Rose Hill Acquisition Corporation (NASDAQ: ROSE) is a blank check company with no significant operations that intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets, with a primary focus on Latin American companies valued between $400 million and $1 billion in high-growth industries; its sponsor team comprises experienced Latin American operators, dealmakers, and investors. The company provides public-ready businesses a pathway to Nasdaq listing through such combinations, targeting sectors with historical profitability. Incorporated in 2021 as a Cayman Islands exempted company and headquartered in Atlanta, Georgia, Rose Hill operates principally from the United States with investment scope across Latin American markets including Chile.
In October 2022, Rose Hill announced a definitive business combination agreement with Prize Superfoods, a Chilean exporter of superfruits and nuts, at an initial enterprise value of approximately $425 million, which included a $150 million Standby Equity Purchase Agreement with Yorkville Advisors to support post-merger expansion; the deal aimed to list the combined entity as PRZE on Nasdaq in Q1 2023. However, Rose Hill terminated the Prize merger in November 2023 after failing to secure shareholder approvals despite extensions of its business combination deadline to July 2023, and initiated liquidation proceedings via a winding-up petition in the Cayman Islands Grand Court in January 2024, with a liquidator appointed in February 2024. As of late 2025, no further initial business combinations have been completed or announced, and the company remains in the process of dissolution without active operations or new strategic initiatives.