DA Davidson initiated coverage of PropTech Investment Corporation II with a rating of Buy and set a new price target of $12.00

NEW YORK and MINNETONKA, Minn., Nov. 29, 2022 (GLOBE NEWSWIRE) -- PropTech Investment Corporation II (NASDAQ:PTIC) ("PropTech II" or "PTIC") and RW National Holdings, LLC (d/b/a Appreciate) ("Appreciate" or "the company"), the parent holding company of Renters Warehouse, jointly announced today that they have closed their previously announced business combination (the "Business Combination"). With the closing, the combined company has been renamed "Appreciate Holdings, Inc." and its common stock and warrants will begin trading on The Nasdaq Stock Market ("Nasdaq") under the ticker symbols "SFR" and "SFRWW". Trading of Appreciate securities is anticipated to commence on Wednesday, November

NEW YORK and MINNETONKA, Minn., Nov. 18, 2022 (GLOBE NEWSWIRE) -- PropTech Investment Corporation II (NASDAQ:PTIC) ("PropTech II" or "PTIC") today announced that its stockholders voted to approve the proposed business combination (the "Business Combination") with RW National Holdings, LLC (d/b/a Appreciate) ("Appreciate" or "the company"), the parent holding company of Renters Warehouse ("Renters Warehouse"), and the related proposals at a Special Meeting held for this purpose on November 18, 2022. The parties expect the closing of the transaction to occur on November 22, 2022. Upon closing, the combined company will be renamed "Appreciate Holdings, Inc." and its common stock and warrants

NEW YORK and MINNETONKA, Minn., Oct. 31, 2022 (GLOBE NEWSWIRE) -- PropTech Investment Corporation II (NASDAQ:PTIC) ("PTIC"), a special purpose acquisition company targeting businesses in the real estate technology industry, today announced that on October 28, 2022, it filed a definitive proxy statement (the "Proxy Statement") with the U.S. Securities and Exchange Commission ("SEC") in connection with PTIC's Special Meeting of Stockholders (the "Special Meeting") to, among other things, approve the previously announced proposed business combination (the "Business Combination") with RW National Holdings, LLC (d/b/a Appreciate) ("Appreciate" or "the company"), the parent holding company of Re

Laurie A. Hawkes, industry veteran and Chairman of the Board of Broadstone Net Lease, Inc., expected to serve as Chairman of the Board of Directors of Appreciate MINNETONKA, Minn., Oct. 20, 2022 (GLOBE NEWSWIRE) -- RW National Holdings, LLC (d/b/a Appreciate) ("Appreciate" or "the company"), the parent holding company of Renters Warehouse ("Renters Warehouse"), a leading end-to-end Single Family Rental ("SFR") marketplace and management platform, today announced that its board of directors following the close of the proposed business combination with PropTech Investment Corporation II (NASDAQ:PTIC) ("PropTech II" or "PTIC"), a special purpose acquisition company targeting businesses in

NEW YORK and MINNETONKA, Minn., Sept. 15, 2022 (GLOBE NEWSWIRE) -- The leadership teams from PropTech Investment Corporation II (NASDAQ:PTIC) ("PropTech II" or "PTIC"), a special purpose acquisition company targeting category winning businesses in the real estate technology industry, and RW National Holdings, LLC (d/b/a Appreciate) ("Appreciate" or "the company"), the parent holding company of Renters Warehouse, a leading end-to-end Single Family Rental ("SFR") marketplace and management platform, will host a virtual investor day on Thursday, September 29, 2022, at 2:00 p.m. Eastern time. Attendees will have the opportunity to hear from Appreciate's leadership team as well as participate

Appreciate Facilitates Investment in the Massive and Highly Fragmented Single Family Rental MarketEstimated Post-Transaction Enterprise Value of $416 Million with up to an Additional $159 Million in Net Cash1 to Fund GrowthNo Minimum Cash Condition and a Committed Equity Facility of $100 Million from CF Principal Investments LLC, an affiliate of Cantor FitzgeraldAppreciate Management and Existing Equity Holders Will Roll 96% to 100% of Their Existing Equity into Equity of the Combined Company, Subject to PTIC Trust Redemptions2 NEW YORK and MINNETONKA, Minn., May 17, 2022 (GLOBE NEWSWIRE) --  PropTech Investment Corporation II (NASDAQ:PTIC) ("PropTech II" or "PTIC"), a special purpose acq