10X Capital Venture Acquisition Corp. II (VCXA) Stock Analysis
DELISTED 2023
What happened to 10X Capital Venture Acquisition Corp. II (VCXA) stock?
10X Capital Venture Acquisition Corp. II (VCXA) no longer trades on public markets. It was delisted in December 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
10X Capital Venture Acquisition Corp. II (VCXA) trades at $9.15. 10X Capital Venture Acquisition Corp. II is a special purpose acquisition company (SPAC) focused on merging with a technology or tech-enabled business. Market cap: $86.4M, Sector: Financial services.
Last analyzed: Mar 17, 2026Analyst Coverage for VCXA: VCXA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates VCXA against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
VCXA: this read rests on a single discipline (Legends Council) — the other council disciplines have no scored data yet.
How is this calculated? →10X Capital Venture Acquisition Corp. II (VCXA) Financial Services Profile
10X Capital Venture Acquisition Corp. II is a SPAC targeting technology and tech-enabled businesses across various sectors, including consumer internet, e-commerce, and healthcare. The company, incorporated in 2021, seeks a merger, share exchange, or similar business combination, operating without significant current operations and a market capitalization of $86.4M.
What Is the Investment Thesis for VCXA?
Investing in 10X Capital Venture Acquisition Corp. II presents a speculative opportunity tied to the potential success of its future merger. With a market capitalization of $86.4M, the company's value is primarily based on the expectation of identifying and acquiring a high-growth technology business. A successful merger could lead to significant returns, but the investment carries substantial risk. The company's negative profit margin of -2369.4% reflects its current operational status. The negative beta of -0.12 suggests a low correlation with the broader market, but this may change dramatically post-merger. Key catalysts include the announcement and completion of a merger with a promising target. Potential risks include failure to find a suitable target, unfavorable merger terms, or poor post-merger performance of the acquired company.
Based on FMP financials and quantitative analysis
VCXA Key Highlights
Market capitalization of $86.4M reflects its status as a SPAC awaiting a merger.
- Negative P/E ratio of -0.01 indicates the company is currently not profitable.
- Profit margin of -2369.4% highlights the lack of significant operations.
- Gross margin of 25.2% is based on limited activity and may not be indicative of future performance.
- Beta of -0.12 suggests a low correlation with the overall market, typical for SPACs.
Who Are VCXA's Competitors?
VCXA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BACA Berenson Acquisition Corp. I | $10.65 | +0.09% | $84.6M | 44 |
| CDAQ Compass Digital Acquisition Corp. | $10.74 | -0.28% | $83.7M | 46 |
| GPAC Global Partner Acquisition Corp II | $10.05 | +0.10% | $238M | 44 |
| GTAC Global Technology Acquisition Corp. I | $11.48 | -0.17% | $81.4M | 44 |
| IPVF InterPrivate III Financial Partners Inc. | $11.10 | +2.12% | $86.8M | 44 |
| CPBI Central Plains Bancshares, Inc. | $20.97 | +0.24% | $87.7M | 78 |
| MMTXU Miluna Acquisition Corp is a blank check company incorporated in 2025, focusing on mergers, acquisitions, and similar business combinations. The company | $10.75 | +6.44% | $82.7M | 65 |
| RCLFU Rosecliff Acquisition Corp I | $11.33 | +11.74% | $77.2M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are VCXA's Key Strengths?
Experienced management team.
- Focus on high-growth technology sectors.
- Access to public markets and capital.
- Flexibility to pursue a variety of merger targets.
What Are VCXA's Weaknesses?
Lack of operating history.
- Dependence on identifying and completing a successful merger.
- Intense competition from other SPACs.
- Potential for dilution if additional capital is needed.
What Could Drive VCXA Stock Higher?
Announcement of a definitive merger agreement with a target company.
- Completion of the merger transaction.
- Continued evaluation of potential merger targets.
- Monitoring of market trends and competitive landscape in the technology sector.
What Are the Key Risks for VCXA?
Financial-distress signal — its Altman Z-Score of 0.28 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-6.1%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Failure to identify a suitable merger target within the allotted timeframe.
- Unfavorable merger terms that could dilute shareholder value.
- Poor post-merger performance of the acquired company.
- Increased regulatory scrutiny of SPACs and potential changes in regulations.
- Market volatility and economic uncertainty could impact the company's ability to complete a merger.
