Kismet Acquisition Two Corp.
KAIIW
NASDAQ Capital Market0.04
USD
+0.02
- -
CIK
0001825962
CUSIP
G52807115
Return %
Stock
S&P500
1Y
-85.47
26.53
3Y
-94.55
76.60
5Y
-94.55
80.11
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
- Ivan Vladimirovich Tavrin
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 850 Library Avenue Newark DE United States of America
- IPO Date
- Apr 12, 2021
- CIK
- 0001825962
- Similar Companies
- Business
- Kismet Acquisition Two Corp. Kismet Acquisition Two Corp. (KAIIW) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations; it focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more unidentified operating businesses or assets. Incorporated on September 15, 2020, as a Cayman Islands exempted company and headquartered in Newark, Delaware, the company raised $230 million in its February 2021 initial public offering, pricing 23 million units at $10 each, with underwriters led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, and BofA Securities, Inc.; its warrants trade under the ticker KAIIW on Nasdaq. It targets high-growth opportunities primarily in internet and technology sectors, particularly in Europe excluding Russia and Belarus following strategic shifts, serving investors seeking exposure to pre-IPO companies through its trust account structure that holds IPO proceeds until a business combination is completed. In June 2022, its original sponsor sold its entire interest, including 6.25 million promoter shares and 4.4 million warrants, to a new sponsor led by Dimitri Elkin as CEO, who replaced Ivan Tavrin amid geopolitical considerations. In February 2023, shareholders approved an extension of its completion deadline and a name change to Quadro Acquisition One Corp., reflecting ongoing efforts to pursue a transaction. Most recently, in January 2024, Quadro Acquisition One Corp. entered a business combination agreement with Global Growth Holdings, LLC, and affiliates including NHC Holdings II, Inc., valuing the deal at approximately $3 billion enterprise value for high-recurring revenue businesses in healthcare technology, financial services, collectibles, and communications; the transaction involves domestication to Nevada, a merger via subsidiaries, issuance of over 208 million shares of Class A common stock, and restructuring of target affiliates into subsidiaries, subject to shareholder approval, regulatory clearances, and an outside date of June 30, 2024.