Renaissance Capital logo

Altimeter Growth Corp. 2 Priced, NYSE: AGCB

Second blank check company formed by Altimeter Capital targeting the tech sector (liquidated).

Industry: SPAC

First Day Return: +32.5%

Altimeter Growth Corp. 2 is a newly formed blank check company. Our sponsor is an affiliate of Altimeter Capital Management, a technology-focused investment firm based in Menlo Park, CA and Boston, MA. Brad Gerstner, our Chief Executive Officer, is the founder and CEO of Altimeter. Our objective is to identify, acquire, and operate a business in a secular-growth area of the technology sector that will compound growth over the long-term for exponential value creation, though we reserve the right to pursue an acquisition opportunity in any business or industry. Our business strategy consists of identifying and completing a business combination with a future market leading company to create long-term value for our shareholders. We believe our investment team’s prior experience and track record of investing in public and private technology companies, along with our rigorous bottoms-up research approach, are differentiated and will enable us to successfully identify and execute an initial business combination. We will leverage Altimeter’s extensive network of relationships, ranging from senior management teams at public and private companies to world-class investment partners and advisors, to assist in the identification of potential targets for the initial business combination.

Altimeter Growth Corp. 2 (AGCB) Performance

Created with Highcharts 10.3.2Chart context menuAGCB vs. IPO Index (IPOUSA)Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '25-50%0%-100%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index