SPAC · Merger completed
Switchback II Corporation
Business combination with Bird Rides, Inc.
Switchback II Corporation is a blank-check company (SPAC) that raised $275M in its initial public offering on Jan 11, 2021, listing on New York Stock Exchange. It completed its business combination with Bird Rides, Inc. on Nov 4, 2021; the combined company is Bird Global, Inc. (BRDS). Goldman Sachs led the IPO. Vinson & Elkins advised the SPAC and Latham & Watkins advised the underwriters on the IPO.
Bird is an electric vehicle transportation company that provides a fleet of shared electric scooters to riders in over 200 cities. It also sells its products through its website and retailers, and partners with cities to offer affordable transportation.
- Status
- Merger completed
- IPO date
- Jan 11, 2021
- IPO size
- $275M
- IPO exchange
- New York Stock Exchange
- Target
- Bird Rides, Inc.
- Announced
- May 12, 2021
- Closed
- Nov 4, 2021
- Combined company
- Bird Global, Inc. (BRDS)
- IPO underwriters
- Goldman Sachs
- SPAC counsel (IPO)
- Vinson & Elkins and Maples and Calder
- Underwriters' counsel (IPO)
- Latham & Watkins
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jan 11, 2021
- Deal announcement (8-K) May 12, 2021
- Press release
- All filings on EDGAR CIK 1829730
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- Aurora Innovation, Inc.via Reinvent Technology Partners Y · closed Nov 3, 2021
- Lottery.com, Inc.via Trident Acquisitions Corp. · closed Oct 29, 2021
- NextNav Inc.via Spartacus Acquisition Corp · closed Oct 28, 2021