other
confidence high
sentiment neutral
materiality 0.50
A SPAC II Acquisition Corp. closes IPO of 20M units at $10.00, raising $200M; trust funded with $203.5M
ASPAC II Acquisition Corp.
- IPO of 20,000,000 units at $10.00 each generated gross proceeds of $200,000,000.
- Private placement of 8,966,000 warrants at $1.00 each generated $8,966,000.
- Net proceeds of $203,500,000 ($10.175 per unit) deposited in trust account.
- Transaction costs totaled $13,150,218 including underwriting, deferred fees, and representative shares.
- Company has 15 months (possible 21-month extension) to complete initial business combination.