Renaissance Capital logo

Industrial Human Capital Priced, NYSE: AXHU

Blank check company formed by ShiftPixy targeting light industrial staffing solutions in North America (liquidated).

Industry: SPAC

First Day Return: +1.1%

We are a newly organized blank check company. We seek to capitalize on the significant experience and contacts of our management team, led by Scott W. Absher, in consummating an initial business combination. Although we may pursue an initial business combination opportunity in any business, industry, sector or geographical location, we intend to focus on private companies distressed by the economic downturn caused by the COVID-19 pandemic that provide staffing solutions in North America to clients in the light industrial sector, who we believe will benefit from improved business economics provided by increased scale and integration with the human capital technology platform built by our sponsor’s corporate parent and its operating subsidiaries. Our sponsor’s corporate parent, ShiftPixy, Inc. (“ShiftPixy”), is publicly traded on the Nasdaq Stock Market, LLC under the trading symbol “PIXY.” ShiftPixy’s market focus is to use a traditional staffing services business model, coupled with developed technology, to address underserved markets containing predominately lower wage employees with high turnover, including the light industrial, services, and food and hospitality markets.

Industrial Human Capital (AXHU) Performance

Created with Highcharts 10.3.2Chart context menuAXHU vs. IPO Index (IPOUSA)Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '250%-75%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index