Black Spade Acquisition II Co
BSIIU
NASDAQ Global Market9.62
USD
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Black Spade Acquisition II Co
BSIIU
(NASDAQ Global Market)
Recent
price
9.62
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Black Spade Acquisition II Co (BSIIU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations prior to its business combination; it focuses on effecting mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar transactions with one or more businesses, primarily targeting opportunities in the entertainment, lifestyle, and technology sectors that benefit from artificial intelligence. The company, incorporated in the Cayman Islands on May 9, 2024, and headquartered there, completed its initial public offering of 15 million units at $10.00 each in August 2024, raising $150 million, with its Class A ordinary shares and warrants commencing separate trading on Nasdaq in October 2024. In June 2025, Black Spade Acquisition II Co completed a business combination with The Generation Essentials Group (TGE), an entity backed by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., pursuant to which Black Spade II became a wholly owned subsidiary of TGE; TGE's Class A ordinary shares and warrants began trading on the New York Stock Exchange and NYSE American under the symbols "TGE" and "TGE WS," respectively, on June 5, 2025, with Black Spade II's Nasdaq securities delisted thereafter. This transaction followed shareholder approval on May 30, 2025, and represents Black Spade Capital's second SPAC de-SPAC, after its first with VinFast Auto Ltd in 2023. Post-combination, operations align with TGE's portfolio spanning fashion and art, media, hospitality, and entertainment across global markets including New York, Paris, and Singapore.
Black Spade Acquisition II Co Announces Closing of Partial Exercise of IPO Over-Allotment Option
U.S. IPO Weekly Recap: Small Issuers Close Out August IPO Market
Black Spade Acquisition II Co Announces Pricing Of $150 Million Initial Public Offering