RMG Acquisition Corporation II

RMG Acquisition Corporation II

RMGBU
RMG Acquisition Corporation IIUS flagNASDAQ Capital Market
9.23
USD
-0.12
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

in mil. unless spec.
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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
50 West Street New York City NY United States of America
IPO Date
Dec 10, 2020
Business
RMG Acquisition Corporation II (NASDAQ: RMGBU) is a blank check company incorporated in the Cayman Islands that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company offers no operating products or services beyond its SPAC structure, including units comprising one Class A ordinary share and one-half of one redeemable warrant. Founded in 2020 and sponsored by Riverside Management Group principals including CEO Robert Mancini, it holds its principal executive offices in New York. In August 2021, the company completed a business combination with ReNew Power Private Limited, India's leading renewable energy independent power producer, resulting in RMG Acquisition Corporation II becoming a wholly owned subsidiary of ReNew Energy Global plc, which trades on Nasdaq under the symbols RNW and RNWWW; the transaction delivered approximately $610 million in net proceeds to ReNew from the trust account and a PIPE financing led by investors such as BlackRock and Chamath Palihapitiya.

Company News

APIChatGPT
  • RMG Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Redeemable Warrants Commencing February 1, 2021