Union Acquisition Corp. II

Union Acquisition Corp. II

LATN
Union Acquisition Corp. IIUS flagNASDAQ Global Select
9.86
USD
+0.61
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Kyle P. Bransfield
Sector
Financial Services
Industry
Shell Companies
Address
477 BROOME ST. New York City NY United States of America 10022
IPO Date
Oct 18, 2019
Business
Union Acquisition Corp. II (LATN) operates as a blank check company whose purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Incorporated in the Cayman Islands and headquartered in Miami, Florida, the company, founded in 2018 or 2019, completed its initial public offering in 2021, raising $200 million, and lacks current substantive operations or products beyond pursuing acquisition targets. In September 2021, it executed a definitive business combination with Procaps Group, a leading Latin American pharmaceutical and healthcare company, securing shareholder approval on September 22 and completing the transaction on September 29, after which the combined entity began trading under the ticker PROC on Nasdaq; Procaps offers products through subsidiaries including Nextgel, Procaps Colombia, CASAND, CAN, and Diabetrics, spanning segments such as soft gelatin capsules, tablets, and nutraceuticals sold across South America, Central America, North America, and Europe. The Marketscreener profile anomalously lists Procaps-related sales and geographic breakdowns under Union Acquisition Corp. II's name, reflecting the post-merger integration, though LATN has been flagged for potential delisting as of early 2025.

Company News

APIChat
  • Procaps Group Completes Business Combination with Union Acquisition Corp. II

  • Union Acquisition Corp. II Announces Shareholder Approval of Business Combination With Procaps Group

  • Procaps Group Announces Launch of Private Placement of U.S. $115 Million Senior Notes

  • Union Acquisition Corp. II and Procaps Group Announce Filing of Definitive Proxy Statement and the September 22, 2021, Extraordinary General Meeting to Vote on Business Combination

  • Procaps Group Unveils New Videos Featuring Corporate Manufacturing and R&D Facilities in Latin America

  • Procaps Group to Host Virtual Investor and Analyst Day on Thursday, August 19, 2021 at 10:00 a.m. Eastern Time

  • Procaps Group Provides Preliminary Update for Second Quarter 2021 Financial Results; Proposed Business Combination with Union Acquisition Corp. II Remains on Track

  • Procaps Group Announces Filing of Registration Statement on Form F-4 in Connection With its Proposed Business Combination with Union Acquisition Corp. II

  • Procaps Group to Report First Quarter 2021 Financial Results on May 13, 2021 After the Market Close

  • Procaps Group Going Public In $1.1 Billion Merger With Union Acquisition Corp II (LATN)

  • Exclusive: Colombian softgel maker Procaps in talks to go public on Nasdaq - sources