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TDACTranslational Development Acquisition Corp.
$10.67$234M
Overview & Verdict
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TDAC logoTranslational Development Acquisition Corp.(TDAC)Earnings, Financials & Key Ratios

TDAC•NASDAQ
$10.67
28.8× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryHealthcare and life sciences SPACs
AboutTranslational Development Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Translational Development Acquisition Corp. was incorporated in 2022 and is based in New York, New York.Show more
  • EBITDA-$945K-1230.2%
  • Net Income$6M+9059.7%
  • EPS (Diluted)0.37+2384.0%
  • ROE3.7%+4484.5%

TDAC Price & Volume

Translational Development Acquisition Corp. (TDAC) stock price & volume — 10-year historical chart

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Dormant Shell Entity Faces Imminent Liquidity Crisis

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Insolvency and delisting risk

Key Thesis Takeaways

  • Translational Development Acquisition Corp.
  • remains a pre-revenue shell entity that has failed to execute a business combination after ten quarters of operation.
  • The company's reliance on non-operating accounting adjustments to report $1.3 million in net income during 2026Q1 masks a fundamental lack of commercial activity and operational viability.
  • Investors face significant risks regarding the company's ability to maintain its listing status given the depletion of cash reserves to a nominal $24,600.

Verdict Logic

the company's inability to generate revenue and its reliance on $500,000 in debt to fund administrative obligations suggests a high probability of insolvency or forced liquidation.

TDAC Growth Metrics

Translational Development Acquisition Corp. (TDAC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM339.67%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-18.54%

Return on Capital

10 Years-316.64%
5 Years-316.64%
3 Years-316.64%
Last Year-0.53%

TDAC Recent Earnings

Translational Development Acquisition Corp. (TDAC) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
Q2 2026Latest
May 15, 2026
Metric
Actual
Est
EPS
$0.06
—
Rev
—
—
Q2 2026
Mar 16, 2026
Metric
Actual
Est
EPS
$0.07
—
Rev
—
—
Q4 2021
Sep 30, 2021
Metric
Actual
Est
EPS
$0.93
—
Rev
$32M
—
Q3 2021
Aug 16, 2021
Metric
Actual
Est
EPS
$0.23
—
Rev
$32M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 15, 2026
$0.06
—
Q2 2026Mar 16, 2026
$0.07
—
Q4 2021Sep 30, 2021
$0.93
$32M
Q3 2021Aug 16, 2021
$0.23
$32M
Based on last 12 quarters of dataView full earnings history →

Latest TDAC News

Recent stock market news and headlines for Translational Development Acquisition Corp. (TDAC)

PRNewsWire·Jun 22, 2026
TDAC Announces Very Successful Share Redemption Results in Connection with Extension Vote

85% of Shares are not Redeemed, resulting in TDAC maintaining $156.8mm in trust 95% of the Shares Voted Were In Favor of the Extension These Great Results Follow the Momentum of the May 27, 2026 announcement of TDAC's Entry into a Merger Agreement with Prologium Prologium is a global leader in next generation lithium ceramic battery technology, moving into growth markets, including AI Data Centers, aerospace, robotics, defense and electric vehicles NEW YORK, June 22, 2026 /PRNewswire/ -- Translational Development Acquisition Company (NYSE: TDAC) (the "Company" or "TDAC") announced the very successful results of the shareholder vote held on 6/17/26 regarding the proposed extension of the SPAC life and election of shareholders to redeem their shares or continue to participate in TDAC. In connection with the meeting, holders of the Company's Class A common stock were given the opportunity to redeem their shares for a pro-rata portion of the Company's trust account.

Peers Comparison

Key metrics vs top competitors for Translational Development Acquisition Corp. (TDAC)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TDAC logoTDACTranslational Development Acquisition Corp.Current
$10.67$233.75M28.84-100%—3.7%—
NUVB logoNUVBNuvation Bio Inc.
$5.67$1.97B-9.45698.96%-102.06%-44.1%—
HCAI logoHCAIHauchen AI Parking Management Technology Holding Co., Ltd.
$8.55$9.62M-0.23-83.94%———
GS logoGSThe Goldman Sachs Group, Inc.
$1042.98$321.24B20.32-1.38%16.31%14.31%—
MS logoMSMorgan Stanley
$222.04$350.22B21.7711.48%15.13%16.22%—
JPM logoJPMJPMorgan Chase & Co.
$339.22$908.94B16.923.31%20.66%16.32%—

Compare TDAC vs Peers

Translational Development Acquisition Corp. (TDAC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NUVB

Most directly comparable listed peer for TDAC.

Scale Benchmark

vs JPM

Larger-name benchmark to compare TDAC against a more recognizable public peer.

Peer Set

Compare Top 5

vs NUVB, HCAI, GS, MS

TDAC SEC Filings & Documents

Translational Development Acquisition Corp. (TDAC) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 27, 2026·SEC

Material company update

May 22, 2026·SEC

Material company update

Apr 28, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 30, 2026·SEC

FY 2025

Apr 21, 2025·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 15, 2026·SEC

FY 2025

Nov 20, 2025·SEC

FY 2025

Nov 14, 2025·SEC

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TDAC Frequently Asked Questions

Translational Development Acquisition Corp. (TDAC) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Translational Development Acquisition Corp. growing?

Translational Development Acquisition Corp. (TDAC) saw revenue decline by 100.0% over the past year.

Is TDAC profitable?

Yes, Translational Development Acquisition Corp. (TDAC) is profitable, generating $6.2M in net income for fiscal year 2025.

Dividend & Returns
What is TDAC's return on equity?

Translational Development Acquisition Corp. (TDAC) has a return on equity (ROE) of 3.7%. This is below average, suggesting room for improvement.

What is Translational Development Acquisition Corp.'s free cash flow?

Translational Development Acquisition Corp. (TDAC) had negative free cash flow of $0.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in TDAC back in 2022?

Total return calculator · dividends reinvested · 4+ years of data

See returns →