Welcome to our dedicated page for 10X Capital Venture Acquisition II news (Ticker: VCXAW), a resource for investors and traders seeking the latest updates and insights on 10X Capital Venture Acquisition II stock.
10X Capital Venture Acquisition Corp. II, also known as 10X II, is a blank check company established to facilitate mergers, acquisitions, and business combinations. With a focus on merging with one or more businesses, 10X II aims to create value and growth opportunities for its shareholders. African Agriculture, Inc., one of the potential targets for 10X II, is a prominent player in the global food security sector. By operating a large-scale alfalfa farm, African Agriculture addresses the increasing need for agricultural commodities worldwide.
10X Capital Venture Acquisition Corp. II (Nasdaq: VCXAU) announced that starting October 1, 2021, holders of units sold in the IPO can separately trade Class A ordinary shares and warrants. The separated shares will trade under the symbols 'VCXA' and 'VCXAW' on Nasdaq, while unseparated units will continue under 'VCXAU.' This transition allows for more trading flexibility. The units were initially offered with Cantor Fitzgerald & Co. as the sole book-running manager, and the registration was approved by the SEC on August 10, 2021.
10X Capital Venture Acquisition Corp. II (Nasdaq: VCXAU) successfully closed its initial public offering, raising $200 million from the sale of 20 million units priced at $10.00 each. The units began trading on Nasdaq under the symbol VXCAU on August 11, 2021. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant. The company, a blank-check entity, aims to merge with high-growth technology businesses across various sectors, including eCommerce and healthcare. Cantor Fitzgerald & Co. managed the offering, granting a 45-day option for underwriters to purchase additional units.
10X Capital Venture Acquisition Corp. II has announced the pricing of its initial public offering (IPO) of 20 million units at $10.00 per unit, to be listed on the Nasdaq under the symbol VCXAU starting August 11, 2021. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with the whole warrant exercisable at $11.50 per share. The company aims to merge or acquire high-growth technology businesses across various sectors. Cantor Fitzgerald & Co. is the sole book-running manager and has a 45-day option for additional units.
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