other material
confidence high
sentiment neutral
materiality 0.55
Collective Acquisition Corp. II completes full over-allotment, raises additional $33M; trust now $254M
Collective Acquisition Corp. II
- Underwriters exercised 3,300,000 over-allotment units at $10/unit, gross proceeds $33M.
- Sponsor purchased 412,500 additional private placement warrants at $0.80 each, gross proceeds $330K.
- Total IPO units now 25,300,000; total gross proceeds $253M; trust account holds $254.3M.
- Additional 24,750 representative shares issued to underwriters on same terms as IPO.
- Holders may separately trade Class A shares (CAII) and warrants (CAIIW) starting June 22, 2026.