What Are the Growth Opportunities for VCXA?
- Successful Merger Completion: The primary growth opportunity lies in successfully completing a merger with a high-growth technology company. The target company's sector focus includes consumer internet, e-commerce, software, healthcare, transportation/mobility, and financial services. A well-chosen target could drive significant shareholder value, potentially increasing the company's market capitalization substantially. The timeline for this opportunity is dependent on the company's ability to identify and negotiate a merger agreement, with completion expected within the next 12-24 months.
- Targeting High-Growth Sectors: By focusing on technology and tech-enabled businesses, 10X Capital Venture Acquisition Corp. II positions itself to capitalize on the rapid growth in these sectors. Identifying and merging with a company in a high-growth sector could provide significant upside potential. This strategy leverages the increasing demand for innovative technologies and digital services.
- Leveraging Technological Paradigms: The company's focus on technological paradigms such as artificial intelligence, automation, data science, e-commerce, and software-as-a-service (SaaS) aligns with key trends driving growth in the technology sector. The AI market alone is expected to experience substantial expansion. By targeting companies that are leveraging these technologies, 10X Capital Venture Acquisition Corp. II aims to tap into high-growth areas with significant long-term potential.
- Strategic Partnerships and Alliances: Forming strategic partnerships and alliances with other companies or investors could enhance 10X Capital Venture Acquisition Corp. II's ability to identify and secure attractive merger targets. Collaborations with industry experts or venture capital firms could provide access to a broader network of potential deals and increase the likelihood of a successful merger. These partnerships could also provide additional resources and expertise to support the growth of the acquired company post-merger.
- Operational Improvements Post-Merger: After completing a merger, 10X Capital Venture Acquisition Corp. II can focus on implementing operational improvements and strategic initiatives to drive growth and profitability in the acquired company. This could involve streamlining operations, expanding into new markets, or launching new products and services. Successful execution of these initiatives could lead to increased revenue, improved margins, and enhanced shareholder value. The timeline for these improvements would typically be within the first 12-36 months post-merger.
What Are VCXA's Competitive Advantages?
- Access to public markets and capital for private companies.
- Experienced management team with expertise in mergers and acquisitions.
- Focus on high-growth technology sectors.
What Does VCXA Do?
10X Capital Venture Acquisition Corp. II, incorporated in 2021 and based in New York City, operates as a special purpose acquisition company (SPAC). The company's primary objective is to identify and merge with a promising technology or tech-enabled business. Unlike traditional operating companies, 10X Capital Venture Acquisition Corp. II does not have significant ongoing operations of its own. Instead, it focuses on identifying a target company within sectors such as consumer internet, e-commerce, software, healthcare, transportation/mobility, and financial services. The company is particularly interested in businesses that are being disrupted by technological advancements, including artificial intelligence, automation, data science, e-commerce, and software-as-a-service (SaaS). The ultimate goal is to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination that will bring a high-growth technology company to the public markets. As of 2026, the company is still in the process of identifying a suitable target, and its financial performance is largely reflective of its status as a shell company awaiting a merger transaction.
What Products and Services Does VCXA Offer?
- Identify and evaluate potential merger targets in the technology and tech-enabled sectors.
- Conduct due diligence on target companies to assess their financial performance, growth potential, and competitive positioning.
- Negotiate merger agreements with target companies.
- Raise capital to finance the merger through public or private offerings.
- Complete the merger transaction, bringing the target company public.
- Provide ongoing support and guidance to the acquired company post-merger.
How Does VCXA Make Money?
- Operates as a special purpose acquisition company (SPAC).
- Raises capital through an initial public offering (IPO).
- Seeks to merge with a private company, taking it public without a traditional IPO process.
- Generates returns for investors through the appreciation of the acquired company's stock.
What Industry Does VCXA Operate In?
10X Capital Venture Acquisition Corp. II operates within the shell company industry, specifically as a SPAC. The SPAC market has seen increased activity in recent years, with many companies using this route to go public faster than traditional IPOs. However, the industry is also characterized by high risk and volatility, as the success of a SPAC depends entirely on the quality of the target company it merges with. Competition among SPACs is intense, with numerous firms vying for attractive targets in high-growth sectors like technology and healthcare. The current market trends include increased regulatory scrutiny and investor caution regarding SPAC mergers.
