Property Solutions Acquisition Corp. II
PSAGU
NASDAQ Capital Market10.06
USD
-0.02
- -
CIK
0001833235
ISIN
US74350A2078
CUSIP
74350A207
Return %
Stock
S&P500
1Y
3.29
18.02
3Y
1.72
64.11
5Y
1.72
72.15
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
- Jordan D. Vogel
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 654 Madison Avenue New York City NY United States of America 10065
- IPO Date
- Mar 4, 2021
- CIK
- 0001833235
- Similar Companies
- Business
- Property Solutions Acquisition Corp. II operates as a blank check company focused on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities, primarily targeting companies that service the real estate industry including real estate service providers and property technology or PropTech firms; its securities structure includes units, Class A common stock under ticker PSAG, and warrants under PSAGW; it conducts no significant ongoing operations beyond pursuing such a combination. Incorporated in 2020 as a Delaware corporation with headquarters at 654 Madison Avenue, Suite 1009, New York, New York, the company raised $317 million in its upsized initial public offering in March 2021 led by EarlyBIRDCapital, with co-chief executive officers Jordan Vogel and Aaron Feldman, co-founders of Benchmark Real Estate Group. In December 2022, following the expiration of its 24-month tenor without completing a business combination, stockholders approved a charter amendment at a special meeting on December 22, 2022, triggering the redemption of all outstanding public shares at approximately $10.10 per share from its trust account, cessation of operations except for wind-up activities, delisting from Nasdaq via Form 25, and subsequent liquidation and dissolution under Delaware law, with warrants expiring worthless.
Property Solutions Acquisition Corp. II Securities to Commence Separate Trading