Armada Acquisition Corp. II (NASDAQ:AACIU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AACIU”, Wednesday, May 21, 2025.
The new SPAC aims to combine with a target company in the financial services (“FinTech”), Software-as-a-Service (“SaaS”), or generative artificial intelligence (“AI”) industries which the Company believes offer the most promising potential for acquisitions due to their strong growth and strategic alignment with their business goals.
Armada II’s management team is led by Chief Executive Officer Stephen P. Herbert alongside President, Chief Financial Officer and Secretary Douglas M. Lurio. The Board is to include Mohammad A. Khan, Thomas A. Decker and Celso L. White.
Total SPAC deal count for 2025 year-to-date is now 45. This offering is expected to close on Thursday, May 22, 2025.
Cohen & Company Capital Markets, a division of J.V.B. Financial Group LLC, is acting as lead book-runner, and Northland Capital Markets is acting as joint book-runner for the offering. DLA Piper LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...
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