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Corner Growth Acquisition Corp. 2

Corner Growth Acquisition Corp. 2

TRONW
Corner Growth Acquisition Corp. 2US flagNASDAQ Capital Market
0.05
USD
-0.01
- -
230,994.00Market Cap
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
Net Income, GAAP
- -
7
-1
1
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
Working Capital
1
-2
-4
-5
LT Debt
- -
- -
- -
- -
Total Equity
170
67
10
-6
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
5.73
-2.08
-8.61

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
5
5
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
4
5
5
Payables & Accruals
4
5
5
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-84.56%
Free Cash Flow
- -
- -
-91.35%
Net Income, GAAP
- -
- -
-111.84%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Marvin Tien
Sector
Financial Services
Industry
Shell Companies
Address
251 Lytton Avenue Palo Alto United States of America 94301
CIK
0001847513
Website
cgac2.cornergrowth.com
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Business
Corner Growth Acquisition Corp. 2 (TRONW) operates as a blank check company whose principal activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company offers no products or services beyond its SPAC structure, which facilitates initial public offerings through units comprising Class A ordinary shares and redeemable warrants; it generates no operating revenues and maintains trust account proceeds from its June 2021 initial public offering of $185 million. Incorporated in 2021 as a Cayman Islands exempted company and headquartered in Palo Alto, California, Corner Growth Acquisition Corp. 2 functions as a subsidiary of CGA Sponsor 2, LLC and targets high-growth technology companies primarily in the United States and other developed markets, with geographic operations spanning those regions. Recent developments include a secured non-interest-bearing promissory note loan for up to $1 million from Connor Square, LLC to fund working capital ahead of a business combination; a share purchase agreement executed in August 2024 with Connor Square, LLC, CGA Sponsor 2, LLC, and Class B holders to support completion of an initial business combination by December 31, 2024; an adjournment of its extraordinary general meeting to September 2, 2025, for shareholder proposals on capital increases and bonus share issuances; and multiple extensions of its transaction deadline, including shareholder approval to December 31, 2024.