Thayer Ventures Acquisition Corporation II (NASDAQ:TVAIU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “TVAIU”, Thursday, May 15, 2025.
The new SPAC aims to combine with a target company in the travel and hospitality industries, where it believes the expertise of its management team will provide it with a competitive advantage in completing a successful initial business combination.
Thayer Ventures II Acquisition Corp. is led by Co-Chief Executive Officer, Co-President and Secretary Christopher Hemmeter, Co-Chief Executive Officer, C0-President and Chief Financial Officer Mark E. Farrell. H. Charles Floyd, Ren Riley, Caroline Shin, R. David Edelman, and Robert Ghoorah are to serve as independent directors.
Total SPAC deal count for 2025 year-to-date is now 41. This offering is expected to close on Friday, May 16, 2025.
Stifel, Nicolaus & Company, Incorporated is acting as sole book-running manager for the offering. Cooley LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Columbus Circle Capital Corp I (NASDAQ:CCCMU) announced the pricing of its upsized $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCMU”, Friday, May 16, 2025. The new SPAC aims to conduct a broad search for a target with a team that has expertise in telecoms, media,...
Wen Acquisition Corp (NASDAQ:WENNU) announced the pricing of its $261 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WENNU”, Friday, May 16, 2025. The new SPAC aims to combine with a fintech target focused on enabling digital assets through the integration of blockchain networks into traditional financial...
Blue (NYSE:BACCU) has filed for a $150 million SPAC that will take a generalist search process, but it hopes to come down with an industrial target. The new SPAC is the 11th in a row to file without an offer to overfund its trust. It offers investors one right to a 1/10 share in each...
Axiom Intelligence Acquisition Corp. 1 (NYSE:AXINU) has filed for a $150 million SPAC that will look for opportunities among infrastructure targets in both the physical and digital spheres. The new SPAC is not overfunded and has one right to a 1/10 share in each unit with 24 months to initially complete a business combination. The...
At the SPAC of Dawn After several days of rallying, US futures are red in anticipation of Core PPI readings this morning followed by a raft of industrial and home-building indicators. In the meantime, several de-SPACs have continued to report notable results in their latest earnings. Automotive parts firm Carbon Revolution (NASDAQ:CREV) achieved record revenue...