Motive Capital Corp. II announced the pricing of its upsized $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “MTVC.U” Tuesday, December 7.
The new SPAC intends to combine with a fintech business that specializes in banking & payments, capital markets, data & analytics, insurance, and investment management. Motive Capital II is led by Executive Chairman and CEO Rob Heyvaert, President Blythe Masters, and CFO Kristy Trieste.
Total SPAC deal count for 2021 year-to-date is now 573. This offering is expected to close on Thursday, December 9.
UBS Investment Bank and J.P. Morgan are acting as joint book-running managers for the offering. Gibson, Dunn & Crutcher LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
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At the SPAC of Dawn One of the biggest sources of uncertainty in the SPAC market in recent years has been regulatory changes, but new shifts could be in its favor. SEC Chairman Paul Atkins told CNBC yesterday that the commission would review the rules for SPACs after “rather controversial” changes to the rules passed...
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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....