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10X Capital Venture Acquisition Corp. II

VCXA · Nasdaq

Trust settledAfrican Agriculture Holdings Inc. · Finished

NO ACTION REQUIRED

Nothing left to do

The purchase completed and the shares became shares in the company it bought. 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: holders who wanted cash elected it at the vote, and the rest became shares in the buyer.

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 deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

In plain terms

What it is
A SPAC from 10X Capital SPAC Sponsor II LLC, listed on Nasdaq in August 2021.
What it's doing now
It agreed to buy African Agriculture Holdings Inc.. That purchase completed, and it stopped being a SPAC — the shares became shares in the business it bought.
What you should know
This SPAC has finished. The purchase completed, and the shares became shares in the company it bought — anyone who wanted the cash instead asked for it at the vote, so there is no cash left here to claim and no deadline left to miss.

At a glance

Where it stands
Closed (deSPAC)
The business it bought
African Agriculture Holdings Inc. — Agriculture African Agriculture, Inc.
Industry
the deal record does not name the target's industry yet
Deal value
not stated in the filings we hold
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
12 August 2021
size not on file · 104.7% of each $10 unit into trust
Headquarters
445 PARK AVENUE, NEW YORK, NY, 10022
Lead underwriter
not extracted from the prospectus yet
Key officers
Ahmed Osman (Director) · Timis Vasile · Rhodes Michael Dan (Chief Executive Officer)
Listed securities
VCXA 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.

Shares already handed backthe filing does not state a pre-event share count

At the 10 May 2023 event.

0001213900-23-069479opens on sec.gov in a new tab

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 deal closed — SPAC shares became the target's shares, so there is no trust left to redeem (nobody missed a window; holders who wanted cash elected it at the vote).

What has happened, and what is coming

3 dated milestones

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. 12 August 2021IPOpassed

    IPO size not on file

  2. 9 November 2022Shares handed backpassed0001213900-23-069479opens on sec.gov in a new tab

    redemption rate not stated in the filing

  3. 10 May 2023Shares handed backpassed0001213900-23-069479opens on sec.gov in a new tab

    redemption rate not stated in the filing

The deal

terms as filed

What it is buying, on what terms, and how much of the combined company new shares take from you.

Who has already taken their money back

2 filed events

Each time shareholders were offered their cash back, some took it. Heavy cash-outs drain the account and shrink the number of shares left — whatever remains has to carry the deal.

Worst single event

—

no filing states a pre-event share count

Shares redeemed, all events

17.88M

across every filed redemption event

Every figure below is stated in the linked filing; nothing here is estimated.

Show the other 1 cash-out event

The score

deterministic, from filed fields

VCXA 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 — 295 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

10X Capital Venture Acquisition Corp. II was a blank-check company whose common stock traded on the Nasdaq Stock Market under the ticker AAGR. The Securities and Exchange Commission assigned it CIK 0001848898 and SIC industry code 0100 (Agricultural Production-Crops). Its initial public offering was priced on August 12, 2021, under SEC file number 333-253867, an S-1 registration (accession 0001193125-21-068620) of shares sold for cash, with the pricing prospectus filed as 424B4 (accession 0001193125-21-244912). The ticker AAGR appears on the cover page of an 8-K filed December 7, 2023 (accession 0001213900-23-093794). The company completed a business combination and no longer files, with its closed status established by an 8-K filed December 12, 2023 (accession 0001213900-23-095140) reporting a change in shell company status under item 5.06; EDGAR now files the CIK under the name African Agriculture Holdings Inc.

Material findings

from the full read of every filing

Every 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.

  • S-4/A30 October 20230001013762-23-007374opens on sec.gov in a new tab

    The registered ceiling is 63,848,605 shares plus 6,884,908 warrants — the warrant leg is about 11% of the share leg here, a smaller overhang than in most of this slice. The domestication must complete at least one day before closing, so it is a sequenced precondition rather than a simultaneous step, and it is voted on separately from the combination itself. The agreement dates from November 2022 with one amendment in January 2023. No vote date is stated in this portion.

