Sandbridge X2 Corp.
General Information | |
Business: | 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. (New blank check company incorporated in Delaware) Ken Suslow, our CEO, is the founding managing partner of Sandbridge Capital. He is the former chairman of menswear fashion house Thom Browne, Inc. The Sandbridge fund and the PIMCO private fund are members of the sponsor of Sandbridge X2 Corp. Designer Tommy Hilfiger is a senior advisor to Sandbridge. Sandbridge Capital is a leading global consumer-focused investment firm whose primary target segments include modern consumer brands, disruptive consumer-based technologies, beauty and personal care, luxury, and health and wellness. T Sandbridge Capital’s thesis reflects the disruptive opportunity for innovative “2.0 brands” relative to the value erosion experienced by structurally challenged retail and other legacy concepts. Sandbridge Capital’s principals as a team have invested in 16 consumer brands, including Farfetch Ltd., Mont Blanc Global Group Holdings (Rossignol), The RealReal, Inc., Thom Browne, Inc., Youth To The People Inc., Bonobos and ILIA, Inc., among others. (Note: Sandbridge X2 Corp. upsized its SPAC IPO at pricing on March 9, 2021: 22 million units, up from 20 million, at $10 each to raise $220 million.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 725 5th Ave, 23rd Floor New York, NY 10022 |
Phone Number | (212) 292-7870 |
Web Address | |
View Prospectus: | Sandbridge X2 Corp. |
Financial Information | |
Market Cap | $270.0mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | SBII.U |
Exchange | NYSE |
Shares (millions): | 22.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $220.0 mil |
Manager / Joint Managers | Citigroup/Deutsche Bank Securities |
CO-Managers | - |
Expected To Trade: | 3/10/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |