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Schultze Special Purpose Acquisition Corp. II

SAMA · Nasdaq

Trust settledFinished

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 closing figure

No cash-per-share figure was filed for this vehicle before it finished.

Last close

no quote on file

Daily close

Nothing left to claim

this vehicle finished

There is nothing to hand back: the trust was already paid out to holders pro rata.

Read what happened to the cash

The floor

Trust settled

This SPAC has finished — its trust was paid out or used to close the deal, so there is nothing left to redeem

Read the reasoning behind this verdict

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 from Schultze Special Purpose Acquisition Sponsor II, LLC, listed on Nasdaq in October 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
8 October 2021
size not on file · 101.0% of each $10 unit into trust
Headquarters
800 WESTCHESTER AVENUE, RYE BROOK, NY, 10573
registered in Delaware
Lead underwriter
not extracted from the prospectus yet
Key officers
Walker John J (Director) · ALLEN WILLIAM T (Director) · LAPERCH WILLIAM G (Director)
Listed securities
SAMA common
Cash held per sharenot filed for this window

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.

Next date that mattersno dated event on file

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.

  1. 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 milestone

Every 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. 8 October 2021IPOpassed

    IPO size not on file

The score

deterministic, from filed fields

SAMA 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.

Asymmetric return scoreNeither a price nor a cash-per-share figure is on file for this vehicle, and the score is a ratio between the two. Nothing is estimated to fill the gap.

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.

See the names that are scored, and how

The company

from SEC filings
Read the full profile

Schultze Special Purpose Acquisition Corp. II was a blank-check company whose common shares traded on the Nasdaq Stock Market under the ticker SAMA. The company priced its initial public offering on October 8, 2021, as reflected in 424B prospectus filing 0001213900-21-052061. Its SEC CIK is 0001843100 and its SIC industry code is 6770. The company subsequently liquidated, returning trust cash to shareholders, with the redemption of its Class A Common Stock, Warrant, and Unit established by Form 25 filed on October 11, 2023 under accession 0001354457-23-000737. The SAMA ticker appears on the cover page of an 8-K filed on October 12, 2023 under accession 0001013762-23-003582.

Filings

live EDGAR feed

Everything this company has filed with the SEC recently, newest first, each with a plain summary of what changed and why it matters.

Show the other 10 filings
  • 8-K12 October 20230001013762-23-003582opens on sec.gov in a new tab
  • 25-NSE11 October 20230001354457-23-000737opens on sec.gov in a new tab
  • 8-K28 September 20230001213900-23-080011opens on sec.gov in a new tab
  • PRE 14A11 September 20230001213900-23-075746opens on sec.gov in a new tab
  • 10-Q3 August 20230001213900-23-063065opens on sec.gov in a new tab
    What changed vs 2023-05-08trust $170.5M → $166.7M -2%sponsor loan $140K → $560Kshares 16.5M → 4.92M -70%
    trust account, sponsor loans outstanding, redeemable shares +23 moved · 2 with no prior record of ours
    Trust account
    $170.5M$166.7M

    SpacBrain reads this as $3,879,598 left the trust between the two filings.

    The clause …“Warrants was deposited in the Trust Account, bringing the aggregate proceeds held in the Trust Account to $ 166,650,000 . On April 4, 2023, the Company held a special meeting in lieu of the 2023 annual meeting of stockholders of the”…

    Sponsor loans outstanding
    $140K$560K

    SpacBrain reads this as the sponsor has advanced $420,000 more.

    The clause …“the Company under the New Promissory Note. As of the date of this filing, the outstanding balance under the New Promissory Note was $ 560,000 . Related Party Loans In order to finance transaction costs in connection with a Business”…

    Redeemable shares
    16.5M4.92M

    SpacBrain reads this as 11,584,852 shares are no longer redeemable.

