Inflection Point Acquisition Corp II priced its upsized $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPXXU” Thursday, May 25, 2023.
The Company intends to pursue a business combination with a North American or European business in disruptive growth sectors, which complements the expertise of its management team. Inflection Point II is led by Executive Chairman and Chief Executive Officer Michael Blitzer, Chief Financial Officer Peter Ondishin and Directors Nicholas Shekerdemian, Elliot Richmond, Paula Sutter, Erica Dorfman, and Samuel Sayegh.
Total SPAC deal count for 2023 year-to-date is now 15. This offering is expected to close on Tuesday, May 30, 2023.
Cantor Fitzgerald & Co. is serving as the representative of the underwriters for the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....
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