Forest Road Acquisition Corp. II
FRXB-UN
New York Stock Exchange10.40
USD
-0.10
- -
CIK
0001840161
Return %
Stock
S&P500
1Y
3.07
26.53
3Y
3.79
76.60
5Y
3.79
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
- 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
- Mar 10, 2021
- CIK
- 0001840161
- Website
- spacroadtwo.com
- Similar Companies
- Business
- Forest Road Acquisition Corp. II Forest Road Acquisition Corp. II (NYSE: FRXB-UN) is 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 technology, media, telecommunications, and consumer sectors. The company conducts no significant operations and generates no revenue pending identification and completion of an initial business combination; its units consist of one share of Class A common stock and one-half of one redeemable warrant. Incorporated in 2020 and headquartered in New York, New York, it raised $350 million in an upsized initial public offering in March 2021, with proceeds held in trust. Forest Road Acquisition Corp. II previously changed its name from Forest Road Acquisition Corp. III in January 2021 and announced a definitive merger agreement with Hyperloop Transportation Technologies Inc. in November 2022 valued at a pro forma enterprise value of approximately $397 million, which mutually terminated in February 2023 due to extended closing timelines and market conditions. No subsequent business combination, acquisitions, partnerships, or strategic shifts have materialized as of late 2025, with the company continuing to seek suitable targets within its preferred industries amid an extended search beyond the typical 24-month post-IPO window.