Spartacus Acquisition Corp. II Announces Pricing of $200,000,000 Initial Public Offering

Rhea-AI Summary

Spartacus Acquisition Corp. II (NASDAQ: TMTSU) priced a $200,000,000 initial public offering of 20,000,000 units at $10.00 per unit, with trading expected to begin on February 11, 2026 and closing on February 12, 2026 subject to customary conditions.

Each unit includes one Class A share and one-third of a redeemable warrant (full warrant exercise price $11.50); a 45-day over-allotment option covers up to 3,000,000 additional units. The company is a blank check sponsor focused on technology, media and telecommunications and named its management team and advisors for the SPAC process.

Positive

• Raised $200,000,000 through sale of 20,000,000 units
• Included a 45-day over-allotment option for 3,000,000 units
• Clear sector focus on technology, media & telecommunications (TMT)
• Named experienced deal team and capital markets advisors for M&A execution

Negative

• Blank check structure: no identified business combination target at IPO
• Redeemable warrants exercisable at $11.50 could dilute equity if exercised

News Market Reaction – TMTSU

-12.14%

1 alert

-12.14% News Effect

On the day this news was published, TMTSU declined 12.14%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

IPO size: $200,000,000 Units offered: 20,000,000 units Unit price: $10.00 per unit +5 more

8 metrics

IPO size $200,000,000 Initial public offering of Spartacus Acquisition Corp. II

Units offered 20,000,000 units IPO units priced in the offering

Unit price $10.00 per unit IPO pricing for each unit

Warrant exercise price $11.50 per share Exercise price for each whole redeemable warrant

Over-allotment units 3,000,000 units 45-day option granted to BTIG to cover over-allotments

Over-allotment period 45 days Option period for additional units to cover over-allotments

Effective date January 30, 2026 Registration statement became effective with the SEC

Expected closing date February 12, 2026 Expected closing of the IPO, subject to conditions

Market Reality Check

Price: $10.03 Vol: Reported volume is 0 vs 2...

normal vol

$10.03 Last Close

Volume Reported volume is 0 vs 20-day average volume of 8445 shares before the IPO. normal

Technical Pre-IPO trading data show the price positioned above the 200-day MA at 10.48.

Market Pulse Summary

The stock dropped -12.1% in the session following this news. A negative reaction despite the SPAC’s ...

Analysis

The stock dropped -12.1% in the session following this news. A negative reaction despite the SPAC’s $200,000,000 IPO pricing could have reflected skepticism about future deal execution or SPAC structures generally, rather than this specific filing. Before the news, the price sat above the 200-day MA of 10.48, so weakness after pricing would have contrasted with that backdrop. Outcomes often depended on market appetite for TMT-focused combinations and how units, common stock, and warrants traded once separated.

Key Terms

initial public offering, redeemable warrant, over-allotments, registration statement, +1 more

5 terms

initial public offering financial

"announced today that it priced its initial public offering of 20,000,000 units"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

redeemable warrant financial

"one-third of one redeemable warrant, each whole warrant entitling the holder"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

over-allotments financial

"option to purchase up to an additional 3,000,000 units ... to cover over-allotments"

An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.

registration statement regulatory

"A registration statement relating to the securities has been filed"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

prospectus regulatory

"The offering is being made only by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

AI-generated analysis. Not financial advice.

New York, NY, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Spartacus Acquisition Corp. II (the “Company”) announced today that it priced its initial public offering of 20,000,000 units, at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading, Wednesday, February 11, 2026 under the ticker symbol “TMTSU.” Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “TMTS” and “TMTSW,” respectively.

The offering is expected to close on February 12, 2026, subject to customary closing conditions.

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any business industry or sector, it intends to focus its search on technology, media and telecommunications (“TMT”) companies. The Company is led by Chairman, Peter D. Aquino, Chief Executive Officer, Igor Volshteyn and Chief Financial Officer, Mark Szynkowski.  In addition to Messrs. Aquino, Volshteyn and Szynkowski, the Board of Directors includes Christopher Downie, David Marshack and Eric Edidin.

BTIG, LLC is acting as sole book-running manager of the offering. Odeon Capital Group, LLC is acting as co-manager of the offering. The Klein Group, LLC (“The Klein Group”), an affiliate of M. Klein and Company, a global strategic advisory firm, is acting as our capital markets advisor in connection with this offering. We have also engaged The Klein Group to serve as our lead financial and M&A advisor and BTIG, LLC to serve as our co-financial and M&A advisor in connection with our initial business combination. The Company has granted BTIG, LLC a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any.

A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and became effective on January 30, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from BTIG, LLC, 65 East 55th Street, New York, New York 10022, or by email at ProspectusDelivery@btig.com or by accessing the SEC’s website, www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds will be used as indicated.

Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the “Risk Factors” section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. 

Contact

Igor Volshteyn
Chief Executive Officer
Spartacus Acquisition Corp. II        
info@spartacus-ac.com

FAQ

What did Spartacus Acquisition Corp. II (TMTSU) price its IPO at and when will it list?

According to the company, Spartacus Acquisition Corp. II priced its IPO at $10.00 per unit for 20,000,000 units. Trading is expected to begin on February 11, 2026 on Nasdaq under the symbol TMTSU.

What securities are included in each TMTSU unit and what is the warrant exercise price?

According to the company, each unit contains one Class A share and one-third of a redeemable warrant. Full warrants can be exercised to buy a share at $11.50 per share when separated.

How large is the over-allotment option in the TMTSU offering and how long is it exercisable?

According to the company, the underwriter received a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments. This option may increase the offering size if exercised.

What is Spartacus Acquisition Corp. II’s stated acquisition focus after the TMTSU IPO?

According to the company, it is a blank check company that intends to focus its search on technology, media and telecommunications (TMT) companies for a potential business combination.

Who are the advisors and managers named for the TMTSU offering and M&A work?

According to the company, BTIG served as sole book-running manager and co-financial and M&A advisor, Odeon Capital co-managed the offering, and The Klein Group serves as capital markets and lead M&A advisor.