GSR II Meteora Acquisition Corp.
GSRMR
NASDAQ Global Market3.14
USD
+0.48
- -
CIK
0001901799
CUSIP
36263W113
Return %
Stock
S&P500
1Y
109.33
18.21
3Y
96.25
64.38
5Y
96.25
72.43
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
- Lewis Silberman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 840 Park Drive East Boca Raton FL United States of America 33432
- IPO Date
- Apr 18, 2022
- CIK
- 0001901799
- Similar Companies
- Business
- GSR II Meteora Acquisition Corp is a special purpose acquisition company (SPAC) primarily focused on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. Founded in 2021 and headquartered in Albany, New York, the company targets high-growth businesses in software, technology-enabled manufacturing and services, mobility and transportation sectors, and companies addressing environmental, social, and governance (ESG) issues. GSR II Meteora initially raised approximately $316 million through its initial public offering and operates in partnership with Meteora Capital, an investment adviser specializing in SPAC-related investments. The company's main product is its SPAC vehicle designed to acquire and grow companies within its target industries. The most significant recent corporate development was the completion of a business combination with Lux Vending, LLC, which operates under the brand Bitcoin Depot, a leading U.S.-based Bitcoin ATM operator and fintech company. This transaction, closed in June 2023, resulted in Bitcoin Depot becoming a publicly traded company on Nasdaq under the ticker symbol BTM. Bitcoin Depot offers cryptocurrency conversion services through kiosks and digital payment solutions across the U.S. and holds the largest market share in North America with approximately 6,440 kiosk locations. The merged entity focuses on expanding the Bitcoin ATM network and scaling financial technology services. GSR II Meteora Acquisition Corp is led by co-CEOs Gus Garcia and Lewis Silberman, President Anantha Ramamurti, and CFO Joseph Tonnos. The company's strategic shift toward fintech and blockchain technology through the merger with Bitcoin Depot marks a significant expansion from its initial focus areas, leveraging growth opportunities in the digital financial services ecosystem and cryptocurrency markets. The company’s operations and investments span North America with an emphasis on scalable, technology-driven business models that align with its ESG and mobility priorities.