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VPC Impact Acquisition Holdings II Limited Bankruptcy Case

VPC Impact Acquisition Holdings II Limited

Chapter 15

Case No. 23-11551·New York Southern·Petition date Sep 27, 2023

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Judge: Michael E. Wiles
Industry: Financial Services

VPC Impact Acquisition Holdings II Limited is a Cayman Islands-incorporated SPAC formed in January 2021, sponsored by Victory Park Capital Advisors, LLC of Chicago. The company raised $255.8 million in its March 2021 Nasdaq IPO, issuing 25,578,466 units at $10 per unit, with proceeds held in trust pending a business combination. In August 2021, it announced a proposed merger with FinAccel Pte. Ltd., a Singapore-based fintech, but the deal was terminated in March 2022, and the company failed to complete an alternative transaction within its 24-month window.

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