Union Acquisition Corp. II
LATNW
NASDAQ Capital Market1.10
USD
-0.02
- -
CIK
0001766146
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
63.29
5Y
423.81
74.90
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- United States of America
- IPO Date
- Dec 9, 2019
- CIK
- 0001766146
- Similar Companies
- Business
- Union Acquisition Corp. II (LATNW) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company offers no current products or services beyond its SPAC structure, including ordinary shares, redeemable warrants exercisable at $11.50 per share, and units comprising one ordinary share and one warrant; it originally targeted businesses in Latin America but pursued opportunities more broadly. Incorporated in 2018 as a Cayman Islands exempted company and headquartered in Miami, Florida, Union Acquisition Corp. II completed its initial public offering of 20 million units at $10.00 each on Nasdaq in October 2019 under the symbols LATN, LATNU, and LATNW, raising $200 million in gross proceeds. In September 2021, the company consummated a business combination with Procaps Group, S.A., a Latin America-based pharmaceutical and healthcare firm, resulting in Procaps listing on Nasdaq under PROC and PROCW while Union Acquisition Corp. II's warrants persist as LATNW amid indications of potential delisting for the ordinary shares. No major changes, such as new mergers, funding, or operational shifts, have occurred in the last 1-2 years.