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Supernova Partners Acquisition Company II announced the pricing of its IPO, raising $300 million by offering 30 million units at $10 each. The company aims to merge with a technology-focused enterprise solutions company. The units will trade on the NYSE under the symbol 'SNII.U' from March 2, 2021. Each unit includes one Class A share and one-quarter of a warrant, with the warrants trading under 'SNII.WS.' J.P. Morgan and Jefferies are the book runners, with a 45-day option for underwriters to purchase an additional 4.5 million units.
