other_material
confidence high
sentiment positive
materiality 0.75
Breeze Acquisition Corp. II closes $140M IPO including over-allotment; $140.35M placed in trust
Breeze Acquisition Corp. II
- Initial IPO of 12.5M units at $10/unit raised $125M; partial over-allotment of 1.5M units added $15M.
- Private placement of 470,000 units to sponsor Breeze Sponsor II, LLC raised $4.7M.
- Total net proceeds of $140.35M deposited into trust account with Continental Stock Transfer & Trust.
- New independent directors appointed: Charles M. Balch, Rick Baldwin, Michael J. Pine, Anthony Przybyslawski.
- Units trade on Nasdaq under BREZU; ordinary shares and rights under BREZ and BREZR respectively.
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