Switchback II Corporation
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- James Edward Mutrie III
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5949 Sherry Lane Dallas TX United States of America 75225
- IPO Date
- Jan 8, 2021
- CIK
- 0001829730
- Website
- swbk2.com
- Similar Companies
- Business
- Switchback II Corporation (SWBK) operates as a blank check company whose principal business activity involves effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities, with a strategic focus on the energy transition and sustainability sectors targeting industries requiring innovative decarbonization solutions. The company offers no standalone products or services beyond its special purpose acquisition vehicle structure, which facilitates public listings for target companies through de-SPAC transactions. Founded in 2020 and headquartered in Dallas, Texas, it maintains operations aligned with U.S. financial markets, primarily the NYSE. In a major development completed on November 4, 2021, Switchback II Corporation was acquired by Bird Global, Inc. (formerly Bird Rides, Inc.) via a reverse merger transaction valued at approximately $2.3 billion, through which Bird went public under new tickers BRDS and BRDS WS while Switchback II shares continue trading independently amid ongoing market activity as of late 2025. This business combination, sponsored by an affiliate of NGP Energy Capital Management, included a $200 million capital commitment featuring a $160 million PIPE led by Fidelity Investments and a vehicle financing facility upsized to $150 million by Apollo Investment Corporation and MidCap Financial. No subsequent major acquisitions, funding rounds, product launches, or strategic shifts have been reported for Switchback II in the last 1-2 years.
WHO says public health risk posed by bird flu virus is low
Bird's first public earnings show missed Q3 revenue, but potential for full-year growth
Bird CEO eyes further e-scooter expansion after going public
Why Shares of Switchback II Corporation Are Volatile Today
Allbirds IPO: When Does Allbirds Go Public? What Is the BIRD Stock IPO Price Range?
Bird Announces Upsizing of Vehicle Financing Credit Facility with Apollo to $150 Million
Bird Global and Switchback II Corporation Announces November 2, 2021 Extraordinary General Meeting Date to Approve Proposed Business Combination
Bird Announces Record Second Quarter and First Half Fiscal 2021 Financial Results
Bird Unveils New Consumer e-Bike, the Bird Bike
Bird to Launch in New York City
Fireside Chat: Meet the Man Who's Forging Our EV Charging Infrastructure
Bird: Birds Of A Feather Flock Together
Why I'm Not Interested in E-Scooter Start-Up Bird
Bird Ride's SPAC filing shows scooter-nomics just doesn't fly
Vehicle Sharing Startup Bird Plans Public Offering With SPAC Merger
Bird Rides to go public via SPAC, at an implied value of $2.3B
Will Bird Be The Word For Investors And Micromobility? What To Know About The Scooter SPAC Deal
Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation
Bird reportedly prepares to go public via SPAC, aims for 2023 profitability
Bird Seeks Public Offering Via SPAC At $2.3 Billion Valuation