Kingswood Acquisition Corp., trading under the ticker KWAC, is a blank check company that completed its initial public offering in 2020 and targets acquisition opportunities in the financial services sector. The SPAC is sponsored by an affiliate of Kingswood Capital Management, a Los Angeles-based alternative asset management firm. The 10-Q filed on June 17, 2021, with accession number 0001104659-21-082625, reflects the company's reporting obligations during its active search for a qualifying merger or business combination target. As of the filing period, KWAC remained in the target-identification phase, a standard posture for SPACs operating within their allotted search window. Visit SpacDesk and sign up for full data on KWAC, including deal timelines, SEC filings, and sponsor profiles.