Leo Holdings Corp. II
LHC-UN
New York Stock Exchange11.06
USD
-0.05
- -
CIK
0001824153
Return %
Stock
S&P500
1Y
10.16
18.21
3Y
8.01
64.38
5Y
8.01
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
- Lyndon Lea
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- South Ocean Boulevard Nassau Bahamas
- IPO Date
- Jan 8, 2021
- CIK
- 0001824153
- Website
- leoholdings.com
- Similar Companies
- Business
- Leo Holdings Corp. II Leo Holdings Corp. II (NYSE: LHC-UN) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company conducts no significant operations beyond pursuing and completing such a transaction, with a historical focus on entrepreneurially driven consumer growth sectors; it generates no revenue and maintains its funds in trust for potential deals. Incorporated as a Cayman Islands exempted company on September 1, 2020, Leo Holdings Corp. II is headquartered in Nassau, Bahamas, and lists its units, Class A ordinary shares, and warrants on the New York Stock Exchange. The company completed an upsized initial public offering of 37.5 million units at $10.00 per unit in January 2021, raising $375 million including the full exercise of the over-allotment option, with units initially trading under LHC.U and later separating into LHC shares and LHC WS warrants. Subsequent to this, Leo Holdings Corp. II entered into a definitive business combination agreement in January 2023 with World View Enterprises, a stratospheric exploration and flight company valued at approximately $350 million in the proposed deal, aimed at taking World View public. However, in November 2023, amid challenging market conditions, the parties mutually agreed to terminate the business combination agreement, after which Leo ceased all operations except those required to wind up its business, waived redemption rights for initial shareholders on Class B ordinary shares, and anticipated delisting from the NYSE via a Form 25 filing with the SEC.