Forest Road Acquisition Corp. II

Forest Road Acquisition Corp. II

FRXB
Forest Road Acquisition Corp. IIUS flagNew York Stock Exchange
10.43
USD
+0.00
- -
137.93MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

in mil. unless spec.
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Quarterly Revenue

FRC

in mil. unless spec.
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Quarterly Earnings Per Share

FRC

in mil. unless spec.
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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Zachary Tarica
Sector
Financial Services
Industry
Shell Companies
Address
1177 Avenue of the Americas New York City NY United States of America 10036
IPO Date
May 3, 2021
Business
Forest Road Acquisition Corp. II (NYSE: FRXB) operates as a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the technology, media, telecommunications, and consumer sectors; its offerings include Class A ordinary shares, redeemable warrants, and units traded on the New York Stock Exchange under the symbols FRXB, FRXB WS, and FRXB U. Founded in 2020 and headquartered in New York, the company raised $350 million through an upsized initial public offering in March 2021, led by co-chief executive officers and co-chairpersons Thomas Staggs and Kevin Mayer, with Zachary Tarica as chief operating officer, Idan Shani as chief financial officer, and Jeremy Tarica as chief investment officer; strategic advisors include Shaquille O'Neal, and independent directors feature Martin Luther King III. Geographically, it primarily conducts operations in the United States while pursuing global acquisition targets. In recent developments, the company mutually terminated its business combination agreement with Hyperloop Transportation Technologies in February 2023; announced plans to liquidate and redeem outstanding shares at approximately $10.45 per share by mid-December 2023; and extended its completion deadline via stockholder approval in March 2023, though no further de-SPAC merger has materialized as of late 2025.

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