Ribbit LEAP, Ltd.
LEAP-UN
New York Stock Exchange10.01
USD
- -
- -
CIK
0001818346
Return %
Stock
S&P500
1Y
- -
18.02
3Y
- -
64.11
5Y
- -
72.15
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
- 364 University Avenue Palo Alto CA United States of America 94301
- IPO Date
- Sep 11, 2020
- CIK
- 0001818346
- Website
- ribbitleap.com
- Similar Companies
- Business
- Ribbit LEAP, Ltd. Ribbit LEAP, Ltd. operates as a blank check company whose sole purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company focuses primarily on opportunities within the financial services and technology sectors worldwide; it offers no current products or services beyond this acquisition mandate. Incorporated in 2020, Ribbit LEAP, Ltd. maintains its headquarters in Palo Alto, California, and counts zero employees as it conducts no significant ongoing operations. In August 2022, Ribbit LEAP, Ltd. announced its decision to liquidate and redeem all outstanding Class A ordinary shares at approximately $10.02 per share after failing to identify a suitable merger target by its deadline, returning roughly $403 million from its trust account to public shareholders; warrants expired worthless as part of the wind-down process. The company had raised $350 million in its initial public offering on the New York Stock Exchange in September 2020, led by underwriter J.P. Morgan, utilizing a novel performance-based structure for founder shares rather than traditional promotes. No further acquisitions, partnerships, funding rounds, or strategic shifts have occurred since the 2022 liquidation, with the entity now in a dormant state pending any potential revival or dissolution.