7GC & Co. Holdings Inc.
VIIAU
NASDAQ Capital Market12.19
USD
+1.84
- -
CIK
0001826011
ISIN
US81786A2069
CUSIP
81786A206
Return %
Stock
S&P500
1Y
21.05
26.53
3Y
15.76
76.60
5Y
17.89
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
- Jack Leeney
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 388 Market Street San Francisco CA United States of America 94111
- IPO Date
- Dec 23, 2020
- CIK
- 0001826011
- Website
- 7gc.holdings
- Similar Companies
- Business
- 7GC & Co. Holdings Inc. (NASDAQ:VIIAU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations and focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting high-growth opportunities in the technology sector; it offers no core products or services beyond this acquisition mandate. Incorporated in 2020 and headquartered at 388 Market Street, Suite 1300, San Francisco, California, the company was formed through a partnership between 7GC, a technology growth fund with offices in San Francisco and Berlin, Germany, and Hennessy Capital, a SPAC sponsor based in Wyoming and Los Angeles. Geographically, it leverages transatlantic networks for deal sourcing in the United States and Europe, aiming at technology enterprises valued between $500 million and $1.5 billion. In December 2023, 7GC & Co. Holdings Inc. completed a reverse merger transaction with Banzai International, Inc., a marketing technology company providing data-driven intelligence solutions, which resulted in Banzai becoming the surviving public entity trading under new tickers and marked the SPAC's primary strategic completion; earlier, in December 2020, it raised $200 million in its initial public offering upsized from $175 million and listed on Nasdaq, while in 2023 it filed an S-4 registration statement with the SEC in August and extended its business combination outside date to December 28 amid amendments removing certain acquisition conditions. Subsequent to the merger, the legacy 7GC units (VIIAU) persist in limited trading contexts with recent financing activities including promissory notes to 1800 Diagonal Lending LLC in August and September 2024.
7GC & Co. Holdings Inc. and Banzai Complete Business Combination
7GC & Co. Holdings Inc. Announces Registration Statement on Form S-4 in Connection With Its Proposed Business Combination With Banzai Has Been Declared Effective
Banzai and 7GC & Co. Holdings Inc. Announce Amendment to Business Combination Agreement