GX Acquisition Corp. II
GXII
NASDAQ Capital Market6.69
USD
-0.78
- -
CIK
0001826669
ISIN
US36260F1057
CUSIP
36260F105
Return %
Stock
S&P500
1Y
-31.45
24.99
3Y
-33.50
70.19
5Y
-33.50
77.45
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
- Jay R. Bloom
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1325 Avenue of the Americas New York City NY United States of America 10019
- IPO Date
- May 10, 2021
- CIK
- 0001826669
- Website
- gx-acq.com
- Similar Companies
- Business
- GX Acquisition Corp. II (Nasdaq: GXII) operates as a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more businesses. Incorporated in 2020 and headquartered at 1325 Avenue of the Americas, 28th Floor, New York, New York, the company raised $300 million in its March 2021 initial public offering to pursue targets primarily in technology, including applications of AI, blockchain, and 5G; growth infrastructure, such as high-return projects blending corporate finance, project finance, and regulatory expertise; and traditional businesses exhibiting growth potential, catalysts for consolidation, or restructuring opportunities. It targets sectors with favorable tailwinds, economies of scale, cross-selling potential, and follow-on acquisitions, while lacking current significant operations or revenue streams. In March 2023, GX Acquisition Corp. II completed a reverse merger transaction with NioCorp Developments Ltd., pursuant to a business combination agreement originally announced in September 2022, enabling NioCorp to list on Nasdaq while providing up to $71.9 million in net proceeds over three years through associated financings with Yorkville Advisors Global, LP. The deal, valued at an enterprise value of $313.5 million for the combined entity, involved shareholder approvals, SEC Form S-4 effectiveness, and Nasdaq listing conditions, resulting in GXII becoming a wholly-owned subsidiary of NioCorp with consolidated shares outstanding at approximately 30 million. No further major acquisitions, partnerships, funding rounds, or strategic shifts have occurred within the last 1-2 years. The company maintains its New York base with global target focus unbound by geography.