  • S-4/A10 October 20230001213900-23-081307opens on sec.gov in a new tab

    The registered ceiling — 63,848,605 shares plus 6,884,908 warrants — is identical to the figure carried in the following amendment, so it was fixed by this stage. No vote date is stated in this portion, so this version establishes no deadline.

  • S-4/A19 September 20230001213900-23-077781opens on sec.gov in a new tab

    The registered ceiling of 63,848,605 shares plus 6,884,908 warrants is set at this amendment and holds unchanged through the two that follow it. No vote date is stated in this portion.

  • S-4/A11 August 20230001213900-23-066326opens on sec.gov in a new tab

    The registered ceiling of 63,848,605 shares plus 6,884,908 warrants is set at this amendment and holds unchanged through the three that follow it. The agreement dates from November 2022 with one amendment in January 2023. No vote date is stated in this portion.

  • S-4/A30 June 20230001213900-23-053582opens on sec.gov in a new tab

    The registered ceiling of 63,848,605 shares plus 6,884,908 warrants is fixed from this first amendment and does not move through the four that follow. The prospectus date itself is unfilled, which places this early in the comment-and-amend cycle. No vote date is stated.

  • DEF 14A25 April 20230001213900-23-032544opens on sec.gov in a new tab

    This is a deal-driven extension with a committed follow-up vote, so holders who stay keep a second decision point rather than surrendering all control. The two days' notice requirement for each monthly step gives the board near-total flexibility to extend or to stop, and the vehicle can now run to February 2024, nearly two years past its IPO. Redemption at the pro rata trust value remains available at this meeting regardless of how a holder votes, which is the only certain outcome against an African agriculture transaction still nine months from signing without closing.

Show 1 more material filings
  • S-420 January 20230001213900-23-004170opens on sec.gov in a new tab

    This is the baseline of the 10X II / African Agriculture registration and the registered ceiling — 63,848,605 shares plus 6,884,908 warrants — is fixed here and does not move through any of the five amendments that follow. The original registration statement was filed after the agreement had already been amended once, seventeen days earlier. The prospectus date is unfilled. No vote date is stated.

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
  • 10-Q20 May 20240001213900-24-045168opens on sec.gov in a new tab
    What changed vs 2023-11-27deadline 2024-02-13 → 2023-10-31
    combination deadline, trust account, going-concern doubt +11 moved · 3 with no prior record of ours
    Combination deadline
    2024-02-132023-10-31

    SpacBrain reads this as 105 days earlier than the previous record.

    The clause …“extend the payment date of the amounts that were due on March 31, 2023 until October 31, 2023. In consideration for this delay the Company agreed to pay interest of 6.3 % per annum on the delayed payments. The final payments were not,”…

    Trust account
    $47.3Mnot matched in this filing
    Going-concern doubt
    stated · unchanged

    The clause …“date the consolidated financial statements are issued. This condition raises substantial doubt about the Company’s ability to continue as a going concern should capital not be introduced. We intend to seek delays on certain payments”…

    Redeemable shares
    2.12Mnot matched in this filing

    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.

  • NT 10-Q16 May 20240001213900-24-044159opens on sec.gov in a new tab
  • 8-K13 May 20240001213900-24-042393opens on sec.gov in a new tab
  • 10-K/A29 April 20240001213900-24-037171opens on sec.gov in a new tab
  • 10-K16 April 20240001213900-24-033098opens on sec.gov in a new tab
    What changed vs 2023-04-17deadline 2023-05-13 → 2023-10-31
    combination deadline, trust account, going-concern doubt +31 moved · 5 with no prior record of ours
    Combination deadline
    2023-05-132023-10-31

    SpacBrain reads this as 171 days later than the previous record.

