A SPAC II Acquisition Corp. priced its $185 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ASCBU” Tuesday, May 3, 2022.
The new SPAC intends to focus on high-growth industries that apply cutting-edge technologies, such as Proptech and Fintech, with a preference for companies that promote environmental, social, and governance principles. A SPAC II is led by Independent Chairman Malcolm F. MacLean IV, and CEO and CFO Claudius Tsang.
Total SPAC deal count for 2022 year-to-date is now 62. This offering is expected to close on Thursday, May 5.
Maxim Group LLC is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with ArentFox Schiff LLP serving as Underwriter’s Counsel. Marcum Bernstein & Pinchuk LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
NMP (NASDAQ:NMPU) has filed for a $100 million SPAC to conduct a broad search for a target, leveraging its team’s past consultancy work. The new SPAC’s units are set to contain one right to a 1/5 share. That is more generous to investors than the unit structure for Maxim Group’s other new SPAC filing this...
At the SPAC of Dawn Futures are green ahead of the Fed Chair Jerome Powell’s highly anticipated press conference at 2:30 pm ET today following two days of Federal Reserve meetings. Several other Fed members are expected to speak on Friday, but any news on rate changes is likely to come out of today’s speech,...
Dune Acquisition Corporation II (NASDAQ:IPODU) announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPODU”, Wednesday, May 7, 2025. The new SPAC aims expects to conduct a broad search for a combination target, but is interested in companies that are in the...
Oyster Enterprises II (NASDAQ:OYSEU) has filed for a $200 million SPAC to pursue a broad investment thesis, but one informed by the way that AI is shaking up industries. The new SPAC has units each containing one right to a 1/10 share and it will have 24 months to initially complete a business combination without...
StoneBridge II (NASDAQ:APACU) has filed for a $50 million SPAC underwritten by Maxim Group to hunt down a non-US target with a particular eye on India. The new SPAC is coming to market with one right to a 1/10 share in each unit and its trust will not be overfunded. Maxim has now underwritten two...