FinServ Acquisition Corp. II
FSRXW
NASDAQ Capital Market0.00
USD
+0.00
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FinServ Acquisition Corp. II
FSRXW
(NASDAQ Capital Market)
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0.00
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- FinServ Acquisition Corp. II (FSRXW) operates as a blank check company, or special purpose acquisition company (SPAC), whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on the financial technology (FinTech) and financial services industries; it conducts no significant operations and generates no revenues. The company, founded in 2020 and headquartered in New York, New York, targeted businesses with equity values between $500 million and $2 billion, particularly those leveraging technology to disrupt traditional financial services, asset management, specialty finance, insurance and real estate services. In November 2023, FinServ Acquisition Corp. II announced its intention to liquidate after failing to complete an initial business combination by the extended deadline, redeeming all outstanding public shares at approximately $10.34 to $10.57 per share by December 8, 2023, with warrants expiring worthless; the company is now defunct and delisted.