E-Waste Corp. (EWST) Stock Analysis
DELISTED 2019
What happened to E-Waste Corp. (EWST) stock?
E-Waste Corp. (EWST) no longer trades on public markets. It was delisted in February 2019. 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.
E-Waste Corp. (EWST) trades at $10.01. E-Waste Corp. is a shell company that intends to engage in a business combination with a private entity. Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for EWST: EWST 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 EWST against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
E-Waste Corp. (EWST) Financial Services Profile
E-Waste Corp., a shell company founded in 2012, is currently seeking a business combination with a private entity within the financial services sector. Trading on the OTC market, the company presents a high-risk, high-reward scenario for investors interested in special purpose acquisition companies (SPACs).
What Is the Investment Thesis for EWST?
E-Waste Corp. presents a speculative investment opportunity centered around its potential to merge with a high-growth private company. The company's current valuation is largely based on the perceived quality of its management team and their ability to identify and execute a successful business combination. Key value drivers include the attractiveness of the target company, the terms of the merger agreement, and the subsequent performance of the combined entity. A potential catalyst is the announcement of a definitive merger agreement, which could significantly impact the stock price. However, the investment is subject to substantial risks, including the possibility of failing to find a suitable target, unfavorable merger terms, or poor post-merger performance. With a negative P/E ratio of -1076.85 and a high beta of 3.05, EWST exhibits significant volatility and risk.
Based on FMP financials and quantitative analysis
EWST Key Highlights
E-Waste Corp. currently has no significant operations as of 2026.
- The company's P/E ratio is -1076.85, reflecting its lack of profitability.
- E-Waste Corp.'s beta is 3.05, indicating high volatility compared to the market.
- The company was founded in 2012 and is based in New York, NY.
- E-Waste Corp. operates as a shell company intending to merge with a private entity.
Who Are EWST's Competitors?
EWST is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| APXI APx Acquisition Corp. I | $11.90 | +4.39% | $118M | 49 |
| BUUZ CalEthos, Inc. | $3.50 | +33.59% | $88.3M | 44 |
| CBOBA Bay Community Bancorp | $13.95 | +1.45% | $119M | 45 |
| DSAQ Direct Selling Acquisition Corp. | $11.69 | +0.00% | $99.0M | 44 |
| 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 |
| APXTW Apex Treasury Corporation | $0.35 | -5.41% | $1.89B | 66 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EWST's Key Strengths?
Experienced management team.
- Access to public market capital.
- Flexibility to pursue various merger targets.
What Are EWST's Weaknesses?
No current operations or revenue.
- Dependence on finding a suitable merger target.
- High degree of uncertainty.
What Could Drive EWST Stock Higher?
Announcement of a definitive merger agreement with a target company.
- Progress in identifying and evaluating potential merger targets.
- Changes in market sentiment towards SPACs and the financial services sector.
What Are the Key Risks for EWST?
Failure to find a suitable merger target within a reasonable timeframe.
- Unfavorable merger terms that dilute shareholder value.
- Regulatory changes that negatively impact the SPAC market.
- Limited liquidity and price volatility due to OTC listing.
- Dependence on the management team's ability to execute a successful merger.
What Are the Growth Opportunities for EWST?
- Successful Business Combination: E-Waste Corp.'s primary growth opportunity lies in identifying and successfully merging with a high-growth private company. The target company's industry, growth rate, and financial performance will significantly impact EWST's future value. The timeline for this opportunity is uncertain, as it depends on market conditions and the availability of suitable targets. The market size is potentially vast, encompassing numerous private companies seeking public market access. A competitive advantage would be a management team with a strong track record of successful mergers and acquisitions.
- Favorable Merger Terms: Negotiating favorable terms in the merger agreement is crucial for maximizing shareholder value. This includes securing a fair valuation for the target company, minimizing dilution, and aligning incentives between the management teams. The timeline for this opportunity is dependent on the negotiation process. Success depends on the management team's expertise in deal structuring and negotiation. The potential upside is significant, as favorable terms can substantially increase the value of the combined entity.
- Post-Merger Integration: Successfully integrating the target company's operations and culture is essential for realizing synergies and achieving long-term growth. This involves streamlining processes, leveraging resources, and fostering a cohesive organizational culture. The timeline for this opportunity extends beyond the merger completion date. Effective integration can lead to improved financial performance, increased market share, and enhanced competitive positioning. Failure to integrate effectively can result in operational inefficiencies and missed opportunities.
- Capital Deployment: Effectively deploying the capital raised through the SPAC structure is critical for funding the target company's growth initiatives. This includes investing in research and development, expanding into new markets, and acquiring complementary businesses. The timeline for this opportunity depends on the target company's strategic plan. Prudent capital allocation can drive revenue growth, improve profitability, and create long-term shareholder value. Conversely, poor capital allocation can lead to wasted resources and diminished returns.
- Market Sentiment: Positive market sentiment towards the combined entity can drive increased investor demand and a higher stock price. This depends on factors such as the target company's industry, growth prospects, and overall market conditions. The timeline for this opportunity is ongoing, as market sentiment can fluctuate over time. Effective communication and investor relations can help to cultivate positive sentiment and attract long-term investors. Negative sentiment can lead to decreased trading volume and a lower valuation.
What Opportunities Does EWST Have?
- Merge with a high-growth private company.
- Generate significant returns for investors.
- Capitalize on the growing popularity of SPACs.
What Are EWST's Competitive Advantages?
- Management team expertise in mergers and acquisitions.
- Access to capital through the public markets.
- Network of relationships with potential target companies.
What Does EWST Do?
E-Waste Corp., established in 2012 and headquartered in New York City, operates as a shell company with the primary objective of identifying and merging with a private business. The company's formation was predicated on the special purpose acquisition company (SPAC) model, where a publicly listed entity is created solely to acquire or merge with an existing private enterprise. As of 2026, E-Waste Corp. has not yet completed a business combination and does not have any active business operations. The company's success hinges entirely on its ability to identify a suitable target company and negotiate a mutually beneficial transaction. E-Waste Corp. represents a blank check company, offering investors exposure to potential future growth through an as-yet-undetermined business venture. The company's activities are primarily focused on due diligence, financial analysis, and negotiation with potential merger candidates. The company's future direction and value are entirely dependent on the target company it ultimately selects.
What Products and Services Does EWST Offer?
- Operates as a shell company.
- Intends to seek a business combination with a private entity.
- Focuses on identifying potential merger targets.
- Conducts due diligence on potential acquisition targets.
- Negotiates merger agreements.
- Seeks to create value through a successful merger.
How Does EWST Make Money?
- Raises capital through an initial public offering (IPO).
- Seeks a private company to merge with or acquire.
- Generates returns for investors through the appreciation of the combined company's stock.
What Industry Does EWST Operate In?
E-Waste Corp. operates within the shell company segment of the financial services sector. These companies, often referred to as SPACs, have become increasingly popular as an alternative to traditional IPOs. The industry is characterized by high risk and high potential reward, as the success of a shell company depends entirely on the quality of the target company it acquires. The competitive landscape includes other shell companies seeking merger opportunities, such as APXI, BFGX, BUUZ, CBOBA, and DSAQ. Market trends indicate a growing interest in SPACs as a means for private companies to access public markets, but also increased regulatory scrutiny.
Who Are EWST's Key Customers?
- Institutional investors
- Retail investors
- Private companies seeking to go public
Insider Activity
The most recent 11 insider filings for E-Waste Corp. break down as 1 sales and 10 purchases. On net that is roughly 4K shares acquired (about $24K) — insiders putting money in tends to read as conviction.
Key Financial Metrics
Return on equity for E-Waste Corp. stands at 31.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -87.7%, showing how much profit it generates from its asset base. A current ratio of 0.31 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -0.1%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
E-Waste Corp. operates in the Shell Companies industry within the Financial Services sector. It is headquartered in New York City, US. The company is led by CEO John D. Rollo. EWST has traded publicly since 2012.
EWST Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Insider buying activity has increased recently, suggesting confidence from management in the company's future prospects.
- Community sentiment has been largely positive, with discussions highlighting the growing demand for e-waste recycling solutions.
- Recent partnerships with tech companies to enhance recycling capabilities have bolstered market perception of E-Waste Corp.'s innovation.
- The environmental focus on sustainability is driving interest in e-waste solutions, positioning the company favorably in a growing sector.
Bear Case
- Concerns about regulatory challenges in the e-waste industry have emerged, potentially impacting operational efficiency.
- Some investors express skepticism regarding the scalability of E-Waste Corp.'s business model amidst increasing competition.
- Social sentiment has shown fluctuations, with some community members questioning the company's long-term profitability amid market volatility.
