Forest Road Acquisition Corp. II (FRXB) Stock
Forest Road Acquisition Corp II currently does not engage in significant business operations. Its core purpose is to pursue a strategic business combination, which could take the form of a merger, capital stock exchange, asset acquisition, stock purchase, or corporate reorganization, with one or more companies.
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About Forest Road Acquisition Corp. II
Forest Road Acquisition Corp II currently does not engage in significant business operations. Its core purpose is to pursue a strategic business combination, which could take the form of a merger, capital stock exchange, asset acquisition, stock purchase, or corporate reorganization, with one or more companies. The firm is specifically looking to identify suitable targets within the technology, media, and telecommunications industries. Incorporated in 2020, the entity was formerly known as Forest Road Acquisition Corp. III until it changed its name to Forest Road Acquisition Corp II in January 2021. It is headquartered in New York, New York.
Forest Road Acquisition Corp. II is headquartered in US.
Forest Road Acquisition Corp. II (FRXB) stock trades at $10.43 with a market capitalization of $137.93M. The stock is valued at a price-to-earnings (P/E) ratio of 40.12, price-to-book of 1.15, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $9.85 and $10.67, and currently trades 2.2% below its 52-week high.
On profitability, Forest Road Acquisition Corp. II generates a return on equity (ROE) of 2.88%, return on capital employed of -0.91%, an operating margin of 0.00%, a net profit margin of 0.00%.
Official website: www.spacroadtwo.com