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Black Spade Acquisition II Co (BSII)



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Upturn Advisory Summary
06/05/2025: BSII (1-star) is a SELL. SELL since 2 days. Profits (0.60%). Updated daily EoD!
1 Year Target Price $
1 Year Target Price $
0 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0.6% | Avg. Invested days 106 | Today’s Advisory SELL |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 196.99M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 7.64 - 13.56 | Updated Date 05/25/2025 |
52 Weeks Range 7.64 - 13.56 | Updated Date 05/25/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 194614109 | Price to Sales(TTM) - |
Enterprise Value 194614109 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding 15300000 | Shares Floating 11563740 |
Shares Outstanding 15300000 | Shares Floating 11563740 | ||
Percent Insiders - | Percent Institutions 91.77 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Black Spade Acquisition II Co
Company Overview
History and Background
Black Spade Acquisition II Co was a blank check company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It did not have any specific business combination under consideration at the time of its IPO.
Core Business Areas
- SPAC: Focused on identifying and merging with a private company to take it public. The company itself did not have specific products or services until a merger was completed.
Leadership and Structure
A blank check company, leadership typically consisted of a management team with experience in private equity, investment banking, or specific industries of interest for acquisition. Organizational structure was basic and designed for acquisition efforts, not operations.
Top Products and Market Share
Key Offerings
- Acquisition Vehicle: Its primary 'offering' was its status as a publicly traded acquisition vehicle. Market share considerations are not applicable for SPACs prior to a merger. Competitors are other SPACs.
Market Dynamics
Industry Overview
The SPAC market is highly dynamic and subject to regulatory changes and investor sentiment. It involves identifying attractive private companies for public listing via a merger process.
Positioning
Black Spade Acquisition II Co aimed to position itself as an attractive partner for a private company seeking to go public. Success depended on its management team's deal-making abilities and industry expertise.
Total Addressable Market (TAM)
The TAM is the total value of the private equity and venture capital-backed companies seeking a public listing, estimated in the billions of dollars. Black Spade Acquisition II Co's potential was to capture a portion of this market through a successful merger.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Access to public capital
- Potential for high returns if a successful merger is completed
Weaknesses
- No operating history or revenue until a merger is completed
- Dependence on finding a suitable acquisition target
- Risk of liquidation if no acquisition is completed within a specified timeframe
Opportunities
- Acquire a high-growth private company at an attractive valuation
- Benefit from increased investor interest in certain sectors
- Capitalize on favorable market conditions for SPAC mergers
Threats
- Increased competition from other SPACs
- Unfavorable regulatory changes
- Deteriorating market conditions impacting deal valuations
- Failure to find a suitable acquisition target
Competitors and Market Share
Key Competitors
Competitive Landscape
The competitive landscape includes numerous other SPACs, private equity firms, and venture capital funds all competing for attractive acquisition targets. The SPAC's advantage depended on its management team's network and deal-making expertise.
Growth Trajectory and Initiatives
Historical Growth: No historical growth pre-merger.
Future Projections: Future growth was entirely dependent on the performance of the acquired company post-merger.
Recent Initiatives: Focused on identifying and negotiating a merger with a suitable target company.
Summary
Black Spade Acquisition II Co was a special purpose acquisition company (SPAC) that looked to acquire a private company and bring it to the public markets. The success of the company relied on the management team's ability to find and acquire a company, and the acquired company's subsequent performance. Key risks included competition from other SPACs and the potential failure to complete an acquisition within a reasonable timeframe. Given its nature, pre-acquisition performance metrics were limited.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Market Research Reports
Disclaimers:
This analysis is based on publicly available information and represents a general overview. It is not financial advice, and readers should conduct their own due diligence before making any investment decisions. Performance after any acquisition is not predictable.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Black Spade Acquisition II Co
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2024-10-07 | Co-CEO & Executive Chairman Dr. Chi-Wai Tam (Aust), CMA, CPA, Ph.D. | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website |
Full time employees - | Website |
Black Spade Acquisition II Co does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, and similar business combination with one or more businesses or assets in leisure, entertainment, and lifestyle sectors. The company was incorporated in 2024 and is based in Central, Hong Kong.
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