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Sandbridge X2 Priced, NYSE: SBII.U

Second blank check company formed by Sandbridge Capital targeting a consumer business (liquidated).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination with a company in any sector, we intend to focus our search on the consumer sector and consumer-related businesses, which complements the expertise of our management team, directors and advisors. Our team includes experienced industry operators and investors whose strategic skill-set can be employed to pursue significant value creation opportunities in this environment. We believe our team’s extended global network of relationships with brand operators and owners, built over the course of decades of experience growing and managing iconic consumer brands, will help us identify attractive potential business combination targets, and that the collective experience of our team will make us an attractive partner in the eyes of industry operators who value this competence and expertise. The Sandbridge fund and the PIMCO private fund are members of our sponsor. Sandbridge Capital is a leading global consumer focused investment firm with a global network and deep sector expertise, targeting high-growth, market-leading brands. The PIMCO private fund, part of our sponsor group, is managed by PIMCO, one of the world’s premier fixed income investment managers.
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IPO Data
IPO File Date 02/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/09/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $220
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 3
Website www.sandbridgecap.com

Sandbridge X2 (SBII.U) Performance