Metals Acquisition Corp. II (MTALU) Prices $200M IPO
Metals Acquisition Corp. II (NYSE:MTAL.U) announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “MTAL.U” on Thursday, March 12, 2026.
The new SPAC intends to target its search across the natural resources value chain, with a particular focus on metals and mining businesses in high quality, stable jurisdictions.
Metals Acquisition Corp. II’s sponsor team is led by Executive Chair Michael James McMullen, Chief Financial Officer Morne Englebrecht and Senior Vice President & General Counsel Christopher Rosario. Patrice Ellen Merrin, Anne Templeman-Jones and Jay Charles Kellerman will serve on its Board of Directors.
Total SPAC deal count for 2026 year-to-date is now 55. This offering is expected to close on Friday, March 13, 2026.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC is acting as the Lead Book-Running Manager for the offering, with Jett Capital Advisors, LLC acting as a Co-Manager. Perkins Coie LLP is serving as Issuer’s Counsel with Reed Smith LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
