other
confidence high
sentiment neutral
materiality 0.50
Oyster Enterprises II Acquisition Corp completes $253M IPO and $7.08M private placement
Oyster Enterprises II Acquisition Corp
- IPO of 25,300,000 units at $10.00 per unit, including full exercise of over-allotment, gross proceeds $253,000,000.
- Private placement of 708,000 units at $10.00 per unit to sponsor and BTIG, gross proceeds $7,080,000.
- Total $253,000,000 placed in trust account with Continental Stock Transfer & Trust Company.
- Company has 24 months from May 23, 2025 to complete an initial business combination.
- Sponsor, officers and directors waived redemption rights on founder shares for business combination and liquidation.
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