other material
confidence high
sentiment neutral
materiality 0.65
Avista Public Acquisition Corp. II closes $230M IPO plus $12.35M private placement; trust $235.75M
OmniAb, Inc.
- Sold 23M units at $10 each, including full over-allotment; gross proceeds $230M.
- Sponsor bought 8.233M private warrants at $1.50, raising $12.35M.
- Net of deferred underwriting, $235.75M placed in trust — $10.25 per public share.
- Balance sheet: $1.72M cash outside trust for working capital; equity $5.0M.
- 21.85M Class A shares subject to possible redemption at $224.0M temporary equity.