Austerlitz Acquisition Corp II
ASZ · NYSE
NO ACTION REQUIRED
Nothing left to do
The cash went back to shareholders and the company wound up. There is no deadline left to miss.
Cash at settlement
No cash-per-share figure was filed for this vehicle before it finished.
Last close
Daily close
No price history on file yet — daily closes accumulate from the market data feed.
Trust settled · There is no line to draw here. This vehicle has finished: the cash was paid back or spent closing the deal, so the last filed figure describes an account that no longer exists and would be a floor under nothing.
SpacBrain’s read
Trust settled
The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
In plain terms
- What it is
- A SPAC, listed on NYSE in March 2021.
- What it's doing now
- It never completed a purchase. The company wound up and the cash in the account went back to shareholders — the ordinary ending when a SPAC runs out of time. No agreed deal for it is on file with us, so we cannot say whether one was ever announced and later fell through.
- What you should know
- This SPAC has finished. The cash was paid back to shareholders and the company wound up, so there is nothing left to claim — the money went where the charter said it would.
At a glance
- Where it stands
- Liquidated
- Deal
- none — it wound up and returned the cash instead
- Industry
- no filing we hold states a sector this SPAC restricted its search to
- Deal value
- no deal to value — it wound up instead
- Price vs cash at settlement
- no live price on file
- Cash in trust when it settled
- not yet extracted into a snapshot — the filings below may state it
- the last trust total filed while this was still a SPAC — the account has since been paid out or used to close the deal
- IPO
- 1 March 2021
- size not on file · 100.0% of each $10 unit into trust
- Headquarters
- 1701 VILLAGE CENTER CIRCLE, LAS VEGAS, NV, 89134
- registered in the Cayman Islands
- Lead underwriter
- not extracted from the prospectus yet
- Key officers
- Massey Richard N (Chief Executive Officer) · Coy Bryan D. (Chief Financial Officer) · Gravelle Michael L (See Remarks)
- Listed securities
- ASZ common
This vehicle has finished, so there is no window to file a cash-per-share figure for and none will follow. No estimate is shown in its place.
Nothing dated is on file. That is an absence in the record, not a statement that nothing is coming.
Yield to redemption
Nothing left to redeem — no yield to compute.
This SPAC has finished — its trust was paid back or used to close the deal, so there is nothing left to redeem and no yield to compute. A yield to redemption is a claim that you can hand these shares back for the trust cash. That account is closed, so this page will not print a number here.
What happened to the cash
The reasoning behind the verdict above, in the order the filings establish it.
- The trust was liquidated and paid back to holders pro rata — the floor was honoured and the SPAC has wound up, so there is nothing left to claim.
What has happened, and what is coming
1 dated milestoneEvery dated step from the day it listed to the next date you may have to act on. Where you have to do something, the day your broker needs the instruction is marked too.
- 1 March 2021IPOpassed
IPO size not on file
The score
deterministic, from filed fieldsASZ is not in the scored universe, so no score is shown. A withheld score is a fact about the record, not a verdict about the company.
The score is only published for names that carry both a price and a filed cash-per-share figure — 292 of the tracked fleet today. The rest keep an empty dial rather than a modelled one, and fill in by themselves as the fields land.
The company
from SEC filingsRead the full profile
Austerlitz Acquisition Corp II was a blank-check company whose common stock traded on the New York Stock Exchange under the ticker ASZ. The company priced its initial public offering on March 1, 2021, according to a 424B prospectus with accession number 0001193125-21-063818. The ASZ ticker appeared on the cover page of an 8-K filing dated November 22, 2022, under accession number 0001839191-22-000013. The company subsequently liquidated, winding up and returning trust cash to shareholders, as established by a Form 25 filed on December 2, 2022, under accession number 0000876661-22-001074 and rule 17 CFR 240.12d2-2(a)(1). This redemption applied to its units, each consisting of one Class A ordinary share and one-fourth of one warrant, as well as its Class A ordinary shares.