    The clause …“extend the payment date of the amounts that were due on March 31, 2023 until October 31, 2023. In consideration for this delay the Company agreed to pay interest of 6.3 % per annum on the delayed payments. The final payments were not,”…

    Trust account
    $47.3Mnot matched in this filing
    Going-concern doubt
    stated · unchanged

    The clause …“in a larger commercial practice. Our independent auditors have expressed substantial doubt about our ability to continue as a going concern. For the fiscal year ended December 31, 2023 the Company incurred a net loss of”…

    Sponsor loans outstanding
    $600Knot matched in this filing
    Mandate language
    we are focusing our efforts on identifying high growth techn…not matched in this filing
    Redeemable shares
    4.64Mnot matched in this filing

    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-K12 April 20240001213900-24-032534opens on sec.gov in a new tab
  • NT 10-K2 April 20240001213900-24-029248opens on sec.gov in a new tab
  • 8-K27 March 20240001213900-24-026572opens on sec.gov in a new tab
  • 8-K22 March 20240001213900-24-025134opens on sec.gov in a new tab
  • 315 March 20240001140361-24-013636opens 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$10.47

Unit: U = S + W · 104.7% of the $10 unit

from 424B3 0001213900-23-084480

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)Agricultural Production-Crops (0100)
Registered innot stated in SEC submissions
Exchange · CIKNasdaq · 0001848898

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

12 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.

News

company wires and the financial press

Reporting we have matched to this ticker. Headlines belong to the outlets that wrote them.

Show the headlines

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

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 trail3 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.

VCXA — company record
UNIVERSE-IPO-INDEX2026-08-17

admitted from EDGAR's QUARTERLY FORM INDEX, walked without any SIC filter. The SIC 6770 census could not reach this registrant: EDGAR reassigns a shell's SIC the day it stops being one, and this CIK now files under 0100 (Agricultural Production-Crops). The screen found it by filing SHAPE instead — S-1 2021-03-04 → 8-A12B 2021-08-09 → 424B4 2021-08-12 — which nothing rewrites. Admission rule: src/lib/universe-admit.ts. SIC 0100 + self-described blank check in 424B4 0001193125-21-244912; 424B 0001193125-21-244912 priced 2021-08-12 under S-1 0001193125-21-068620 (file 333-253867, an offering for cash); common ticker VCXA off 10-Q 0001213900-23-090242 (2023-11-27); lifecycle EXITED. The pricing prospectus was filed under SEC file number 333-253867, which belongs to S-1 0001193125-21-068620 (2021-03-04) — a registration of shares sold for CASH, which is what makes it an IPO rather than merger consideration. Blank-check status from the registrant's own first-person sentence in that prospectus (EDGAR full-text search, 424B4 2021-08-12). Ending PROVEN, not inferred: CLOSED per 8-K 0001213900-23-095140 (2023-12-12) — 8-K item 5.06 "Change in Shell Company Status" (EDGAR item index, items: 1.01,2.01,3.03,4.01,5.01,5.02,5.03,5.05,5.06,7.01,9.01). EDGAR now files this CIK as "African Agriculture Holdings Inc." — the SPAC's own name is kept here and the successor is the target. 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 "10X Capital SPAC Sponsor II LLC" sourced from prospectus definition (10-K) acc 0001193125-22-090065.

Deal — African Agriculture Holdings Inc.
UNTAGGED

[CLOSED-RENAME] EDGAR CIK 0001848898 records "10X Capital Venture Acquisition Corp. II" ending 2023-12-05; the registrant continues as "African Agriculture Holdings Inc.". The rename is the SEC's own record of what the vehicle became, keyed by CIK. Closed 2023-12-05. No deal value is set — a rename says what was acquired, never for how much. No date column is set: Deal has announcedAt, voteDate and expectedCloseAt and nowhere to record an actual close, so the SEC's date is kept here until that column exists. [DEAL-STRUCTURE-MINED] minCashM=10 from primary filings (0001213900-23-004170).

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