G Squared Ascend II Inc. (NYSE:GSQB-UN) operates as 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; it focuses primarily on technology-enabled companies within verticals including software-as-a-service, online marketplaces, mobility 2.0 and logistics, financial technology and insurtech, new age media, and sustainability. The company provides no products or services other than those related to identifying and completing an initial business combination; it generates no operating revenues. Founded in 2021 and headquartered at 205 N Michigan Ave, Suite 3770, Chicago, Illinois, G Squared Ascend II conducted its $125 million initial public offering in June 2021, raising proceeds held in trust for a potential de-SPAC transaction targeting businesses with enterprise values of at least $1 billion. In June 2023, the company announced the redemption of all outstanding Class A ordinary shares at approximately $10.44 per share and ceased operations except for winding up, due to failure to complete a business combination within the required timeframe under its governing documents, with warrants expiring worthless and delisting from the New York Stock Exchange shortly thereafter; Cayman Islands Gazette records confirm its formal liquidation via shareholder resolution on November 11, 2025.