Horizon Acquisition Corporation
HZON-WT
New York Stock Exchange0.00
USD
- -
- -
CIK
0001821788
Return %
Stock
S&P500
1Y
-97.92
18.21
3Y
-97.92
64.38
5Y
-97.92
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
- Todd Lawrence Boehly
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001821788
- Similar Companies
- Business
- Horizon Acquisition Corporation II Horizon Acquisition Corp II (HZON-WT) operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands in 2020 and headquartered in Greenwich, Connecticut; 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 opportunities in the financial services industry, with an emphasis on differentiated financial services and financial services-adjacent platforms; it offers no current operational products or services beyond its SPAC structure, which includes Class A ordinary shares, warrants (traded as HZON-WT exercisable for one Class A ordinary share at $11.50), and units consisting of one Class A ordinary share and one-third of a redeemable warrant, originally raised through a $544 million initial public offering in 2020 sponsored by an affiliate of Eldridge Industries, LLC. The company conducts its activities globally but centers its target search on U.S.-based financial entities; its leadership includes figures connected to Eldridge Industries, such as Todd Boehly as a key sponsor affiliate. In recent developments, Horizon Acquisition Corporation II mutually terminated its October 2022 business combination agreement with Flexjet, Inc. in April 2023, resulting in a $30 million termination payment from Flexjet that enabled a liquidating distribution of approximately $11.33 per share to Class A shareholders, exceeding the then-current trust value of $10.03 per share; following this, the company proceeded to liquidate as required by its charter deadline, with shares canceled and delisted from the NYSE American by late April 2023, and no further mergers, acquisitions, or operational shifts reported as of 2025; the HZON-WT warrants were adjusted with expiration dates advanced to May 19, 2023 for certain holders.