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Motive Capital II Priced, NYSE: MTVC.U

Second blank check company formed by Motive Partners targeting fintech (liquidated).

Industry: SPAC

Latest Trade: $10.50 0.00 (0.0%)

First Day Return: -0.1%

Return from IPO: +5.0%

Industry: SPAC

We are a newly incorporated blank check company. Our sponsor is an affiliate of Motive Partners GP, LLC (together with its affiliates, “Motive Partners” or “Motive”), a specialist private equity firm with extensive investment, operating and innovating experience. Specifically, Motive is focused on making investments in growth equity and buyout transactions in respect of which it can exercise control and/or significant influence focused on financial software and information services companies operating at the intersection of the financial and business services sectors (“financial technology”), generally headquartered in North America and Europe. We intend to focus on private businesses where we believe Motive’s background and experience, with our assistance, can execute a plan to create value for our shareholders in the public markets. While we may pursue an acquisition opportunity in any financial technology business in any geographical location, we intend to focus our search on a target that aligns with the background and experience of Motive in financial technology. We expect to focus primarily on companies that serve five primary sub-sectors of our market segment: Banking & Payments; Capital Markets; Data & Analytics; Insurance; and Investment Management.
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IPO Data
IPO File Date 11/15/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/06/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
UBS Investment Bank
J.P. Morgan
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 3
Website www.motivepartners.com

Motive Capital II (MTVC.U) Performance