Thayer Ventures Acquisition Corporation II Rights
TVAIR
NASDAQ Global Select0.17
USD
-0.02
- -
CIK
0001872228
ISIN
KYG878901100
CUSIP
G87890110
Return %
Stock
S&P500
1Y
-1.71
18.02
3Y
-16.45
64.11
5Y
-16.45
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.- CEO
- Christopher R. Hemmeter
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 25852 Mcbean Parkway Valencia CA United States of America 91355
- IPO Date
- Jul 2, 2025
- CIK
- 0001872228
- Website
- thayerinvestmentpartners.com
- Similar Companies
- Business
- Thayer Ventures Acquisition Corporation II Rights (TVAIR) entitle holders to one-tenth of one Class A ordinary share upon consummation of the initial business combination by Thayer Ventures Acquisition Corporation II, a blank check company formed in 2024 and headquartered in Valencia, California; the corporation has no significant current operations and focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the travel, hospitality, transportation, and technology sectors. Its units, each comprising one Class A ordinary share and one right, raised $175 million in an initial public offering priced at $10 per unit on May 14, 2025, with Stifel Nicolaus acting as sole book-running manager; the sponsor is Thayer Ventures Acquisition Holdings II LLC, led by Co-CEOs and Co-Presidents Mark E. Farrell and Christopher Hemmeter, supported by independent directors including H. Charles Floyd, Ren Riley, Caroline Shin, R. David Edelman, and Robert Ghoorah. Latest developments include the separate trading commencement of Class A ordinary shares (TVAI) and rights (TVAIR) on Nasdaq starting July 2, 2025, following the initial unit trading under TVAIU; as of September 30, 2025, the company reports $0 cash outside its trust account with $461,395 due from the sponsor and continues seeking a business combination target within its 21-month period ending February 16, 2027, with no merger announced to date.