other_material
confidence high
sentiment neutral
materiality 0.75
Jena Acquisition Corp II closes $230M SPAC IPO; $230M placed in trust
JENA ACQUISITION Corp II
- IPO of 23M units at $10 each, including full over-allotment; gross proceeds $230M.
- Sponsor purchased 225,000 private placement units at $10 each simultaneously.
- All $230M in proceeds deposited into trust account with Continental Stock Transfer.
- Board appointed: W. Dabbs Cavin, Dexter Fowler, Tim Hsia join audit/compensation committees.
- Amended and restated memorandum and articles of association effective May 28, 2025.
item 1.01item 3.02item 5.02item 5.03item 8.01item 9.01