Material findings
from the full read of every filingEvery document this company files gets read whole — body and exhibits. These are the ones the read flagged as material, newest first, each citing its filing.
Both Austerlitz vehicles are being wound up on the same day, so this is a sponsor-level decision to exit the SPAC market rather than a problem with a single shell. Completing redemptions in November 2022 keeps proceeds outside the 1% excise tax on repurchases that begins January 1, 2023. The two-step redemption means holders receive their pro rata trust share whether or not they elect, and the trust amendment forces the trustee to act now rather than waiting for the original March 2023 date.
One sponsor put $2.07 billion into trust on a single day across these two vehicles, both held in cash rather than Treasuries, so neither trust accretes and both redemption values stay at $10.00. The period's $11,147,221 loss is entirely non-cash: $7,891,999 of warrant fair-value movement and $3,181,372 of offering costs allocated to the warrants against $73,850 of operating costs. The redeemable carrying amount is a dollar ABOVE 123,307,000 times $10.00, confirming that the line is the plug that holds equity at $5,000,008.
Filings
live EDGAR feedEverything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.
trust account, combination deadline, going-concern doubt +2nothing moved · 5 with no prior record of ours
- Trust account
- $1.38B · unchanged
- Combination deadline
- 2023-03-02 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $388K · unchanged
- Redeemable shares
- 138.0M · unchanged
The clause …“Prepaid expenses 220,357 542,028 Total current assets 221,312 801,394 Cash held in Trust Account 1,380,000,000 1,380,000,000 Other non-current assets — 80,988 Total Assets $ 1,380,221,312 $ 1,380,882,382 LIABILITIES, ORDINARY SHARES”…
The clause …“Ability to Continue as a Going Concern,” the Company considered that it has until March 2, 2023 to consummate a business combination. On October 3, 2022, the Company filed a preliminary proxy statement to redeem the Public Shares”…
The clause …“condition and mandatory liquidation and subsequent dissolution raise substantial doubt about the ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities for”…
The clause …“earlier of (i) September 30, 2021, or (ii) the completion of the IPO . The outstanding balance under the Promissory Note of $ 388,152 was repaid upon consummation of the IPO. Related Party Loans In order to finance transaction costs”…
The clause …“value; 800,000,000 shares authorized; none issued or outstanding (excluding 138,000,000 shares subject to possible redemption) — — Class B ordinary shares, $ 0.0001 par value; 80,000,000 shares authorized; 29,571,428 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
Show the other 10 filings
What changed: Austerlitz Acquisition Corporation II called an extraordinary general meeting for November 22, 2022 at 1:00 p.m. Eastern to amend its charter and move the termination date forward from March 2, 2023 to November 22, 2022, with a matching trust amendment directing Continental to commence liquidation on that date. Record date is October 28, 2022. Public shares are redeemed at the trust amount including interest not released for taxes, less up to $100,000 for dissolution expenses, first through a voluntary redemption and then by redeeming all remaining public shares. Why it matters: Both Austerlitz vehicles are being wound up on the same day, so this is a sponsor-level decision to exit the SPAC market rather than a problem with a single shell. Completing redemptions in November 2022 keeps proceeds outside the 1% excise tax on repurchases that begins January 1, 2023. The two-step redemption means holders receive their pro rata trust share whether or not they elect, and the trust amendment forces the trustee to act now rather than waiting for the original March 2023 date.
