10X Capital Venture Acquisition Corp. II (VCXAU)
10X Capital Venture Acquisition Corp. II operates in the Shell Companies industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $8.44, down 17.25% on the session, giving a market capitalisation of $73.6M. On trailing twelve-month figures it carries a trailing P/E of -22.81, a net margin of 0.0%. Its beta of -0.12 implies it has historically moved less than the broad market.
10X Capital Venture Acquisition Corp. II functions as a special purpose acquisition company (SPAC) and currently lacks significant active business operations. Its primary goal is to complete a business combination, which may involve a merger, acquisition of assets or shares, or a similar corporate reorganization, with one or more suitable entities. The company specifically aims to identify technology-driven or technology-enabled businesses across various sectors. These target areas include consumer internet, e-commerce, software, healthcare, transportation/mobility, and financial services, as well as other industries experiencing disruption due to technological progress and new paradigms like artificial intelligence, automation, data science, and Software-as-a-Service (SaaS). This New York-based firm was established in 2021.
10X Capital Venture Acquisition Corp. II is most often compared with the following Financial Services names: