other material
confidence high
sentiment neutral
materiality 0.50
Jackson Acquisition Company II closes IPO and private placement; $232.3M placed in trust
Jackson Acquisition Co II
- Closed IPO of 23,000,000 units at $10.00/unit, including full over-allotment, raising $230.0M gross.
- Simultaneous private placement of 840,000 units to Sponsor and Roth Capital at $10.00/unit for $8.4M.
- Total proceeds of $232.3M deposited into trust account, representing $10.10 per public share.
- Company intends to focus on healthcare services and healthcare technology for initial business combination.
- Must complete business combination within 24 months from December 11, 2024 or liquidate.