trust account, combination deadline, going-concern doubt +2nothing moved · 5 with no prior record of ours
- Trust account
- $1.38B · unchanged
- Combination deadline
- 2023-03-02 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $388K · unchanged
- Redeemable shares
- 138.0M · unchanged
The clause …“Prepaid expenses 359,723 542,028 Total current assets 360,678 801,394 Cash held in Trust Account 1,380,000,000 1,380,000,000 Forward purchase asset 375,000 — Other non-current assets — 80,988 Total Assets $ 1,380,735,678 $”…
The clause …“Ability to Continue as a Going Concern,” the Company considered that it has until March 2, 2023 to consummate a business combination. It is uncertain that the Company will be able to consummate a business combination by this time.”…
The clause …“a business combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. Management intends to complete the Business Combination prior to the liquidation”…
The clause …“earlier of (i) September 30, 2021, or (ii) the completion of the IPO . The outstanding balance under the Promissory Note of $ 388,152 was repaid upon consummation of the IPO. Related Party Loans In order to finance transaction costs”…
The clause …“value; 800,000,000 shares authorized; no ne issued or outstanding (excluding 138,000,000 shares subject to possible redemption) — — Class B ordinary shares, $ 0.0001 par value; 80,000,000 shares authorized; 29,571,428 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-11-12going concern APPEARED
going-concern doubt, combination deadline, trust account +21 moved · 4 with no prior record of ours
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2023-03-02
- Trust account
- $1.38B · unchanged
- Sponsor loans outstanding
- $388K · unchanged
- Redeemable shares
- 138.0M · unchanged
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“a business combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. Management intends to complete the Business Combination prior to the liquidation”…
The clause …“about an Entity’s Ability to Continue as a Going Concern,” the Company has until March 2, 2023 to consummate a business combination. It is uncertain that the Company will be able to consummate a business combination by this time.”…
The clause …“Prepaid expenses 489,317 542,027 Total current assets 490,902 801,393 Cash held in Trust Account 1,380,000,000 1,380,000,000 Other non-current assets — 80,988 Total Assets $ 1,380,490,902 $ 1,380,882,381 LIABILITIES, ORDINARY SHARES”…
The clause …“earlier of (i) September 30, 2021, or (ii) the completion of the IPO . The outstanding balance under the Promissory Note of $ 388,152 was repaid upon consummation of the IPO. Related Party Loans In order to finance transaction costs”…
The clause …“value; 800,000,000 shares authorized; none issued or outstanding (excluding 138,000,000 shares subject to possible redemption) — — Class B ordinary shares, $ 0.0001 par value; 80,000,000 shares authorized; 29,571,428 shares issued and”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
The sponsor
The people who set this company up, what they have done before, and the advisers around the deal.
No sponsor entity is named in the filings parsed for this SPAC so far.
A missing score, not a score of zero — why
A Sponsor Score is only published once the sponsor’s prior vehicles have been verified on EDGAR and their post-close outcomes priced. That record does not exist for this sponsor yet, so no number and no tier is shown. That is a missing score, not a score of zero — and not a neutral 50 either.
Coverage so far: 301 of 1282 tracked SPACs (23%) are attached to a scored sponsor. This card fills in by itself as the research lands.
The record
The reference detail — how the shares were structured at listing, how thinly they trade, and where the company is registered.
Show the reference detail
Unit structure
Unit: U = S + W/4 · 100.0% of the $10 unit
from 424B4 0001193125-21-063818
Trading & liquidity
Company profile
Directors & officers
- Massey Richard NChief Executive Officer
- Coy Bryan D.Chief Financial Officer
- Gravelle Michael LSee Remarks
- Linehan Mark DavidDirector
- WILLEY FRANK PDirector
- Harris Hugh RDirector
Institutional holders
from SC 13G/13DFunds that have declared a stake above 5%. Heavy ownership by arbitrage funds usually means heavy cash-outs at the next vote.
Show the declared stakes
3 filers with a stake on file · 0 re-affirmed in the last 12 months. A stake with no amendment since is the filer’s last word on it, not proof it is still held — and percentages filed in different years are percentages of different floats, because this vehicle’s share count collapses at every redemption.
- Austerlitz Acquisition Sponsor, LP IIwith 3 other reporting persons on the same schedule30.0% · SC 13GFeb 14, 2022 stale
- HGC Investment Management Inc.7.0% · SC 13GFeb 14, 2022 stale
- GLAZER CAPITAL, LLCwith 1 other reporting person on the same schedule0.0% · SC 13G/AFeb 13, 2023 stale
One line per filer, not per reporting person: a joint schedule names the management company, its funds and often the individual who controls them, and all of them report the same shares. Click a name for that filer’s whole footprint across every SPAC it has declared a stake in.
