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SG

NASDAQ · SGIIU

Seaport Global Acquisition II Corp.

Financial Services · Shell Companies

$10.85

Up+$0.05 (+0.46%)

Updated Oct 14, 2026, 1:16 AM

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Market cap
68.34M
P/E ratio
28.73
Dividend yield
0.00%
52-week range
— – —
Volume
50
Avg. volume
56

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Overview

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Company profile

Seaport Global Acquisition II Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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GlobeNewswire Inc. · Nov 20, 2023

Seaport Global Acquisition II Corp Announces Termination of Merger Agreement with American Battery Materials, Inc. and Redemption of Public Shares

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced that it has terminated the previously announced agreement and plan of merger (the “merger agreement”) with American Battery Materials, Inc. The Company also announced today that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, as amended (the “Amended Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Amended Charter.

GlobeNewswire Inc. · Jun 2, 2023

Seaport Global Acquisition II Corp. and American Battery Materials Announce Definitive Business Combination Agreement to Create Nasdaq Listed Company

NEW YORK and GREENWICH, Conn., June 02, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (NASDAQ: SGII) (“SGII”), a publicly-listed special purpose acquisition company, and American Battery Materials, Inc. (OTC Pink: BLTH) (“ABM” or the “Company”), a minerals exploration and development company focused on environmentally friendly direct lithium extraction (“DLE”), today announced that they have entered into a definitive merger agreement for a business combination (the “Proposed Business Combination”) that will result in ABM becoming a wholly-owned subsidiary of SGII. The holders of outstanding ABM shares will receive equity in SGII valued at $160 million (subject to adjustments). The Boards of Directors of both ABM and SGII have unanimously approved the Proposed Business Combination, which is subject to customary closing conditions, including receipt of all regulatory approvals, as well as the approval by ABM’s and SGII’s shareholders. The combined company is expected to be renamed “American Battery Materials Holdings”, and its common stock and warrants are expected to be listed on the Nasdaq Global Market (“Nasdaq”).

GlobeNewswire Inc. · Nov 30, 2021

Seaport Global Acquisition II Corp. Announces the Separate Trading of Its Class A Common Stock and Warrants, Commencing on December 1, 2021

NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGIIU) (the “Company”) announced today that, commencing on December 1, 2021, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A common stock (the “Common Stock”) and warrants (the “Warrants”) included in the Units.

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