LIV Capital Acquisition Corp. II
LIVBW
NASDAQ Global Select0.01
USD
-0.01
- -
CIK
0001875257
CUSIP
G5510R113
Return %
Stock
S&P500
1Y
-95.36
18.21
3Y
-96.81
63.29
5Y
-96.81
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
- Torre Virreyes Mexico City DF Mexico 11040
- CIK
- 0001875257
- Similar Companies
- Business
- LIV Capital Acquisition Corp. II is a special purpose acquisition company (SPAC) established to effect mergers, stock exchanges, asset acquisitions, stock purchases, recapitalizations, reorganizations, or similar business combinations with one or more entities. The company primarily targets businesses with a significant presence in Mexico, aiming to leverage its expertise to enhance strategic, operational, and financial performance. LIV Capital Acquisition Corp. II does not produce products or provide traditional services but focuses on identifying and acquiring high-growth companies mainly in the Mexican market. Founded in 2021, it is headquartered in Mexico City, Mexico. Regarding recent major developments, LIV Capital Acquisition Corp. II announced the mutual termination of its pending business combination and proceeded to redeem all outstanding Class A ordinary shares, effective December 8, 2023. Following this, the company ceased operations except for winding up and planned to delist its securities from NASDAQ, reflecting a significant operational change. Before this, LIV Capital Acquisition Corp. II had announced a business combination agreement with Covalto Ltd., a leading digital banking and services platform for small and mid-sized enterprises in Mexico, valued at approximately $547 million; however, this merger did not complete. The company had also envisaged renaming itself and listing under a new ticker post-merger. LIV Capital Acquisition Corp. II operates as an investment holding entity specialized in strategic acquisitions within Mexico, targeting companies that offer long-term sustainable growth opportunities. Its management team provides transactional, financial, managerial, and investment expertise to support growth strategies in sectors it deems promising. The company has no subsidiaries and serves as a vehicle for public investment in private entities via SPAC structures. In summary, LIV Capital Acquisition Corp. II acts as an acquisition vehicle focused on Mexican companies, with core activities centered around effecting business combinations. Its latest significant corporate changes include the termination of a major pending merger, share redemptions, and plans for dissolution or restructuring, marking critical pivots within the last two years in its operations and strategic direction. The company remains headquartered in Mexico City since its incorporation in 2021.