Northern Star Investment Corp. II operates as a special purpose acquisition company, or SPAC, established to facilitate a business combination with a suitable entity. While initially targeting sectors such as beauty, media, technology, e-commerce, or online industries in the United States, the company recently announced its intention to liquidate its trust in January 2024 after being unable to finalize a merger within its designated timeframe. Despite this, Northern Star Investment Corp. II has opted for the uncommon path of maintaining its corporate existence as a shell company, with its shares now trading on the OTC Pink market, as it continues to seek a potential acquisition. The company was formed in 2020 and is headquartered in New York, New York.