Spartacus Acquisition Corp., a blank check company, reported that it completed its initial public offering of 23,000,000 units at $10.00 per unit, raising gross proceeds of $230,000,000. Each unit includes one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share.
At the same time, the sponsor bought 4,125,000 private placement warrants for $4,125,000, also exercisable at $11.50 per share. In total, $230,000,000, or $10.00 per public share, was placed into a U.S. trust account to fund a future business combination. The audited balance sheet shows total assets of $231,977,563, including $230,000,000 in the trust and $1,962,363 of cash, alongside 23,000,000 Class A shares classified as redeemable and 7,666,667 Class B founder shares outstanding.
Spartacus Acquisition Corp. II completed its initial public offering of 23,000,000 units at $10.00 per unit, including full exercise of the 3,000,000-unit over-allotment, raising gross proceeds of $230,000,000. Each unit includes one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable at $11.50 per share.
The company also sold 4,125,000 private placement warrants to its sponsor at $1.00 per warrant, adding $4,125,000. In total, $230,000,000 of IPO and private placement proceeds, including $2,300,000 of deferred underwriting discount, was deposited into a U.S.-based trust account to fund a future business combination within 24 months. The filing also reports the appointment of three independent directors, committee assignments, and adoption of amended and restated governing documents in connection with the IPO.