DD3 Acquisition Corp. II
DDMX
NASDAQ Capital Market9.44
USD
+0.02
- -
CIK
0001748252
ISIN
US23318M1009
CUSIP
23318M100
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
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.- CEO
- None
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Pedregal 24 Mexico City DF Mexico 11040
- IPO Date
- Dec 8, 2020
- CIK
- 0001748252
- Website
- dd3.mx
- Similar Companies
- Business
- DD3 Acquisition Corp. II is a special purpose acquisition company (SPAC) primarily established to facilitate mergers, capital stock exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or similar business combinations with target businesses. Founded in 2020 and headquartered in Mexico City, Mexico, DD3 Acquisition Corp. II operates mainly in financial services, focusing on merger and acquisitions advisory, equity and debt capital raising, structured debt financing, and financial restructurings. The firm leverages its management team's extensive experience in acquiring and optimizing businesses across various industries, providing tailored investment advisory services and exclusive investment opportunities aligned with clients' long-term goals. The company’s core engagement involves identifying and combining with fundamentally sound but underperforming businesses, aiming to enhance value through strategic operational improvements and market repositioning. Geographically, DD3 Acquisition Corp. II is active primarily in Latin America with notable influence in sectors benefitting from corporate financial solutions such as mezzanine lending, capital loans for mid-term projects, and equity investments. Recently, DD3 Acquisition Corp. II completed a significant business combination with Codere Online Luxembourg, S.A., a leading online gaming and sports betting operator in Latin America. This merger, finalized in late 2021, marked Codere Online as the first Latin American iGaming operator to be publicly traded on Nasdaq. The combination has expanded DD3's footprint into the online gaming and sports betting industry with operations in Spain, Italy, Mexico, Colombia, Panama, and Argentina. Codere Online's strategic partnership extensions, including sponsorship agreements in prominent sports leagues, underpin DD3’s evolving business model emphasizing high-growth digital and entertainment markets. This transaction exemplifies DD3 Acquisition Corp. II's strategic shift from a traditional SPAC to a focused player in digital entertainment and gaming sectors across Latin America and Europe. The company is led by Chairman and CEO Dr. Martin M. Werner, with executive offices situated in Mexico City. DD3 Acquisition Corp. II continues to pursue growth through additional acquisitions and capital market activities, reinforcing its position in investment and financial service industries targeting underleveraged market segments and emerging economic regions.
CORRECTION -- Codere Online to Become the First Publicly-Listed Online Gaming Operator in Latin America Via Business Combination with DD3 Acquisition Corp. II
Codere Online to Become the First Publicly-Listed Online Gaming Operator in Latin America Via Business Combination with DD3 Acquisition Corp. II