TDAC is Translational Development Acquisition Corp. Ordinary Shares (Financial Services) — a non-dividend-paying stock. Trading at $10.84. Market cap: $209M. Capital Quality Rank: 82/100 — Elite compounder.
Stock snapshot
| Price | $10.84 |
| Market cap | $209M |
| Sector | Financial Services |
| Exchange | XNAS |
| Pays dividend | No |
SPAC status
TDAC (Translational Development Acquisition Corp. Ordinary Shares) is a Special Purpose Acquisition Company — a blank-check shell that holds its IPO cash in a trust account while searching for a private company to merge with. SPACs pay no dividends. Learn how the whole arc works in our SPAC Lifecycle guide.
Current lifecycle stage per SEC EDGAR: Deal announced (last EDGAR check 2026-08-30)
| SEC filing | Date | Milestone |
|---|---|---|
| 425 | 2026-08-03 | 425 — business-combination filing |
| 8-K | 2026-07-27 | 8-K Item 1.01 — definitive agreement |
Capital Quality & fundamentals
DiviDrip's Capital Analytics engine ranks every non-dividend stock 1-100 on a 4-factor composite (Shareholder Yield 30%, Cash-Flow ROI 25%, Operating Momentum 25%, Tail-Risk 20%) — sector-neutralized so a biotech isn't penalized for negative earnings the way a utility would be.
| Capital Quality Rank (1-100) | 82 / 100 · Elite compounder |
| Shareholder buyback yield | 0.00% |
| Altman Z-score zone | Safe |
About TDAC
Translational Development Acquisition Corp is a newly organized blank check company.
Related non-dividend companies
Other non-dividend stocks investors research alongside TDAC. Peer set from Massive news + returns similarity, filtered to names we currently track.
Frequently asked
What is TDAC's current stock price?
TDAC (Translational Development Acquisition Corp. Ordinary Shares) is currently trading at $10.84.
Does TDAC pay a dividend?
TDAC (Translational Development Acquisition Corp. Ordinary Shares) does not currently pay a regular dividend.
Is TDAC a SPAC?
Yes — TDAC (Translational Development Acquisition Corp. Ordinary Shares) is a Special Purpose Acquisition Company (blank-check shell). It holds its IPO cash in a trust account (typically ~$10 per share) while searching for a private company to merge with. SPACs pay no dividends.
What happens when TDAC completes its merger?
When a SPAC closes its business combination (the "de-SPAC"), shareholders' shares convert into shares of the combined company and the ticker changes. Before the merger vote, shareholders can redeem shares for their pro-rata slice of the trust account. If no deal closes by the deadline, the SPAC liquidates and returns the trust cash.
What is TDAC's Capital Quality Rank?
TDAC has a Capital Quality Rank of 82/100 — Elite compounder. This score blends ROIC, revenue growth, buybacks, and balance-sheet health.
Track TDAC in DiviDrip
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Data refreshed 2026-08-30. Not investment advice. Prices change continuously; always verify the latest numbers in the live app before buying.