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大西洋海岸收购公司II完成3亿美元IPO

2022-01-20 05:20

04:19 PM EST, 01/19/2022 (MT Newswires) -- Atlantic Coastal Acquisition Corp. II said Wednesday it closed its initial public offering of 30 million units at $10 per unit for gross proceeds of $300 million.

The blank check company said the 30 million units included 3.9 million units sold after the underwriters exercised their over-allotment option. The units are listed on Nasdaq under the symbol "ACABU".

Each unit comprises one share and one-half of one warrant. Each whole warrant entitles the holder to buy one share at $11.50 per share.

The shares and warrants are expected to be listed on the Nasdaq under the symbols "ACAB" and "ACABW," the company said.

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