Artius II Acquisition Inc. (NASDAQ:AACBU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AACBU”, Thursday, February 13, 2025.
Artius II intends to search for a target company with a technology-enabled business with opportunities that have multiple vectors to create value post-combination.
The SPAC is led by CEO, CFO and Chairman Boon Sim. John Stein, Karen Richardson and Kevin Costello will serve as Directors.
Total SPAC deal count for 2025 year-to-date is now 11. This offering is expected to close on Friday, February 14, 2025.
Santander is acting as sole book-running manager. Cleary Gottlieb Steen & Hamilton LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Siddhi Acquisition Corp. (NASDAQ:SDHIU) announced the pricing of its upsized $240 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SDHIU”, Tuesday, April 1, 2025. The new SPAC plans to mount a broad search for a target company leveraging its internal network of relationships. Siddhi is to be...
UY Scuti Acquisition Corp. (NASDAQ:UYSCU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “UYSCU”, Tuesday, April 1, 2025. The new SPAC aims to combine with a target company in Asia, but it does not have a specific preference on industry or...
April is set to be a less-eventful month for SPAC dealmakers seeing their shares unlocked, but the activity does start already tomorrow. The sponsor of Excelfin is set to see its promote shares in Baird Medical (NASDAQ:BDMD) come available to trade on April 1. It is one of just two sponsors being released this month...
At the SPAC of Dawn Two SPACs have scheduled shareholder votes for this week including Bukit Jalil 1‘s (NASDAQ:BUJA) special meeting to approve its combination with Global IBO Group later today. The SPAC still has about half of its $50 million trust in tact going into the vote and Global IBO’s core business of providing...
Terms Tracker for the Week Ending March 28, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. No SPAC IPOs priced this week, which means March closes out with just two IPOs total, both of which priced last week. By comparison, January...