Austerlitz Acquisition Corporation II
ASZ
New York Stock Exchange9.99
USD
+0.01
- -
CIK
0001839191
ISIN
KYG0633U1013
Return %
Stock
S&P500
1Y
2.73
26.84
3Y
0.86
77.03
5Y
0.86
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1701 Village Center Circle Las Vegas NV United States of America 89134
- IPO Date
- Apr 19, 2021
- CIK
- 0001839191
- Website
- investor.austerlitz2.com
- Similar Companies
- Business
- Austerlitz Acquisition Corporation II is a blank check company incorporated in 2021 and headquartered in Las Vegas, Nevada. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities mainly in the financial technology or information and business services sectors. It does not currently have significant operations or products of its own but acts as a special purpose acquisition company (SPAC) to identify and acquire target businesses. The core business model involves raising capital through initial public offerings for the express purpose of acquiring or merging with existing companies, thereby providing a vehicle for private companies to go public. Austerlitz Acquisition Corporation II is part of a broader series of SPACs associated with Bill Foley's Trasimene Capital and Cannae Holdings, which have strategic interests and investments in various financial services and technology enterprises. Recent developments include the company's efforts to extend the timeframe to complete its business combination and its engagement in amendments to corporate governance documents to accommodate acquisition opportunities. The company experienced suspension and delisting proceedings for its warrants on the New York Stock Exchange due to low price levels, while its Class A ordinary shares and units continue to trade. It remains positioned to leverage its sponsor network and capital base to identify and consummate a merger or acquisition within its targeted industry sectors. Austerlitz Acquisition Corporation II operates in the United States primarily but seeks to expand through acquisitions that may include other geographies depending on target company locations. It leverages strategic partnerships within the financial technology and information services sectors as part of its acquisition search criteria. The company’s latest funding round was its initial public offering, raising approximately $1.2 billion, backed by major investment banks including Credit Suisse, J.P. Morgan, and Bank of America Securities. Overall, Austerlitz Acquisition Corporation II serves as an investment vehicle established to identify and acquire a business in financial technology or related sectors, leveraging its significant IPO proceeds and backing from influential financial sponsors to execute strategic mergers or acquisitions within the near term. It is headquartered in Las Vegas, Nevada and was founded in 2021. Recent corporate actions include NYSE warrant delisting procedures and an extended operational timeline to facilitate business combination completion.
Sponsors Seek Early Liquidation of Austerlitz Acquisition Corporation II
Austerlitz Acquisition Corporation II Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 19, 2021