Northern Star Investment Corp.
NSTB-WT
New York Stock Exchange0.01
USD
+0.00
- -
CIK
0001834518
Return %
Stock
S&P500
1Y
-80.00
26.84
3Y
-80.00
77.03
5Y
-80.00
80.55
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
- Joanna Coles
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001834518
- Similar Companies
- Business
- Northern Star Investment Corp. II (NSTB) operates as a blank check company whose principal business activity is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. Incorporated in 2020 and headquartered at The Chrysler Building in New York, New York, the company functions within the shell companies segment of the financials sector and trades on the OTC Markets under the ticker NSTB, with associated warrants trading as NSTB-WT; it is a subsidiary of Northern Star II Sponsor LLC. NSTB provides a merger vehicle exclusively, offering public listing capabilities and potential capital infusion to private companies seeking access to public markets without traditional IPO processes; its targeted sectors historically include consumer-facing industries such as direct-to-consumer e-commerce, beauty and wellness, food and beverage, fashion and apparel, and home goods. Recent major developments include the liquidation of its trust account in January 2024, distributing approximately $10.48 per share pro rata to remaining public shareholders while retaining shares and warrants to continue trading as a public shell on pink sheets, thereby freeing the company from standard SPAC rules and enabling future non-SPAC mergers potentially supported by PIPE financing; transfers to NYSE American in March 2023 followed by delisting proceedings for warrants in December 2023 due to low trading prices; and a $1.5 million SEC settlement in January 2024 for pre-IPO discussions with a target (Apex Fintech, deal terminated November 2021) that violated disclosure rules, payable upon any future merger closure. A special meeting of stockholders occurred on December 30, 2024, as reported in its latest Form 8-K filing, amid ongoing operations as a shell entity with no current significant operations or completed business combination.