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Oaktree Acquisition Corp. Ii  (OACB)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 25
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Oaktree Acquisition Corp. Ii
Oaktree Acquisition Corp. II is a blank check company that was incorporated in Delaware in May 2020. The company was formed by Oaktree Capital Management, L.P. (Oaktree), a leading global investment management firm, and is led by Co-Chairmen Howard Marks and Bruce Karsh. Oaktree Acquisition Corp. II went public in December 2020 and began trading on the New York Stock Exchange (NYSE) under the ticker symbol eOACB.e

The purpose of Oaktree Acquisition Corp. II is to identify and acquire a target company or business that has significant potential for growth and value creation. The target company may be in any industry or sector, but typically will have attractive growth prospects, a proven business model, and a strong management team. Oaktree Acquisition Corp. II has access to the extensive industry relationships, expertise, and due diligence capabilities of Oaktree, which has a long track record of successful investments in a broad range of industries.

Oaktree Acquisition Corp. II is structured as a special purpose acquisition company (SPAC), which allows it to raise capital in an initial public offering (IPO) and then use those funds to acquire a target company. SPACs have become increasingly popular in recent years as an alternative to traditional IPOs or direct listings, as they provide a way for investors to participate in the potential upside of a private company without having to invest in a private equity fund.

The management team of Oaktree Acquisition Corp. II is highly experienced and includes a number of individuals with significant expertise in finance, accounting, and mergers and acquisitions. The team is chaired by Howard Marks, who is a co-founder and chairman of Oaktree Capital Management, and Bruce Karsh, who is co-chairman of Oaktree and has been with the firm since its inception in 1995. Other members of the team include Chief Financial Officer Michael Chan, Chief Operating Officer Matt Massengill, and Chief Investment Officer Drew Wilkerson.

As of August 2021, Oaktree Acquisition Corp. II had not yet announced any specific target for acquisition, but the company has indicated that it is looking for businesses with enterprise values of $1 billion to $3 billion. The company has emphasized its focus on identifying high-quality businesses with strong management teams, attractive growth prospects, and sustainable competitive advantages.

In summary, Oaktree Acquisition Corp. II is a blank check company formed by Oaktree Capital Management, with the goal of identifying and acquiring a target company with significant potential for growth and value creation. The company is led by a highly experienced management team and has access to significant resources and expertise through its affiliation with Oaktree. While the target company has not yet been announced, the company has indicated a focus on high-quality businesses with attractive growth prospects and sustainable competitive advantages.


   Company Address: 333 South Grand Avenue Los Angeles 90071 CA
   Company Phone Number: 830-6300   Stock Exchange / Ticker: NYSE OACB
   


   

Stock Performances by Major Competitors

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Powerup Acquisition Corp

Headline: Blank Checks Company Powerup Acquisition Corp Reports Surge in Operating Profit for Q4 2023

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Kernel Group Holdings Inc

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Broad Capital Acquisition Corp

BRAC's Strong Recovery in Fourth Quarter 2023 Earnings Sparks Investor Interest

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BRAC (Blank Checks Acquisition Corp) recently reported an operating shortfall of $-0.491381 million for the fourth quarter of 2023. Despite this, the company has shown improvement compared to the same period last year. Operating in the progress stage, BRAC's performance has caught the attention of investors and analysts alike.

Climaterock

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Global Star Acquisition Inc

Global Star Acquisition Inc. Reports Operating Profit in Q4 20232.

The Blank Checks industry has been making waves in the financial world, and the latest reports from Global Star Acquisition Inc (GLSTU) only add to the intrigue. With the October to December 31, 2023 reporting season in full swing, GLSTU has disclosed an operating profit of $3.630548 million for the mentioned period. However, it is important to note that this is not a significant increase from the previous fiscal period, as the company reported a net profit of $1.04 million.
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