VPC Impact Acquisition Holdings II
VPCB
NASDAQ Capital Market10.28
USD
+0.01
- -
CIK
0001840792
ISIN
KYG9460L1260
CUSIP
G9460L126
Return %
Stock
S&P500
1Y
4.90
26.99
3Y
4.15
77.19
5Y
4.15
79.08
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
- Brendan Francis Carroll
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 150 North Riverside Plaza Chicago IL United States of America 60606
- IPO Date
- Apr 26, 2021
- CIK
- 0001840792
- Website
- victoryparkcapital.com
- Similar Companies
- Business
- VPC Impact Acquisition Holdings II is a special purpose acquisition company (SPAC) formed in 2021 and headquartered in Chicago, Illinois. The company primarily operates as a blank check entity with the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Its main strategic focus is on identifying and partnering with high-growth fintech companies with an enterprise value in the range of approximately $800 million to $3 billion, predominantly with operations outside the United States. As a SPAC, VPC Impact Acquisition Holdings II does not directly engage in operational business activities nor generate revenue, but rather seeks to facilitate the growth and capital access of target fintech businesses through its acquisition strategy. Regarding recent corporate changes, in early 2023, VPC Impact Acquisition Holdings II announced the redemption of all its outstanding Class A ordinary shares and the decision not to consummate an initial business combination by the deadline in March 2023. Subsequently, the company entered voluntary liquidation as of April 2023. Historically, VPC Impact Acquisition Holdings II was sponsored by an affiliate of Victory Park Capital, a global investment firm specializing in alternative credit and equity investments in fintech, which has itself become a majority-owned affiliate of Janus Henderson Group as of 2024. The company had notable past activities including attempts to merge with companies such as FinAccel and the planned combination with Bakkt Holdings, which was a separate SPAC venture related to Victory Park Capital but distinct from VPC Impact Acquisition Holdings II. In summary, VPC Impact Acquisition Holdings II is a Chicago-based fintech-focused blank check acquisition company founded in 2021, aimed at driving mergers in global fintech markets but has recently moved towards liquidation without completing a business combination. It is sponsored by Victory Park Capital and connected to broader fintech investment strategies through this affiliation and Janus Henderson Group affiliation.