on sectors that support big data.
- Was acquired by SatixFy Israel Ltd. in a reverse merger transaction.
How Does EDNC Make Money?
- Prior to acquisition, the business model was to raise capital through an IPO as a SPAC.
- Identify and acquire a target company in the space and wireless technology sectors.
- Generate returns for investors through the growth and value appreciation of the acquired company.
What Industry Does EDNC Operate In?
Endurance Acquisition Corp. operated within the shell company industry, a segment of the financial services sector characterized by entities formed specifically to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. These companies, also known as special purpose acquisition companies (SPACs), have seen fluctuating levels of activity in recent years. The competitive landscape includes other SPACs seeking targets in various industries, making target selection and deal execution critical factors for success. The acquisition by SatixFy reflects a trend of SPACs completing their intended mergers or acquisitions.
Who Are EDNC's Key Customers?
- Prior to acquisition, the 'customers' were the investors who purchased shares in the SPAC's IPO.
- The target companies in the space and wireless technology sectors were potential partners.
- SatixFy Israel Ltd. is now the primary beneficiary of the Endurance Acquisition Corp. structure.
Company Profile
Endurance Acquisition Corp. operates in the Shell Companies industry within the Financial Services sector. It is headquartered in New York City, US. EDNC has traded publicly since 2021.
Key Financial Metrics
Return on equity for Endurance Acquisition Corp. stands at -20.4%, a gauge of how efficiently it converts shareholder capital into profit. EDNC trades at a trailing price-to-earnings ratio of 55.34, above the Financial Services sector average of ~18x. A current ratio of 0.73 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 1.8%, the inverse of the P/E and a quick read on earnings relative to price.
EDNC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Access to capital for acquisitions.
- Focus on high-growth industries.
- Experienced management team (prior to acquisition).
- Ongoing: Successful integration of acquired businesses into SatixFy's operations.
Bear Case
- Dependence on identifying and executing successful acquisitions.
- Competition from other SPACs.
- Limited operating history (prior to acquisition).
- Potential: Integration challenges with acquired companies.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
EDNC Latest News
No recent news available for EDNC.
Classification
Industry Shell CompaniesEDNC Financial Services Stock FAQ
What happened to Endurance Acquisition Corp. (EDNC) stock?
Endurance Acquisition Corp. (EDNC) no longer trades on public markets. It was delisted in October 2022. The figures below are historical and are not a current quote.
Can I still buy EDNC shares?
No. EDNC stopped trading on public markets in October 2022, so the shares are not available through a broker. Anything you see quoted for EDNC elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before EDNC stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Endurance Acquisition Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Endurance Acquisition Corp. do?
Endurance Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and acquire a business in the space and wireless technology sectors. Its primary goal was to facilitate a merger, share exchange, or similar business combination with a private company, allowing the target company to become publicly traded. However, it was acquired by SatixFy Israel Ltd.
What do analysts say about EDNC stock?
Given Endurance Acquisition Corp.'s acquisition by SatixFy Israel Ltd., traditional analyst ratings and price targets may not be directly applicable. Investors should focus on SatixFy's financial performance, strategic initiatives, and growth prospects. Key metrics to consider include revenue growth, profitability, and market share within the space and wireless technology sectors. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance.
What are the main risks for EDNC?
The main risks for Endurance Acquisition Corp. are now primarily related to SatixFy Israel Ltd.'s operations and strategic decisions. These risks include integration challenges with acquired companies, regulatory hurdles affecting the space and wireless technology sectors, market volatility impacting the valuation of target companies, and the failure to achieve expected synergies from acquisitions. Investors should carefully assess SatixFy's risk management practices and its ability to navigate these challenges.
How does the acquisition by SatixFy impact Endurance Acquisition Corp.'s future?
The acquisition by SatixFy Israel Ltd. fundamentally changes Endurance Acquisition Corp.'s future. Instead of pursuing its own acquisition target, it now operates as part of SatixFy. Its value is now derived from SatixFy's ability to leverage Endurance Acquisition Corp.'s structure for strategic acquisitions and growth within the space and wireless technology sectors. The success of Endurance Acquisition Corp. is now directly tied to SatixFy's overall performance and strategic execution.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on publicly available sources and may be subject to change.
- AI analysis pending for EDNC.