Peridot Acquisition Corp. II
PDOT-UN
New York Stock Exchange10.17
USD
- -
- -
CIK
0001841845
Return %
Stock
S&P500
1Y
3.25
26.53
3Y
1.70
76.60
5Y
1.70
80.11
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
- Preston Powell
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2229 San Felipe Street Houston TX United States of America 77019
- CIK
- 0001841845
- Website
- peridotspac.com
- Similar Companies
- Business
- Peridot Acquisition Corp. II operates as a blank check company whose principal activity involves effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets, with a focus on environmentally sound infrastructure, industrial applications, and disruptive technologies that mitigate greenhouse gas emissions or enhance climate resilience; its target sectors include electrification, clean fuel transportation, energy storage, smart grid technology, renewable energy, biofuels, waste recycling, carbon capture, and related environmental infrastructure. Incorporated as a Cayman Islands exempted company and sponsored by an affiliate of Carnelian Energy Capital Management, L.P., the company is headquartered in Houston, Texas. It generates no operating revenues and holds its IPO proceeds in trust for use in a business combination or redemption. In March 2021, Peridot Acquisition Corp. II completed an upsized initial public offering of 36 million units at $10 each, raising $360 million in gross proceeds, with underwriters led by UBS Securities LLC and Barclays Capital Inc.; units began trading on the NYSE under PDOT.U. Unable to complete an initial business combination within its 24-month tenor, the company announced in February 2023 the redemption of all outstanding Class A ordinary shares at approximately $10.19 per share effective March 13, 2023, following cessation of trading on March 10, 2023; warrants expired worthless, and the company proceeded to wind up operations, delist from the NYSE, and terminate its SEC registration.