Embrace Change Acquisition Corp. (EMCGF) Shares Outstanding (2021 - 2025)
Embrace Change Acquisition (EMCGF) recorded Shares Outstanding of 3.38 million in Q3 2025, down 44.9% from 6.13 million a year earlier and down 25.2% from the prior quarter.
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Embrace Change Acquisition Corp. (EMCGF) Shares Outstanding (2021 - 2025) Analysis & Trends
For FY2024, Embrace Change Acquisition reported Shares Outstanding of 6.37 million, down 29.4% from FY2023.
- Annual Shares Outstanding has a three-year compound annual growth rate of 51.0% (FY2021 to FY2024).
- Across earlier years, Shares Outstanding came in at 9.01 million in FY2023 (+84.0%), 4.9 million in FY2022 (+165.0%) and 1.85 million in FY2021.
- The Q3 2025 figure is the lowest quarterly Shares Outstanding since Q2 2022.
- On a year-over-year basis, Shares Outstanding has declined for seven consecutive quarters, with an average decline of 18.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 496.2% in Q2 2023, against a decline of 44.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.52 million (Q2 2025), 4.52 million (Q1 2025) and 6.37 million (Q4 2024).
Peer Set
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 3.38 Mn |
| Jun 30, 2025 | 4.52 Mn |
| Mar 31, 2025 | 4.52 Mn |
| Dec 31, 2024 | 6.37 Mn |
| Sep 30, 2024 | 6.13 Mn |
| Jun 30, 2024 | 7.42 Mn |
| Mar 31, 2024 | 7.42 Mn |
| Dec 31, 2023 | 9.01 Mn |
| Sep 30, 2023 | 9.11 Mn |
| Jun 30, 2023 | 9.69 Mn |
| Mar 31, 2023 | 9.69 Mn |
| Dec 31, 2022 | 4.90 Mn |
| Sep 30, 2022 | 6.11 Mn |
| Jun 30, 2022 | 1.63 Mn |
| Dec 31, 2021 | 1.85 Mn |
API Access
Embrace Change Acquisition Corp. Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=EMCGF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "EMCGF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=EMCGF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();