Thayer Ventures Acquisition Corporation II
TVAIU
NASDAQ Global Market10.40
USD
-0.09
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Thayer Ventures Acquisition Corporation II
TVAIU
(NASDAQ Global Market)
Recent
price
10.40
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.- Similar Companies
- Business
- Thayer Ventures Acquisition Corporation II operates as a blank check company incorporated in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company offers no current products or services beyond its core SPAC structure, which includes units comprising one Class A ordinary share and one right entitling the holder to one-tenth of one Class A ordinary share upon completion of an initial business combination; Class A ordinary shares traded under the symbol TVAI; and rights traded under TVAIR following separation from units on July 2, 2025. It targets opportunities primarily in the travel and hospitality industries, including technology-enabled segments such as supplier-focused data analytics and dynamic pricing providers, corporate travel platforms, artificial intelligence-driven suppliers to travel or transportation providers, alternative lodging platforms, micro-mobility services, and other intelligent transportation services, with a global geographic focus. Founded on April 23, 2024, and headquartered at 25852 McBean Parkway, Suite 508, Valencia, California, the company is led by Co-Chief Executive Officers and Co-Presidents Christopher R. Hemmeter and Mark E. Farrell, who previously sponsored Thayer Ventures Acquisition Holdings II LLC and the prior Thayer Ventures Acquisition SPAC that merged with Inspirato in 2022. Recent developments include pricing a $175 million initial public offering of 17.5 million units at $10.00 per unit on May 14, 2025, which closed on May 16, 2025, with full proceeds of $201.25 million placed in trust and underwritten solely by Stifel Nicolaus & Company, Incorporated; commencement of separate trading for shares and rights in July 2025; and maintenance of pre-deal status with no announced business combination target, partnerships, acquisitions, or extensions as of late 2025.