Sandbridge X2 Corp.
SBII-WT
New York Stock Exchange0.00
USD
- -
- -
Sandbridge X2 Corp.
SBII-WT
(New York Stock Exchange)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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.- Similar Companies
- Business
- Sandbridge X2 Corp. (SBII-WT) operates as a blank check company whose purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on the consumer sector and consumer-related businesses including modern consumer brands, disruptive consumer-based technologies, beauty and personal care, luxury, and health and wellness. The company, founded in 2021 and headquartered at 725 Fifth Avenue, 23rd Floor, New York, NY, generates no significant current operations or revenues. It raised $220 million in its March 2021 initial public offering through 20 million units at $10 each, comprising one share of Class A common stock and one-third of a warrant exercisable at $11.50, with PIMCO committing $20 million; management previously sponsored Sandbridge Acquisition Corp., which merged with Owlet Baby Care. In late 2022, the company accelerated its liquidation timeline from March 2023, amending its charter and trust agreement to redeem public shares around December 15 at approximately $10.09 per share following failed merger talks with Hydrow, a rowing machine maker, and issued a $1.5 million unsecured promissory note in May to fund operations. As of December 2025, no business combination has been completed, and shares including warrants (SBII-WT) continue trading over-the-counter.