Trine II Acquisition Corp.
TRAQ-UN
New York Stock Exchange10.47
USD
+0.01
- -
CIK
0001841230
Return %
Stock
S&P500
1Y
4.80
26.53
3Y
4.18
76.60
5Y
4.18
80.11
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.- CEO
- Pierre M. Henry
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 228 Park Avenue South New York City NY United States of America 10003
- CIK
- 0001841230
- Website
- trineacquisitioncorp.com
- Similar Companies
- Business
- Trine II Acquisition Corp. operates as a special purpose acquisition company (SPAC) primarily formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Founded in 2021 and headquartered in New York, New York, the company does not engage in traditional business operations or manufacturing but focuses on raising capital through an initial public offering (IPO) to identify and acquire target companies, particularly within the technology, media, and telecommunications (TMT) sectors in North America and Europe. Its core service is providing a capital vehicle for private companies to go public through a business combination. In terms of recent significant developments, Trine II Acquisition Corp. completed an initial public offering in late 2021, raising approximately $414 million including the full exercise of the IPO over-allotment option. However, by early 2023, the company announced it would redeem all outstanding public shares and not consummate an initial business combination within the required timeframe according to its governing documents. This decision led to the wind-down of its operations and a delisting from the NYSE by May 2023. The company is currently in the process of liquidating and winding up its affairs following the redemption. There have been no subsequent acquisitions, partnerships, or new product launches reported since this operational cessation. Trine II Acquisition Corp. was established to act as a capital acquisition vehicle with no direct sales or manufacturing products. The firm's primary business involves identifying and merging with innovative or disruptive private companies to facilitate their public market entry, focusing on the TMT sector and targeting markets in North America and Europe. The company operates exclusively through its financial and legal structuring functions rather than producing goods or traditional services. This strategic shift marked by the redemption and cessation of business combination efforts represents a major operational change that distinguishes the company’s status as of late 2025. No active subsidiaries or extended product lines are currently operated or reported by Trine II Acquisition Corp. since it remains a blank check company without any completed business combination or acquisition as of the latest publicly available information. The company is headquartered in New York City and was founded in 2021 to serve the SPAC market segment but has since entered the liquidation phase due to non-completion of a merger within the prescribed time limits.