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Silver Spike Acquisition Corp Ii

10.22
0.00 (0.00%)
Last Update: 31 Mar 2023 16:30:00
Yesterday: 10.22
Day's Range: 10.22 - 10.22
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10.22
Silver Spike Acquisition Corp II is a special purpose acquisition company (SPAC) that was formed in 2020 with the aim of acquiring a business or businesses in the cannabis industry. The company is sponsored by Silver Spike Capital, a private equity firm that focuses on investing in the cannabis sector.

The company raised $250 million in its initial public offering (IPO) in February 2021, with the intention of using the funds to acquire a cannabis-related business. The company's management team includes experienced professionals with backgrounds in finance, law, and the cannabis industry.

As a SPAC, Silver Spike Acquisition Corp II has a two-year period to identify and complete an acquisition. If the company is unable to find a suitable target within this timeframe, it will be required to return the funds raised in its IPO to its investors.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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