Vector Acquisition Corporation II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2021 and is based in San Francisco, California.
IPO Year: 2021
Exchange: NASDAQ
Website: vectorcapital.com
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Vector Acquisition Corporation II (the "Company") (NASDAQ:VAQC), a special purpose acquisition company, today announced that it will redeem all of its outstanding publicly held Class A ordinary shares (the "Public Shares"), effective as of the close of business on March 4, 2024, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association (the "Articles"). As stated in the Company's Articles, if the Company is unable to complete an initial business combination by March 12, 2024, the Company will: (i) cease all operations except for the purpose of winding up; (ii) as promptly as re