7GC & Co. Holdings Inc.
VIIAW
NASDAQ Capital Market0.04
USD
-0.01
- -
CIK
0001826011
ISIN
US81786A1152
CUSIP
81786A115
Return %
Stock
S&P500
1Y
-45.22
26.53
3Y
-97.47
76.60
5Y
-97.47
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
- IPO Date
- Feb 12, 2021
- CIK
- 0001826011
- Website
- 7gc.holdings
- Similar Companies
- Business
- 7GC & Co. Holdings Inc. operates as a publicly traded special purpose acquisition company (SPAC) founded in 2020 and headquartered in San Francisco, California. The company primarily focuses on identifying and acquiring businesses within the technology sector, particularly those in fintech, artificial intelligence, and e-commerce. Its core activities include effecting mergers, capital stock exchanges, asset acquisitions, and reorganizations to establish and grow technology-focused enterprises. 7GC & Co. Holdings engages in investment and management of portfolios with a specialization in emerging global internet category winners through its partnership between the venture fund 7GC and Hennessy Capital. The company offers a range of long-term service contracts primarily with government and large corporate clients, generating substantial recurring revenues. Its portfolio includes manufacturing operations, consumer goods brands, real estate holdings, and legacy software systems, generating diversified income streams. Recently, in December 2023, 7GC & Co. Holdings was acquired by Banzai International, Inc. in a reverse merger valued at approximately $350 million, with a related transaction involving the acquisition of Hyros for about $110 million. This acquisition marked a major strategic expansion and reorganization for the company, which now operates under the Banzai International umbrella. This reverse merger is expected to enhance 7GC & Co. Holdings' market position and financial capabilities across its technology investment and service offerings. Operating mainly in the United States but leveraging a proprietary network between U.S. and European markets, 7GC & Co. Holdings leverages its strategic partnerships to scale its portfolio companies. It benefits from a highly experienced board of directors drawn from prominent venture capital firms and executive teams of leading technology companies. The company’s strategic alliances and capital markets expertise allow it to support the growth of technology ventures with robust venture capital and growth capital resources. Its public listing on Nasdaq under the ticker VIIU reflects its financial services orientation as a special purpose acquisition vehicle aiming for significant mergers or acquisitions in technology-driven sectors. 7GC & Co. Holdings maintains a foundational mission to invest in and nurture high-growth technology businesses, targeting enterprise valuations between $500 million and $1.5 billion. Its strategic transactions and asset management extend across sectors including fintech, sustainable transport, consumer brands, and software, positioning it as a diversified investment entity with steady contract renewals and a strong cash flow profile. The company's latest operational focus is aligned with the strategic combination with Banzai International and expansion into broader technology and data-driven business models, signifying a major evolution in its corporate trajectory.