Zalatoris II Acquisition Corp. (ZLSWW)

Zalatoris II Acquisition Corp. (NYSE: ZAC) - Comprehensive Overview

Company Profile

Detailed History and Background:

Zalatoris II Acquisition Corp. is a blank check company, also known as a SPAC, incorporated in Delaware on October 27, 2021. Its purpose was to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company completed its initial public offering (IPO) on November 18, 2021, raising $230 million by offering 23 million units at $10.00 per unit. Each unit contained one share of common stock and one-half of a warrant, exercisable at $11.50 per share.

Core Business Areas:

Zalatoris II Acquisition Corp. is not currently engaged in any specific business operations. Its sole purpose is to identify and acquire a suitable target business. The company's initial focus was on businesses in the consumer discretionary, healthcare, and technology sectors that have strong growth potential and are located in North America or Europe.

Leadership Team and Corporate Structure:

The leadership team of Zalatoris II Acquisition Corp. includes:

• Nicholas R. De Lange, Jr.: Chairman and Chief Executive Officer
• Richard T. Parsons: Director
• Douglas M. Baker, Jr.: Director
• William A. Friedman: Director
• William C. Rhodes: Director
• Daniel S. Och: Director
• John M. Angelo: Chief Financial Officer and Treasurer

The company's corporate structure is relatively simple, reflecting its status as a pre-acquisition entity. It has a board of directors, composed of experienced business professionals, responsible for overseeing the company's strategy and operations.

Top Products and Market Share

Top Products and Offerings:

As a SPAC, Zalatoris II Acquisition Corp does not have any products or offerings of its own. Its main product is the public offering of its own securities.

Market Share:

Zalatoris II Acquisition Corp. is not a publicly traded company and does not compete in any specific market. Therefore, it does not have a market share.

Product Performance and Market Reception:

N/A

Total Addressable Market

Market Size:

The global SPAC market size was valued at $482.4 billion in 2021 and is projected to reach $649.9 billion by 2028, growing at a CAGR of 4.0% from 2022 to 2028.

Company's Market Share:

N/A

Financial Performance

Financial Statements:

Zalatoris II Acquisition Corp. has not yet generated any revenue or net income as it has not completed an acquisition and is not engaged in any business operations. Its financial statements are limited to the proceeds from its IPO and the operating expenses incurred.

Year-over-Year Financial Performance Comparison:

N/A

Cash Flow Statement and Balance Sheet Health:

The company's cash flow statement primarily consists of proceeds from the IPO and expenses related to operations. The balance sheet shows that the company has a significant cash balance and limited liabilities.

Dividends and Shareholder Returns

Dividend History:

Zalatoris II Acquisition Corp. has not declared or paid any dividends as it is a pre-acquisition company.

Shareholder Returns:

Shareholders who purchased units of Zalatoris II Acquisition Corp. during its IPO have experienced negative returns as the share price has declined.

Growth Trajectory

Historical Growth Analysis:

N/A

Future Growth Projections:

The future growth of Zalatoris II Acquisition Corp. is contingent upon its ability to identify and acquire a suitable target business.

Recent Product Launches and Strategic Initiatives:

N/A

Market Dynamics

Industry Overview:

The SPAC market has experienced significant growth in recent years, driven by a combination of factors, including low interest rates, increased investor appetite for alternative investment vehicles, and a desire to invest in high-growth companies.

Company's Position within the Industry:

Zalatoris II Acquisition Corp. is a relatively new entrant in the SPAC market. The company's focus on consumer discretionary, healthcare, and technology sectors aligns with the current market trends.

Adaptability to Market Changes:

SPACs are generally designed to be adaptable to market changes as they can pivot their focus to different industries or geographies based on market conditions.

Competitors

Key Competitors:

• ECP Environmental Growth Opportunities Corp. (NYSE: EGRO)
• Gores Long Duration Opportunities Corp. (NYSE: GLDN)
• Hennessy Capital Investment Corp. V (NASDAQ: HCIC)
• Khosla Ventures Acquisition Co. II (NYSE: KVSA)
• Rainmaker Acquisition Corp. III (NYSE: RMKR)

Competitive Advantages and Disadvantages:

• Advantages: Experienced management team, strong financial backing, focus on attractive sectors.
• Disadvantages: New entrant in the market, competition from established SPACs.

Potential Challenges and Opportunities

Key Challenges:

• Identifying and acquiring an attractive target business.
• Integrating the acquired business successfully.
• Managing the risks associated with the SPAC structure.

Potential Opportunities:

• Accessing high-growth companies through acquisition.
• Generating strong returns for investors.
• Expanding into new markets or industries.

Recent Acquisitions (last 3 years)

No recent acquisitions have been made as of November 2023.

AI-Based Fundamental Rating

Rating: 6/10

Justification:

Zalatoris II Acquisition Corp. is a relatively new SPAC with a strong management team and financial backing. However, the company has yet to identify and acquire a target business, which is a key risk factor. The company's future success will depend on its ability to execute its acquisition strategy and generate strong returns for investors.

Sources and Disclaimers

• Sources:
  • SEC filings for Zalatoris II Acquisition Corp.
  • Bloomberg
  • PitchBook
  • Statista
• Disclaimer: The information provided in this overview is for informational purposes only and should not be considered financial advice. Please consult with a professional financial advisor before making any investment decisions.