    The clause “00 shares authorized; 4,125,000 and no shares issued and outstanding (excluding 4,915,148 and 16,500,000 shares subject to possible redemption) at June 30, 2023 and December 31, 2022, respectively 412 — Class B common stock, $ 0.0001 par”…

    Combination deadline
    2023-10-13 · unchanged

    The clause …“2022, including any redemptions in connection with the Extension, our initial Business Combination or in the event we do not consummate our initial Business Combination by October 13, 2023, we would not expect the excise tax to apply to”…

    Going-concern doubt
    stated · unchanged

    The clause …“with FASB ASC Topic 205-40, “Presentation of Financial Statements - Going Concern,” management has determined that the liquidity condition due to insufficient working capital and mandatory liquidation, should an initial”…

    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.

  • 10-Q8 May 20230001213900-23-037361opens on sec.gov in a new tab
    What changed vs 2022-10-31trust $167.5M → $170.5M +2%deadline 2023-04-13 → 2023-10-13
    trust account, combination deadline, sponsor loans outstanding +22 moved · 3 with no prior record of ours
    Trust account
    $167.5M$170.5M

    SpacBrain reads this as $3,029,493 was added to the trust between the two filings.

    The clause …“— 123,418 Total Current Assets 226,355 490,212 Cash and marketable securities held in trust account 170,529,598 168,830,546 TOTAL ASSETS $ 170,755,953 $ 169,320,758 LIABILITIES AND STOCKHOLDERS’ DEFICIT Current Liabilities Accounts”…

    Combination deadline
    2023-04-132023-10-13

    SpacBrain reads this as 183 days later than the previous record.

    The clause …“in order to meet our obligations. 18 If we do not consummate an initial Business Combination, or seek and extension, by October 13, 2023, there will be a mandatory liquidation and subsequent dissolution of the Company. In”…

    Sponsor loans outstanding
    not previously extracted$140K

    The clause …“up to an aggregate principal amount of $ 840,000 . As of May 5, 2023, the outstanding balance of the New Promissory Note was $ 140,000 . Related Party Loans In order to finance transaction costs in connection with a Business”…

    Going-concern doubt
    stated · unchanged

    The clause …“with FASB ASC Topic 205-40, “Presentation of Financial Statements - Going Concern,” management has determined that the liquidity condition due to insufficient working capital and mandatory liquidation, should an initial”…

    Redeemable shares
    16.5M · unchanged

    The clause …“200,000,000 shares authorized; no shares issued and outstanding (excluding 16,500,000 shares subject to possible redemption) at March 31, 2023 and December 31, 2022 — — Class B common stock, $ 0.0001 par value; 20,000,000 shares”…

    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.

  • 8-K8 May 20230001213900-23-037344opens on sec.gov in a new tab
  • SC 13G8 May 20230001493152-23-015778opens on sec.gov in a new tab
  • 413 April 20230001213900-23-029635opens on sec.gov in a new tab
  • 413 April 20230001213900-23-029636opens on sec.gov in a new tab

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

Cash in trust at IPO$10.10

Unit: U = S + W · 101.0% of the $10 unit

from 424B4 0001213900-21-052061

Trading & liquidity

Average daily volume (20d)no volume reported on the bars we hold
Average daily $ volumeneeds both volume and a live price
Range over the bars heldnot enough price history
Total cash in trustthe trust total is not in the last XBRL stamp

Company profile

Industry (SIC)Blank Checks (6770)
Registered inDelaware
Exchange · CIKNasdaq · 0001843100

All filings on EDGARopens on sec.gov in a new tab

Directors & officers

Institutional holders

from SC 13G/13D

Funds 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

11 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.

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 full

Every 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.

In plain English

tap a term to open it

Every 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 filings
Data 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.

SAMA — company record
UNIVERSE-HISTORY2026-08-16

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 0001213900-21-052061 priced 2021-10-08; common ticker SAMA off 8-K 0001013762-23-003582 (2023-10-12); lifecycle EXITED. Ending PROVEN, not inferred: LIQUIDATED per Form 25 0001354457-23-000737 (2023-10-11) — 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: Class A Common Stock, Warrant, Unit). 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.

SPONSOR-ID2026-08-14

sponsor "Schultze Special Purpose Acquisition Sponsor II, LLC" (SEC CIK 0001845972) sourced from Form 3 reportingOwner (10% owner) acc 0001213900-21-051940.

Also listed inSPACs with warrantsTerminations & liquidations
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