Corner Growth Acquisition Corp. 2
General Information | |
Business: | Note: This is the second blank-check company — in a group of three under the Corner Growth Acquisition name – established by John Cadeddu and Marvin Tien, the co-founders and general partners of Corner Ventures, a venture capital firm focused on investing in fast-growing technology companies. (Incorporated in the Cayman Islands) Our focus will be on the technology industry in the United States and other countries. Corner Growth Acquisition Corp. 2 was incorporated as a Cayman Islands exempt company on Feb. 10, 2021, and we are led by a team of proven venture capital investors. Corner Ventures and its predecessor funds have backed over 180 different companies, with 30 public exits and 72 exits via acquisition, and maintain a network of relationships with leading early-stage investors, entrepreneurs and executives. Selected examples include: Ambarella, Inc. (NASDAQ: AMBA), Bloom Energy Corp. (NYSE: BE), Eventbrite, Inc. (NYSE: EB), FireEye, Inc. (NASDAQ: FEYE), Glassdoor, Inc. (acquired by Recruit Holdings Co., Ltd.), Grubhub Inc. (NYSE: GRUB), iZettle AB (acquired by PayPal Holdings Inc. (“PayPal”)), Jasper Technologies, Inc. (acquired by Cisco Systems), Nextdoor Inc., 1Life Healthcare, Inc. (NASDAQ: ONEM), OptiMedica Corp. (acquired by Abbott Medical Optics (“AMO”)), Silver Peak Systems, Inc. (acquired by Hewlett Packard Enterprise (“HPE”)), Wealthfront Inc., WeWork Companies Inc., Wix.com Ltd. (NASDAQ: WIX), Xoom Corp. (listed as XOOM on the Nasdaq Global Select Market prior to being acquired by PayPal) and Yelp Inc. (NYSE: YELP). (Note: Corner Growth Acquisition Corp. 2 priced its SPAC IPO on June 16, 2021, in line with the terms in its prospectus: 17.5 million units at $10 each to raise $175 million.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 251 Lytton Avenue, Suite 200 Palo Alto, California 94301 |
Phone Number | (650) 543-8180 |
Web Address | http://www.Cgac2.cornergrowth.com/ |
View Prospectus: | Corner Growth Acquisition Corp. 2 |
Financial Information | |
Market Cap | $218.75mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | TRONU |
Exchange | NASDAQ |
Shares (millions): | 17.5 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $175.0 mil |
Manager / Joint Managers | Cantor Fitzgerald |
CO-Managers | - |
Expected To Trade: | 6/17/2021 |
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 |