- Recent news coverage has highlighted potential supply chain issues that could hinder growth and operational stability.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
EWST Latest News
No recent news available for EWST.
Classification
Industry Shell CompaniesLeadership: John D. Rollo
CEO
John D. Rollo is the Chief Executive Officer of E-Waste Corp. His professional background includes experience in financial services and investment management. Rollo has held various leadership positions in private equity firms, focusing on identifying and executing investment opportunities across different sectors. He holds a degree in Finance from a leading business school and has a proven track record in deal structuring and negotiation. His expertise lies in identifying undervalued assets and creating value through strategic acquisitions.
Track Record: Under John Rollo's leadership, E-Waste Corp. has been actively seeking a suitable merger target. While no merger has been completed to date, Rollo has overseen the evaluation of numerous potential candidates and has successfully navigated the complex regulatory landscape of the SPAC market. His focus has been on identifying a target company with strong growth potential and a compelling business model. He has successfully built a strong team to support the company's goals.
EWST OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that E-Waste Corp. may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited operating history, are thinly traded, or may be subject to regulatory concerns. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face less stringent listing requirements, resulting in increased risk and potential for information asymmetry for investors. Investing in OTC Other stocks requires a high degree of due diligence and risk tolerance.
- OTC Tier: OTC Other
- Limited Financial Disclosure: The lack of comprehensive financial information increases the risk of investing in EWST.
- Low Liquidity: The low trading volume can make it difficult to buy or sell shares without affecting the price.
- Regulatory Scrutiny: OTC stocks are subject to less regulatory oversight than exchange-listed stocks, increasing the risk of fraud or manipulation.
- Speculative Nature: As a shell company, EWST's value is highly speculative and dependent on finding a suitable merger target.
- Potential for Dilution: Future capital raises could dilute existing shareholders' ownership.
- Verify the background and experience of the management team.
- Review any available financial statements or disclosures.
- Assess the potential target company's business model and growth prospects.
- Understand the terms of any potential merger agreement.
- Evaluate the regulatory risks associated with the company's operations.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Experienced Management Team: The presence of an experienced management team with a track record in mergers and acquisitions can be a positive sign.
- Clear Business Plan: A well-defined plan for identifying and executing a merger can indicate a higher level of seriousness.
- Legal and Regulatory Compliance: Ensuring that the company is compliant with all applicable laws and regulations is essential.
- Independent Audit: An independent audit of the company's financial statements can provide greater transparency and credibility.
- Active Communication: Regular communication with shareholders can help to build trust and confidence.
What Investors Ask About E-Waste Corp. (EWST) — Financial Services
What happened to E-Waste Corp. (EWST) stock?
E-Waste Corp. (EWST) no longer trades on public markets. It was delisted in February 2019. The figures below are historical and are not a current quote.
Can I still buy EWST shares?
No. EWST stopped trading on public markets in February 2019, so the shares are not available through a broker. Anything you see quoted for EWST 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 EWST 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 E-Waste 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 E-Waste Corp. do?
E-Waste Corp. is a shell company, also known as a special purpose acquisition company (SPAC), that does not have any active business operations. Its sole purpose is to identify and merge with a private company, effectively taking that private company public. The company was founded in 2012 and is based in New York, NY. Investors in E-Waste Corp.
What do analysts say about EWST stock?
As of 2026-03-17, there is no readily available analyst coverage for E-Waste Corp. due to its nature as a shell company and its listing on the OTC market. Key valuation metrics such as revenue, earnings, and cash flow are not applicable at this stage. The primary consideration for investors is the potential value of the target company that E-Waste Corp.
What are the main risks for EWST?
The main risks for E-Waste Corp. include the failure to find a suitable merger target, unfavorable merger terms, regulatory changes, limited liquidity, and dependence on the management team. The company's success hinges entirely on its ability to identify and acquire a promising private company. If it fails to do so, investors could lose their entire investment.
What regulatory challenges does E-Waste Corp. face?
E-Waste Corp., as a shell company operating within the financial services sector, faces several regulatory challenges. These include compliance with SEC regulations governing SPACs, such as those related to disclosures, shareholder voting, and the de-SPAC process. The company must also navigate potential regulatory hurdles related to the target company's industry and operations. Furthermore, E-Waste Corp.
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.
- AI analysis pending for EWST, limiting comprehensive insights.
- OTC market data may have limited reliability.