EdtechX Holdings Acquisition Corp. II
EDTXU
NASDAQ Capital Market57.22
USD
+18.22
- -
CIK
0001817153
ISIN
US28139A2015
CUSIP
28139A201
Return %
Stock
S&P500
1Y
457.70
18.21
3Y
468.79
64.38
5Y
468.79
72.43
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
- Benjamin Vedrenne-Cloquet
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 22 Soho Square London United Kingdom W1D 4NS
- IPO Date
- Dec 11, 2020
- CIK
- 0001817153
- Website
- edtechxcorp.com
- Similar Companies
- Business
- EdtechX Holdings Acquisition Corp. II is a special purpose acquisition company (SPAC) focused on the education technology sector, specifically targeting businesses involved in education, training, reskilling, human capital, and education technology industries. The company was incorporated in 2020 and is headquartered in London, United Kingdom. EdtechX Holdings Acquisition Corp. II itself does not manufacture or sell products or services but aims to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more companies in its targeted sectors. The company's typical target businesses have enterprise values between $400 million and $2 billion. Recent major company changes include the termination of its merger agreement with zSpace, a provider of augmented and virtual reality educational technology solutions for K-12 and workforce development, due to breaches of the merger terms by zSpace. Following this, EdtechX Holdings Acquisition Corp. II announced it will liquidate its trust account and redeem its Class A ordinary shares, effectively winding down operations. Additionally, the company was involved in launching an ESG and impact evaluation methodology for edtech investments in collaboration with IBIS Capital. These developments reflect its strategic shift as it dissolves following the failed merger attempt, marking a significant operational change within the last year. The company operates primarily through searches and potential combinations within the North American and European education technology markets. It was formed by IBIS Capital with leadership including Chairman Charles McIntyre and CEO Benjamin Vedrenne-Cloquet. EdtechX Holdings Acquisition Corp. II raised approximately $100 million in its IPO to fund its acquisition strategy but has not generated revenue as a holding entity itself. Its business segment is classified under investment holding companies focused on the education technology domain.
EdtechX Holdings Acquisition Corp. II Announces Process and Timing of Liquidating Trust Account
EDTECHX HOLDINGS ACQUISITION CORP. II ANNOUNCES CLOSING OF FULL OVER-ALLOTMENT OPTION
EDTECHX HOLDINGS ACQUISITION CORP. II ANNOUNCES CLOSING OF $100 MILLION INITIAL PUBLIC OFFERING
EDTECHX HOLDINGS ACQUISITION CORP. II ANNOUNCES PRICING OF $100 MILLION INITIAL PUBLIC OFFERING