Vector Acquisition Corporation II
VAQC
NASDAQ Capital Market10.67
USD
-0.01
- -
Vector Acquisition Corporation II
VAQC
(NASDAQ Capital Market)
Recent
price
10.67
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Vector Acquisition Corporation II (Nasdaq: VAQC), a blank check company sponsored by Vector Capital, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting the technology and technology-enabled services sectors; it conducts no significant operations prior to completing an initial business combination. The company, incorporated in 2021 and headquartered in San Francisco, California, raised $450 million in an upsized initial public offering of 45 million Class A ordinary shares at $10.00 per share in March 2021, underwritten by Deutsche Bank Securities and BofA Securities. In February 2024, Vector Acquisition Corporation II announced the redemption of all its outstanding public Class A shares effective March 4, 2024, at approximately $10.69 per share from its trust account balance of about $41.8 million, as it failed to consummate a business combination by the March 12, 2024 deadline under its amended articles of association; the company ceased operations except for winding up, with public shares cancelled post-redemption and sponsor founder shares' redemption rights waived.
Vector Acquisition Corporation II Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination