other material
confidence high
sentiment neutral
materiality 0.60
BOA Acquisition Corp. II completes $143.75M IPO, 14.375M units at $10.00
BOA Acquisition Corp. II
- IPO of 14,375,000 units at $10.00/unit raised $143,750,000 gross proceeds on Aug 5, 2026.
- Private placement of 221,500 units to Sponsor and institutional investors raised $2,215,000.
- $143,750,000 of net proceeds placed in trust with Odyssey Transfer and Trust Company.
- Auditor flags substantial doubt on going concern; company has 12 months from IPO to complete a business combination.
- Targets real estate/infrastructure assets in energy, telecom, and transportation sectors.