Elliott Opportunity II Corp.
EOCW
New York Stock Exchange10.36
USD
-0.01
- -
CIK
0001843862
ISIN
KYG300921031
CUSIP
G30092103
Return %
Stock
S&P500
1Y
5.93
18.21
3Y
6.53
64.38
5Y
6.53
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
- David M. Kerko
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- East Tower West Palm Beach FL United States of America 33401
- IPO Date
- Aug 19, 2021
- CIK
- 0001843862
- Website
- elliottopportunity.com
- Similar Companies
- Business
- Elliott Opportunity II Corp. (NYSE: EOCW) is a blank check company whose principal business activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company focuses primarily on targets in the technology sector and technology-enabled services; it currently conducts no significant operations and generates no revenue. Incorporated in the Cayman Islands in 2021, it maintains its headquarters at Phillips Point, East Tower, 777 S. Flagler Drive, Suite 1000, West Palm Beach, Florida. Affiliated with Elliott Investment Management L.P., the sponsor Elliott Opportunity Sponsor II L.P. provided initial risk capital, supported by Elliott's extensive technology investment track record across public and private equity transactions. The company completed its initial public offering in July 2021, raising $609.5 million through the sale of 60.95 million units at $10.00 per unit, including the full exercise of the underwriters' over-allotment option; simultaneously, it sold 10.79 million private placement warrants to the sponsor at $1.50 each, generating additional gross proceeds of $16.2 million. Net proceeds were deposited into a trust account invested in U.S. government securities or money market funds, with public shareholders afforded redemption rights upon a business combination or in connection with extensions or liquidations. In June 2023, facing the expiration of its 24-month combination period without identifying or announcing a target, Elliott Opportunity II announced the redemption of all outstanding Class A ordinary shares at approximately $10.36 per share, effective July 11, 2023, with shares ceasing trading on June 30, 2023; this liquidation returned substantially all trust funds to public shareholders after accounting for expenses. Post-liquidation, the company exhibits no active operations or ongoing business combination pursuits.