Vistas Acquisition Company II Inc.

General Information
Business:

We intend to search globally (with a primary focus on the Asia Pacific, European and Middle Eastern regions) for target companies within the technology sector, having an enterprise value in the range of $600 million to $1 billion, with a specific focus on consumer technology, media and entertainment. We will not undertake a business combination with any entity with its principal business operations in China, including Hong Kong and Macau. (Incorporated in the Cayman Islands)

We intend to focus on industries that complement our team’s experience and background, and to capitalize on the ability of our management team, directors and strategic advisors to identify and acquire a business within the technology, media and entertainment sector with special emphasis on:

•        Consumer Technology  Consumer technology refers to any form of technology that is intended for use by public consumers, as opposed to technology created for governmental, military, or commercial use. Consumer technology comes in a variety of different forms that are applied in many of the most commonly seen consumer products and services that people utilize daily. Within the consumer technology space, we intend to focus on businesses in the high growth sectors globally (with a primary focus on the Asia Pacific, European and Middle Eastern regions), including logistics and supply chain, education technology, financial technology (FinTech), e-Commerce and digital marketplaces.

•        Media and Entertainment — Vistas Media is a media content and technology company headquartered in Singapore with a global footprint across the ecosystem of media and entertainment (“M&E”). Vistas Media is constantly evaluating new investment opportunities to further strengthen the value chain across geographies within the M&E space, including content, film, visual effects facilities, animation, streaming, augmented and virtual reality, music, digital media, gaming and e-sports and blockchain technology enabled new media firms. As a result, significant inroads and relationships have been developed with the M&E sector across the value chain, in key geographies such as India, USA, Canada, UK and the Middle East & North Africa (MENA) region. We intend to focus specifically on companies that are positioned to benefit directly from the growth of media technology and digitally available content.

Vistas Acquisition Sponsor II LLC, our sponsor, is owned by Vistas Media Capital Pte. Ltd., a Singapore-based investment holding company whose key businesses and investments lie at the intersection of technology and media. Through Vistas Media Capital’s network and offices across Singapore, India, the U.A.E., the USA and Canada, significant inroads and relationships have been developed and grown within the technology and media sectors.

In August 2020, Vistas Media Acquisition Company Inc. (Nasdaq: VMAC) consummated its initial public offering, generating gross proceeds of $100,000,000, and its securities began trading on Nasdaq. Vistas Media Capital Pte. Ltd. is the parent of VMAC’s sponsor, Vistas Media Sponsor LLC. In March 2021, VMAC entered into a definitive business combination agreement with Anghami Inc. (“Anghami”), the leading music streaming platform in the Middle East and North Africa. Upon consummation of the transaction on Feb. 4, 2022, Anghami became the first Arab technology company to be listed on Nasdaq.

(Note: Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described herein. Only whole warrants are exercisable.)

(Note: Vistas Acquisition Company II Inc. filed its S-1 on July 13, 2022; its confidential IPO paperwork was filed on July 16, 2021.)

(Note: Vistas Acquisition Company II Inc. is offering 20 million units at $10.00 each, according to its S-1. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as described herein. Only whole warrants are exercisable.)

Industry: BLANK CHECK
Employees: 0
Founded: 2021
Contact Information
Address 30 Wall Street, 8th Floor New York, New York 10005
Phone Number (212) 859-3525
Web Address
View Prospectus: Vistas Acquisition Company II Inc.
Financial Information
Market Cap $254.87mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol VACXU
Exchange NASDAQ
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers EF Hutton
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change