DD3 Acquisition Corp. II
Completed 2021-11-30- CIK 1828957
- DDMX
- Now CDRO
- IPO 2020-12-09
- $125M trust
- 109 filings
Successfully merged with Codere Online Luxembourg, S.A. • Now trading as CDRO
- IPO Size
- $125M
- raised at the IPO
- Trust
- $125M
- as of 2021-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
109 filings over 6 quarters; violet bars carry a milestone
- 20 Q4: 28 filings
- 21 Q1: 5 filings
- 21 Q2: 11 filings
- 21 Q3: 10 filings
- 21 Q4: 49 filings
- 22 Q1: 6 filings
- S-1 filed 20 Q4
- IPO 20 Q4
- Definitive agreement 21 Q2
- Completed 21 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
DD3 Acquisition Corp. II is a blank-check company seeking to complete an initial business combination. Its search focuses geographically on target businesses in Mexico and Hispanic businesses in the United States, without restricting itself to those areas.
Geographic Focus
Mexico, United States
Key Information
As the filings state it
- IPO Date
- 2020-12-09
- PIPE
- $17.2M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2021-11-30
- Merger Target
- Codere Online Luxembourg, S.A.
- SPAC Ticker
- DDMX
- Merged Ticker
- CDRO
Stock Performance
CDROTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2021-01-27 | $10.75 | |
| At Merger | 2021-12-01 | $8.05 | -25% |
| 6 Months Post-Merger | 2022-06-02 | $3.05 | -62% |
| 1 Year Post-Merger | 2022-12-01 | $2.60 | -68% |
| 2 Years Post-Merger | 2023-12-01 | $3.31 | -59% |
| Current Price | 2026-10-16 | $9.45 | -12% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The leadership team has extensive cross-border transaction and investment-banking experience, including founding and completing the business combination of DD3 Acquisition I with Betterware. Martin M. Werner and Jorge Combe have backgrounds at Goldman Sachs and DD3 Capital; their broader team brings experience across several industries and Latin American markets.