Description

10X Capital Venture Acquisition Corp. II functions as a special purpose acquisition company (SPAC) and currently lacks significant active business operations. Its primary goal is to complete a business combination, which may involve a merger, acquisition of assets or shares, or a similar corporate reorganization, with one or more suitable entities. The company specifically aims to identify technology-driven or technology-enabled businesses across various sectors. These target areas include consumer internet, e-commerce, software, healthcare, transportation/mobility, and financial services, as well as other industries experiencing disruption due to technological progress and new paradigms like artificial intelligence, automation, data science, and Software-as-a-Service (SaaS). This New York-based firm was established in 2021.