G Squared Ascend II Inc.
GSQB-WT
New York Stock Exchange0.00
USD
-0.01
- -
CIK
0001849280
Return %
Stock
S&P500
1Y
-99.13
18.21
3Y
-99.13
63.29
5Y
-99.13
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001849280
- Similar Companies
- Business
- G Squared Ascend II Inc. G Squared Ascend II Inc. operates as a blank check company with no significant ongoing business operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the technology sector including software-as-a-service, online marketplaces, mobility 2.0/logistics, financial technology/insurtech, new age media, and sustainability. Incorporated in 2021 as a Cayman Islands exempted company and headquartered in Chicago, Illinois, it conducts global operations through its sponsor affiliations with G Squared, a growth-stage venture capital firm. G Squared Ascend II Inc. offers no core products or services beyond its special purpose acquisition structure, which includes public shares, warrants such as GSQB-WT, and founder shares held by affiliates; its sole activity centers on identifying and completing a business combination with enterprise values potentially exceeding $1 billion. In June 2023, the company announced the redemption of all outstanding Class A ordinary public shares and cessation of operations due to failure to consummate an initial business combination within the required timeframe under its amended memorandum and articles of association, leading to liquidation distributions from its trust account, delisting from the New York Stock Exchange via Form 25, and termination of securities registration via Form 15. Warrants, including GSQB-WT, expired worthless with no redemption rights or distributions. The sponsor waived redemption rights on its Class B ordinary shares during this process.