Forest Road Acquisition Corp. II logo

Forest Road Acquisition Corp. II (FRXB-WT)

Market Closed
28 Nov, 20:00
NYSE NYSE
$
0. 02
-0
-18.8%
$
137.93M Market Cap
- P/E Ratio
- Div Yield
0 Volume
- Eps
$ 0.03
Previous Close
Add Transaction
Day Range
0.02 0.03
Year Range
0.02 0.03
Want to track FRXB-WT and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

FRXB-WT closed Tuesday lower at $0.02, a decrease of -18.8% from Monday's close, completing a monthly increase of 0% or $0.02. Over the past 12 months, FRXB-WT stock gained 0%.
FRXB-WT is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

FRXB-WT Chart

Forest Road Acquisition Corp. II (FRXB-WT) FAQ

What is the stock price today?

The current price is $0.02.

On which exchange is it traded?

Forest Road Acquisition Corp. II is listed on NYSE.

What is its stock symbol?

The ticker symbol is FRXB-WT.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 137.93M.

Has Forest Road Acquisition Corp. II ever had a stock split?

No, there has never been a stock split.

Forest Road Acquisition Corp. II Profile

Trading Companies & Distributors Industry
Industrials Sector
Mr. Zachary Tarica CEO
NYSE Exchange
- ISIN
United States Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Forest Road Acquisition Corp. II is a company with a strategic focus on effectuating mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or related business combinations with one or more businesses. Primarily targeting the technology, media, and telecommunications sectors, this company operates as a blank check company, meaning it was established with the intention of entering into a merger or acquisition with one or more unidentified companies within these sectors. Initially known as Forest Road Acquisition Corp. III, the company changed its name to Forest Road Acquisition Corp. II in January 2021, signaling a revision in its strategic direction or corporate structure. Incorporated in 2020 and based in New York, New York, Forest Road Acquisition Corp. II positions itself within a niche market, leveraging the expertise of its team to identify potential acquisition targets that can create shareholder value.

Products and Services

As a blank check company, Forest Road Acquisition Corp. II's offerings revolve around its core strategy of facilitating significant business transactions. Below are the primary services it aims to provide:

  • Merger Facilitation
  • The company seeks to effectuate mergers with entities in the technology, media, and telecommunications sectors, offering a pathway for private companies to go public through a merger with a publicly listed entity like itself.

  • Capital Stock Exchange
  • Forest Road Acquisition Corp. II also focuses on capital stock exchange opportunities, where it can exchange its own stock as part of an acquisition deal or strategic partnership, enabling a seamless transaction process for both parties involved.

  • Asset Acquisition
  • Identifying and acquiring valuable assets within its target industries forms another cornerstone of the company’s strategy, allowing it to grow its portfolio and enhance shareholder value through strategic acquisitions.

  • Stock Purchase Agreements
  • In addition to mergers and acquisitions, the company is involved in stock purchase transactions, buying equity in promising companies to gain a strategic stake that could benefit its overall mission and financial outlook.

  • Reorganization and Business Combination
  • Lastly, Forest Road Acquisition Corp. II is poised to participate in reorganization processes or related business combinations, offering strategic solutions and capital infusion to companies in need of restructuring or growth initiatives.

Contact Information

Address: 1177 Avenue of the Americas
Phone: 917 310 3722