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MTVC (Motive Capital Corp II) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
MTVC does not currently pay a dividend.
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Motive Capital Corp II currently lacks substantial business operations. Instead, its stated purpose is to execute a strategic business combination. This could take the form of a merger, acquisition, stock exchange, or reorganization, targeting one or more companies within the financial software and information services industries. Founded in 2021, the company is headquartered in New York City.
NEW YORK--(BUSINESS WIRE)--Motive Capital Corp II (the “Company”) today announced that commencing January 27, 2022, holders of the units sold in the Company’s initial public offering of 34,137,444 units may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the ticker symbol “MTVC” and “MTVC WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “MTVC U.” No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and warrants. The units were initially offered by the Company in an underwritten offering. UBS Securities LLC and J.P. Morgan Securities LLC acted as joint book-running managers and Academy Securities Inc., AmeriVet Securities, Inc., Loop Capital Markets LLC and Tigress Financial Partners LLC acted as co-managers for the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the "SEC") on December 6, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering of units was made by means of a prospectus. Copies of the prospectus may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus may be obtained for free from the offices of UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, telephone: (888) 827-7275 or email: ol-prospectusrequest@ubs.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by email at prospectus-eq_fi@jpmchase.com. About Motive Capital Corp II Motive Capital Corp II is a newly incorporated special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
NEW YORK--(BUSINESS WIRE)--Motive Capital Corp II (the “Company”) today announced the closing of the issuance of an additional 4,137,444 units pursuant to an exercise of the underwriters' over-allotment option in connection with the Company's initial public offering. The additional units were sold at the initial offering price of $10.00 per unit, resulting in additional gross proceeds of $41,374,440 and bringing the total gross proceeds of the initial public offering to $341,374,440. The Company’s units began trading on the New York Stock Exchange (the "NYSE") under the ticker symbol “MTVC U” on December 7, 2021. Each unit consists of one Class A ordinary share of the Company, and one-third of one redeemable warrant. Each whole warrant entitles the holder to one Class A ordinary share of the Company at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols “MTVC” and “MTVC WS”, respectively. UBS Investment Bank and J.P. Morgan are acting as joint book-running managers for the offering. Academy Securities Inc., AmeriVet Securities Inc., Loop Capital Markets LLC and Tigress Financial Partners LLC are acting as co-managers for the offering. Of the proceeds received from the consummation of the offering (as well as the exercise of the option to purchase additional units) and a simultaneous private placement of warrants, $348,201,928.80 was placed in trust. An audited balance sheet of the Company as of December 9, 2021 reflecting the receipt of the proceeds upon consummation of the initial public offering and the private placement (but not including the closing of the additional units described herein) was included as an exhibit to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the "SEC") on December 15, 2021. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained for free from the offices of UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, telephone: (888) 827-7275 or email: ol-prospectusrequest@ubs.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by email at prospectus-eq_fi@jpmchase.com. The Registration Statement relating to these securities became effective on December 6, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Motive Capital Corp II Motive Capital Corp II is a newly incorporated special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Cautionary Statement Concerning Forward-Looking Statements Certain statements contained in this press release constitute forward-looking statements. All of these statements are based on management’s expectations as well as estimates and assumptions prepared by management that, although they believe to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of Company’s control that may cause its business, industry, strategy, financing activities or actual results to differ materially. The Company undertakes no obligation to update or revise any of the forward-looking statements contained herein, whether as a result of new information, future events or otherwise.
NEW YORK--(BUSINESS WIRE)--Motive Capital Corp II (the “Company”) today announced the pricing of its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit. The Company has granted the underwriters of the offering a 45-day option to purchase up to an additional 4,500,000 units at the public offering price. The units will be listed on the New York Stock Exchange (the "NYSE") and trade under the ticker symbol “MTVC U” beginning December 7, 2021. Each unit consists of one Class A ordinary share of the Company, and one-third of one redeemable warrant. Each whole warrant entitles the holder to one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols “MTVC” and “MTVC WS”, respectively. Motive Capital Funds Sponsor II LLC, an affiliate of Motive Partners in which Motive Capital Fund 2 holds an interest, is the sponsor of the Company. UBS Investment Bank and J.P. Morgan are acting as joint book-running managers for the offering. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus, when available, may be obtained for free from the offices of UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, telephone: (888) 827-7275 or email: ol-prospectusrequest@ubs.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-866-803-9204, or by email at prospectus-eq_fi@jpmchase.com. The Registration Statement relating to these securities became effective on December 6, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Motive Capital Corp II Motive Capital Corp II is a newly incorporated special purpose acquisition company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Cautionary Statement Concerning Forward-Looking Statements Certain statements contained in this press release constitute forward-looking statements. All of these statements are based on management’s expectations as well as estimates and assumptions prepared by management that, although they believe to be reasonable, are inherently uncertain. These statements involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors outside of Company’s control that may cause its business, industry, strategy, financing activities or actual results to differ materially. The Company undertakes no obligation to update or revise any of the forward-looking statements contained herein, whether as a result of new information, future events or otherwise.