Sources on file
harvested pages, kept in fullEvery public page we have read about this company, stored in full so a source can never go missing.
Show the sources
39 full SEC filing texts archived — searchable, never lost.
- Vault note — ASZ (Austerlitz Acquisition Corp II)
vault-note · /vault/tickers/ASZ
In plain English
tap a term to open itEvery piece of jargon this page could have used, and what it actually means.
Open the plain-English guide
No floor / floorlessthe cash guarantee is gone — the price is unprotected
A SPAC's downside protection is not the cash in trust; it is your right to demand that cash. Once the redemption window closes, the cash stays with the company and the share can trade anywhere.
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Broker action datethe day your broker needs the instruction — earlier than the official date
Brokers batch redemption instructions to the transfer agent, so the practical cutoff is roughly two business days before the published deadline. This is the date that actually costs people the floor.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Trust discountbuying below the cash held for you
Only meaningful while a redemption right exists. On a floorless name the same arithmetic is not a discount, it is the market pricing distress, and this product will not call it a yield.
Dilutionhow much of the company new shares take from you
Sponsor promote, PIPE shares, warrants and rights all issue stock that did not pay $10 for it. The headline deal value is before that; the effective value is after.
Pro-forma equitywhat the company is valued at once the deal closes
The combined company's equity value assuming the announced terms and the redemptions that have actually happened.
ARShow much upside you get per unit of downside
SpacBrain's asymmetric-return score. It is deterministic — the same inputs always produce the same number — and it is capped, not zeroed, when the floor is gone.
De-SPACthe day the SPAC becomes the real company
The shares stop being a claim on a pot of cash and start being equity in an operating business. Roughly 80% of recent de-SPACs traded below $10 within a year.
Outside datethe contractual long-stop for closing the deal
A deadline between the SPAC and its target, not between the SPAC and you. It confers no right to cash, which is exactly why it must never be counted as a redemption window.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.
Accreted NAV (estimate)the last filed cash figure, plus the interest it should have earned since
A model, not a filing: last filed value compounded at the 3-month T-bill for the days elapsed. Always shown in italic with the word estimate, and never printed beside a filed number without it.
Ask the brain
from its filingsData provenance & audit trail2 internal entries
Written by SpacBrain’s data agents whenever a figure is captured, corrected or flagged, and kept verbatim so every number on this page can be traced back to the filing that states it. This is a running log, not the current record: an early entry may be superseded by a later correction — the panels above always hold the current values.
admitted from the HISTORICAL census (EDGAR's SIC 6770 registrant list, walked in full: 3,325 registrants, 1,167 of which ever priced an IPO). The live discovery job cannot reach this registrant — it reads the filing tape, and this one stopped filing. Admission rule: src/lib/universe-admit.ts. SIC 6770 (Blank Checks); 424B 0001193125-21-063818 priced 2021-03-01; common ticker ASZ off 8-K 0001839191-22-000013 (2022-11-22); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per Form 25 0000876661-22-001074 (2022-12-02) — Form 25 filed under 17 CFR 240.12d2-2(a)(1) — the rule for a class "called for redemption" or "redeemed or paid at maturity/retirement". For a SPAC that class is the public shares and that redemption is the trust going back (class: Units (each consisting of one Class A Ordinary Share and one-fourth of one Warrant), and Class A Ordinary Shares). No wind-up press release was readable on the registrant's own file, so the per-share figure is not stored.. ipoSizeM and deadline left NULL: gross-proceeds prose conflates the over-allotment with the offering, and a charter deadline belonging to a vehicle that has ended is a date nobody can act on. ipoDate is the 424B pricing date.
warrantStrike=11.5, unitSeparationDays=52 from the definitive prospectus (0001193125-21-063818). NOT FILLED: warrantCallPrice — no stated candidate; rightShareRatio — no stated candidate