| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
53 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
-8 |
| Cash Flow (TTM) (Millions $) |
-1 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Gx Acquisition Corp II is a Special Purpose Acquisition Company (SPAC) that was created on August 5, 2020, under the laws of the Cayman Islands. The company was established to acquire and merge with one or more businesses and is focused on targeting companies in the technology, media, and telecommunications (TMT) sector. The SPAC's founding members include Glafira Yao, a partner at JOOR, and Evan Gentry, the founder and CEO of Money360.
The SPAC went public on October 16, 2020, under the ticker symbol "GXIIU" on NASDAQ. It raised $275 million in its initial public offering (IPO) through the sale of 25 million units, with each unit priced at $10. Each unit consists of one share of common stock and one-half of one warrant, with each warrant entitling the holder to purchase one share of common stock at a price of $11.50.
In terms of management, Gx Acquisition Corp II is led by CEO and Director Evan Gentry, CFO and Director Liz Williams, and Director Michael Rittler. The company's board of directors also includes industry professionals such as Mark Spoto, the CEO of Appen, and Joanne Bradford, the former Chief Marketing Officer at SoFi.
Since its IPO, Gx Acquisition Corp II has not announced any specific merger or acquisition targets. However, the SPAC has noted that it intends to focus on companies with a strong track record of growth in sectors such as software, digital media, e-commerce, and mobile technology. Gx Acquisition Corp II has a two-year window to make an acquisition, following which any remaining funds held in trust will be returned to shareholders.
Company Address: 1325 Avenue of the Americas New York 10019 NY
Company Phone Number: 616-3700 Stock Exchange / Ticker: NASDAQ GXII
|
%