Peridot Acquisition Corp. II (NYSE:PDOT-WT) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Incorporated in the Cayman Islands and founded in 2021, the company is headquartered in Houston, Texas, at 2229 San Felipe Street, Suite 1450, and targets opportunities in environmentally sound infrastructure, industrial applications, and disruptive technologies focused on mitigation and adaptation to climate change, including sectors such as electrification, clean fuel transportation, energy storage, renewable energy, and carbon capture. It offers no current products or services beyond its core SPAC structure, comprising Class A ordinary shares, redeemable warrants (PDOT-WT), and units; generates no revenues; and maintains operations solely to identify and pursue a business combination target on a global basis. In March 2021, Peridot Acquisition Corp. II completed an upsized initial public offering raising approximately $360 million, with $408.45 million in total IPO proceeds placed in trust, led by underwriter UBS and CEO Preston Powell. The company did not consummate an initial business combination within its 24-month tenor, leading to a full redemption of its public shares at approximately $10.19 per share in March 2023, after which public shares ceased trading; warrants (PDOT-WT) continue to trade on the NYSE with no subsequent merger, acquisition, or strategic developments announced as of late 2025.