Welcome to our dedicated page for BLACK SPADE ACQUISITION II CO news (Ticker: BSIIU), a resource for investors and traders seeking the latest updates and insights on BLACK SPADE ACQUISITION II CO stock.
Black Spade Acquisition II Co (BSIIU) is a special purpose acquisition company (SPAC) focused on identifying merger targets to transition private businesses into public entities. This page serves as the definitive source for tracking BSIIU's progress in capital markets, providing investors with essential updates on acquisition strategies and corporate developments.
Access real-time filings, merger announcements, and leadership communications in one centralized location. Our curated collection includes IPO-related disclosures, business combination proposals, and regulatory updates critical for understanding this blank check company's trajectory. All content is vetted for relevance to BSIIU's core mission of creating shareholder value through strategic acquisitions.
Bookmark this resource for streamlined monitoring of BSIIU's search for viable merger candidates, due diligence processes, and investor communications. Return regularly for unfiltered access to primary source documents and analysis-free reporting on this SPAC's market activities.
Black Spade Acquisition II Co announced that starting October 7, 2024, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants. The company's IPO included 15,300,000 units, raising gross proceeds of $153,000,000. Units will continue trading on Nasdaq under "BSIIU", while separated Class A shares and warrants will trade under "BSII" and "BSIIW" respectively. Only whole warrants will trade, and unit holders must contact Continental Stock Transfer & Trust Company to separate units. Clear Street and Cohen & Company Capital Markets acted as joint book-running managers for the offering, which was made through a prospectus.
Black Spade Acquisition II Co (NASDAQ: BSIIU), a special purpose acquisition company (SPAC), announced the partial exercise of the underwriters' over-allotment option in its IPO. The underwriters purchased an additional 300,000 units at $10.00 per unit, generating approximately $3,000,000 in gross proceeds. The total number of units sold in the public offering increased to 15,300,000 units, resulting in total gross proceeds of $153,000,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share. The Class A ordinary shares and warrants will trade under the ticker symbols BSII and BSIIW on Nasdaq once they begin separate trading. Clear Street and Cohen & Company Capital Markets acted as joint book-running managers. Latham & Watkins LLP served as legal counsel to the Company, while Loeb & Loeb LLP served as legal counsel to the underwriters.
Black Spade Acquisition II Co (NASDAQ: BSIIU) has successfully closed its initial public offering of 15,000,000 units at $10.00 per unit, raising $150 million in gross proceeds. The units, trading under 'BSIIU', consist of one Class A ordinary share and one-third of a redeemable warrant. Once separated, shares and warrants will trade as 'BSII' and 'BSIIW' respectively.
The company, a special purpose acquisition company (SPAC), is sponsored by an affiliate of Black Spade Capital , the private investment arm of Lawrence Ho, Chairman & CEO of Melco Resorts & Entertainment. Clear Street and Cohen & Company Capital Markets acted as joint book-running managers. The SPAC aims to pursue merger opportunities in the entertainment, lifestyle, and technology industries, with a focus on AI beneficiaries.
Black Spade Acquisition II Co, a special purpose acquisition company (SPAC) sponsored by Black Spade Capital , has announced the pricing of its initial public offering (IPO). The company is offering 15,000,000 units at $10.00 per unit, expected to be listed on Nasdaq under the symbol "BSIIU" on August 28, 2024. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant.
The company's management team includes Dennis Tam (Executive Chairman & Co-CEO), Kester Ng (Co-CEO & CFO), and Richard Taylor (Co-CEO & COO). They previously served in executive roles at Black Spade Acquisition Co, which completed a $23 billion business combination with VinFast in August 2023. The IPO is expected to close on August 29, 2024, subject to customary conditions.
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