Union Acquisition Corp. II Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest, by HADDOCK GERALD W, was filed 01 Oct 2021.
Union Acquisition Corp. II: what insiders have been doing
Only a handful of insider records exist for Union Acquisition Corp. II, the last one from 1 October 2021, too few to describe a trend. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Financial data
as of FY 2020FY ended September 2020 · cache
- 4,000 shares@ US$8.66100.0% of flowOrdinary SharesSEC:0001213900-21-051118:0Canonical exit: 28 Dec 2021 (T+90)
- 500,000 shares@ US$10.18100.0% of flowOrdinary SharesSEC:0001213900-21-049817:0
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About Union Acquisition Corp. II
Union Acquisition Corp. II is a special purpose acquisition company (SPAC), meaning it was created as a listed acquisition vehicle rather than a conventional operating business. The company was formed in the United States and completed its initial public offering on October 22, 2019, raising $200 million of gross proceeds by selling 20 million units at $10.00 each, alongside private placement warrants. Its mailing address in SEC filings is in Miami, Florida, on Brickell Avenue. The company traded on NASDAQ under the ticker LATN, reflecting its status as a US-listed capital-markets vehicle. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1766146/000121390019027160/f10k2019_unionacquisition2.htm))
From an investment perspective, Union Acquisition Corp. II should be analyzed as a transaction platform rather than a product company. Its core business was to identify a private operating company, negotiate and close a business combination, and bring that target to the public market through a merger or similar structure. Before a deal is completed, a SPAC like Union II typically has no meaningful operating revenue; its economics are driven by trust-account capital, sponsor alignment, transaction execution, and the ability to secure shareholder approval. The company’s IPO filing stated that the initial business combination had to be with a target whose fair market value was at least 80% of the trust account balance. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1766146/000121390019027160/f10k2019_unionacquisition2.htm))
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In competitive terms, Union II operated in the crowded US SPAC market, where issuers compete for quality targets, investor credibility, and timing. The key differentiators are usually sponsor reputation, access to deal flow, regulatory execution, and the ability to structure a transaction that survives redemptions. In that respect, Union II was led from Miami by management that emphasized cross-border sourcing, particularly in Latin America. SEC-related materials and transaction press coverage identify Kyle P. Bransfield as CEO around the business-combination process, underscoring the sponsor-led nature of the vehicle. ([nasdaq.com](https://www.nasdaq.com/press-release/union-acquisition-corp.-ii-announces-shareholder-approval-of-business-combination))
A major recent milestone was shareholder approval in September 2021 of the business combination with Procaps Group, a pharmaceutical and healthcare company. That approval was the decisive step in converting the SPAC into a listed operating-company structure tied to the target’s business profile. For investors reviewing SEC Form 4 insider activity, this history matters because the economic profile of the issuer changed materially once the combination process advanced: the name is associated less with standalone operations and more with merger execution, ownership changes, and post-transaction market dynamics. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1766146/000121390021049462/ea147839-8k_unionacq2.htm?utm_source=openai))
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