Colonnade Acquisition Corp. II
CLAA-WT
New York Stock Exchange0.00
USD
-0.03
- -
CIK
0001837739
Return %
Stock
S&P500
1Y
-97.34
26.53
3Y
-97.34
76.60
5Y
-97.34
80.11
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
- CIK
- 0001837739
- Similar Companies
- Business
- Colonnade Acquisition Corp. II (NYSE: CLAA-WT) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting companies domiciled in the United States, Asia, or the United Kingdom; it offers no current products or services beyond its SPAC structure, including Class A ordinary shares, redeemable warrants exercisable at $11.50 per share for one Class A ordinary share, and private placement warrants issued to sponsor Colonnade Sponsor II LLC. The company, founded in 2020 and headquartered at 1400 Centrepark Blvd, Suite 810, West Palm Beach, Florida, completed a $330 million initial public offering in March 2021, generating proceeds held in trust for a potential de-SPAC transaction. In August 2022, it announced a definitive merger agreement with Plastiq Inc., a B2B payments platform, valuing the combined entity at $480 million, but the deal terminated due to Plastiq's actions ahead of the March 12, 2023 deadline; consequently, in March 2023, Colonnade redeemed all outstanding Class A ordinary shares at approximately $10.21-$10.23 per share from its trust account (net of taxes and $100,000 dissolution expenses), ceased operations except for winding up and potential claims related to the failed merger, suspended Class A share trading effective March 13, 2023, delisted from the NYSE, and terminated SEC registration, leaving warrants (including CLAA-WT) outstanding with no redemption rights or distributions, exercisable only upon a future business combination that never materialized. Post-liquidation, the entity maintains no active operations, revenues, or employees (previously zero), managed by CEO Remy White Trafelet, with geographic focus limited to U.S.-based activities.