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How to Buy Global Lights Acquisition Stock

Global Lights Acquisition Corp

Global Lights Acquisition Corp intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Global Lights Acquisition stock last closed at $10.25, up 0% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Shell Companies industry by N/A percentage points. Global Lights Acquisition stock is currently +2.09% from its 52-week low of $10.04, and -0.73% from its 52-week high of $10.33.

There are currently 8.98M shares of GLAC outstanding. The market value of GLAC is $91.99M. In the past 24 hours, 14 GLAC shares were traded.

How to Buy Global Lights Acquisition Stock

Wondering how to invest in Global Lights Acquisition stock? Here's how.
  1. Choose where to buy Global Lights Acquisition stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Global Lights Acquisition stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your payment method and add your information.
  4. Evaluate Global Lights Acquisition stock: The Global Lights Acquisition ticker symbol is GLAC. Is Global Lights Acquisition stock a good investment? Should you buy shares of GLAC? How do GLAC's underlying business fundamentals look? Do top analysts think Global Lights Acquisition is a good buy? Why has GLAC's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if GLAC is a good stock to buy).
  5. Place your GLAC trade: Decide if you will purchase GLAC shares at the current market price or use a limit order to purchase GLAC shares at a given price.
  6. Get key alerts regarding your investment in GLAC: Create a watchlist to keep tabs on your position in Global Lights Acquisition stock.

Step 1: Choose where to buy Global Lights Acquisition stock

You will need a brokerage account in order to access the NASDAQ market and buy GLAC shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal details so you are able to invest in GLAC stock today.

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Step 3: Put funds into your brokerage account

Now that you have opened your account on the highest rated stock app, you need to deposit funds:

Watch the tutorial below for more details transferring money into your brokerage account.

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Step 4: Evaluate Global Lights Acquisition stock

After you have selected the best place to buy Global Lights Acquisition stock, it's absolutely critical to research their stock before you buy, so you can comprehend the risk and opportunity.

Global Lights Acquisition quick stats

GLAC Price
$10.25
1w %
0%
1y %
N/A
5y %
N/A
P/E
-3.31x
P/B
-39.47x
P/S
N/A
PEG
N/A
Revenue
$0.00
Earnings
$79.99k
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$91.99M
Next Earnings
N/A
Next Dividend
N/A

Global Lights Acquisition Due Diligence Checks

WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on GLAC's stock page.

What is the fair value of GLAC stock?

Investors use many financial metrics, analyses, models, and charts to gauge GLAC's intrinsic value.

You can do more valuation research on GLAC's stock here.

How do GLAC Financials look?

Pros:

  • There are more short-term assets than short-term liabilities on the GLAC balance sheet.

Cons:

  • There are more long-term liabilities than short-term assets on the GLAC balance sheet.
  • GLAC has cash burn of 1643924. It does not have sufficient cash and short-term investments to cover this.
  • Total GLAC debt is still negative.
  • GLAC has $1.39k in cash and short term investments. This is not enough to cover its annual cash burn of $1.64M.
  • GLAC debt to equity ratio of -1.13 is negative.

GLAC Technical Indicators

SMA10
10.24
SMA20
10.23
SMA50
10.21
SMA100
10.18
SMA200
N/A
MACD
0.01
MACD Signal
0.01
MACD Histogram
0
RSI
56.88
Stochastic %K
81.25
Stochastic %D
72.92
StochRSI %K
80.69
StochRSI %D
75.31

Who is buying/selling GLAC?

Over the last 12 months, executives and large shareholders at GLAC have not bought or sold any shares.

Learn more about who owns GLAC stock here.

Can I rely on GLAC as an income stream?

No, Global Lights Acquisition doesn't provide an income stream by paying out dividends.

What do other traders have to say about GLAC?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your GLAC trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Click the Open Trade button and eToro will execute your order.

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Step 6: Get key alerts regarding your investment in GLAC

Now that you own some GLAC shares, you'll want to stay up-to-date on your stock purchase.

Create a watchlist to monitor your GLAC stock.

GLAC Feed

How to Buy Stock in Global Lights Acquisition

To reiterate, here are the 6 steps to buy Global Lights Acquisition stock:

  1. Choose where to buy Global Lights Acquisition stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Global Lights Acquisition stock
  5. Place your GLAC trade
  6. Get key alerts regarding your investment in GLAC

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If you want to keep track of your new investment in Global Lights Acquisition, get started below.

NASDAQ: GLAC
$10.25+0.00 (+0%)
Updated May 10, 2024
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NASDAQ: GLAC
$10.25+0.00 (+0%)
Updated May 10, 2024
Open eToro Account

FAQ

How much does it cost to buy one Global Lights Acquisition share?

As of May 10, 2024, it costs $10.25 to buy one share of Global Lights Acquisition stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.488 shares of GLAC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Global Lights Acquisition stock?

One way to place an order for Global Lights Acquisition stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.