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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Market Cap : $58.90 Mil (As of May. 25, 2024)


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What is Corner Growth Acquisition 2 Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Corner Growth Acquisition 2's share price for the quarter that ended in Mar. 2024 was $11.49. Corner Growth Acquisition 2's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 5.08 Mil. Therefore, Corner Growth Acquisition 2's market cap for the quarter that ended in Mar. 2024 was $58.34 Mil.

Corner Growth Acquisition 2's quarterly market cap increased from Sep. 2023 ($72.76 Mil) to Dec. 2023 ($75.36 Mil) but then declined from Dec. 2023 ($75.36 Mil) to Mar. 2024 ($58.34 Mil).

Corner Growth Acquisition 2's annual market cap declined from Dec. 2021 ($228.48 Mil) to Dec. 2022 ($123.44 Mil) and declined from Dec. 2022 ($123.44 Mil) to Dec. 2023 ($75.36 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Corner Growth Acquisition 2's Enterprise Value for Today is $61.93 Mil.


Corner Growth Acquisition 2 Market Cap Historical Data

The historical data trend for Corner Growth Acquisition 2's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Corner Growth Acquisition 2 Market Cap Chart

Corner Growth Acquisition 2 Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
228.48 123.44 75.36

Corner Growth Acquisition 2 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.68 70.04 72.76 75.36 58.34

Competitive Comparison of Corner Growth Acquisition 2's Market Cap

For the Shell Companies subindustry, Corner Growth Acquisition 2's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corner Growth Acquisition 2's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Corner Growth Acquisition 2's Market Cap distribution charts can be found below:

* The bar in red indicates where Corner Growth Acquisition 2's Market Cap falls into.



Corner Growth Acquisition 2 Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Corner Growth Acquisition 2's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$11.62*6.48521
=$75.36

Corner Growth Acquisition 2's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$11.49*5.07756
=$58.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corner Growth Acquisition 2  (NAS:TRON) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Corner Growth Acquisition 2 Market Cap Related Terms

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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Business Description

Traded in Other Exchanges
N/A
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Website
Corner Growth Acquisition Corp 2 is a blank check company.
Executives
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Taconic Capital Advisors (hong Kong) Ltd 10 percent owner UNIT 1601, 16TH FLOOR, RUTTENJEE HOUSE, RUTTENJEE CTR, 11 DUDDELL STREET, HONG KONG K3 00000
John J. Cadeddu director, 10 percent owner, officer: Co-Chairman 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien director, 10 percent owner, officer: CEO and Chairman C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin officer: President C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher officer: Chief Investment Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey director C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka officer: DCD C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor 2, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301

Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Headlines