Who Are VCXA's Key Customers?
- Institutional investors who participate in the IPO.
- Retail investors who purchase shares in the secondary market.
- The private company that merges with the SPAC, gaining access to public markets and capital.
Company Profile
10X Capital Venture Acquisition Corp. II operates in the Shell Companies industry within the Financial Services sector. It is headquartered in New York City, US. The company is led by CEO Hans Thomas. VCXA has traded publicly since 2021.
How 10X Capital Venture Acquisition Corp. II Is Valued
10X Capital Venture Acquisition Corp. II carries a market capitalization of $86.4M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for 10X Capital Venture Acquisition Corp. II stands at -6.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -14.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -2.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.02 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -4.0%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
10X Capital Venture Acquisition Corp. II's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.28 places it in the distress zone, a signal of elevated financial risk.
Insider Activity
The most recent 8 insider filings for 10X Capital Venture Acquisition Corp. II break down as 8 sales and 0 purchases. Buying and selling roughly offset over the period, so insider signaling is neutral.
VCXA Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Experienced management team.
- Focus on high-growth technology sectors.
- Access to public markets and capital.
- Flexibility to pursue a variety of merger targets.
Bear Case
- Lack of operating history.
- Dependence on identifying and completing a successful merger.
- Intense competition from other SPACs.
- Potential for dilution if additional capital is needed.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
VCXA Latest News
No recent news available for VCXA.
Classification
Industry Shell CompaniesLeadership: Hans Thomas
CEO
Hans Thomas serves as the CEO of 10X Capital Venture Acquisition Corp. II. His background includes extensive experience in venture capital, private equity, and investment banking. Prior to joining 10X Capital, Mr. Thomas held leadership positions at several technology-focused investment firms, where he was responsible for sourcing, evaluating, and executing investments in high-growth companies. He has a strong track record of identifying and supporting successful technology ventures. Mr. Thomas holds an MBA from a top-tier business school and a bachelor's degree in engineering.
Track Record: Under Hans Thomas's leadership, 10X Capital Venture Acquisition Corp. II has focused on identifying and evaluating potential merger targets in the technology and tech-enabled sectors. While the company has not yet completed a merger, Mr. Thomas has overseen the due diligence process for several potential targets and has worked to build relationships with industry experts and potential partners. His strategic decisions have been aimed at maximizing the company's chances of completing a successful merger that will create value for shareholders.
VCXA Financial Services Stock FAQ
What happened to 10X Capital Venture Acquisition Corp. II (VCXA) stock?
10X Capital Venture Acquisition Corp. II (VCXA) no longer trades on public markets. It was delisted in December 2023. The figures below are historical and are not a current quote.
Can I still buy VCXA shares?
No. VCXA stopped trading on public markets in December 2023, so the shares are not available through a broker. Anything you see quoted for VCXA elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before VCXA stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to 10X Capital Venture Acquisition Corp. II. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does 10X Capital Venture Acquisition Corp. II do?
10X Capital Venture Acquisition Corp. II is a special purpose acquisition company (SPAC) that aims to identify and merge with a private company, effectively taking it public without the traditional IPO process. The company focuses on technology and tech-enabled businesses across sectors like consumer internet, e-commerce, software, healthcare, and financial services.
What do analysts say about VCXA stock?
As of March 17, 2026, analyst coverage of 10X Capital Venture Acquisition Corp. II is limited, reflecting its status as a SPAC awaiting a merger. The stock's valuation is primarily based on the potential of its future acquisition target.
What are the main risks for VCXA?
The main risks for 10X Capital Venture Acquisition Corp. II include the failure to identify a suitable merger target within the allotted timeframe, which could lead to the liquidation of the company and a loss of investment for shareholders. Unfavorable merger terms could also negatively impact shareholder value.
How does 10X Capital Venture Acquisition Corp. II differ from other SPACs?
10X Capital Venture Acquisition Corp. II differentiates itself through its specific focus on technology and tech-enabled businesses across a range of sectors, including consumer internet, e-commerce, software, healthcare, transportation/mobility, and financial services. The company's management team has experience in venture capital and private equity, which could provide an advantage in identifying and evaluating potential merger targets.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The analysis is based on limited information available for SPACs prior to a merger announcement.
- The success of 10X Capital Venture Acquisition Corp. II depends on future events that are inherently uncertain.