Tuscan Holdings Corp. II
THCAW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001773087
Return %
Stock
S&P500
1Y
-99.92
18.02
3Y
-99.92
64.11
5Y
-99.92
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- DE United States of America 10022
- IPO Date
- Aug 1, 2019
- CIK
- 0001773087
- Similar Companies
- Business
- Tuscan Holdings Corp. II is a blank check company focused on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities; its management originally targets opportunities in the cannabis industry but remains flexible across sectors and geographies. The company, founded in 2019 and headquartered at 135 E. 57th Street, 17th Floor, New York, NY 10022, generates no significant operations or revenue prior to completing an initial business combination and maintains funds in a trust account for deployment post-transaction. Tuscan Holdings Corp. II offers redeemable public shares, warrants exercisable at $11.50 per share (with half-warrants per unit), and private placement securities to sponsors and underwriters, including units comprising common stock and warrants; it operates in the financial services sector as a special purpose acquisition company (SPAC) with zero employees and a U.S.-based structure under Delaware law. In recent developments, the company mutually terminated its merger agreement with Surf Air Mobility Inc. in November 2022, following an earlier failed pursuit in the cannabis sector and multiple deadline extensions approved by shareholders up to September 2021; as of late 2025, Tuscan Holdings Corp. II remains without a completed business combination, with its warrants (THCAW) trading at minimal values near $0.00 on OTC markets amid indications of potential delisting and no active merger targets announced.