The SPAC priced its IPO of 30 million units at $10 each, offering 5 million more units than it had registered last week, though still down from the initial $350 million registration.
The SPAC has not cited any specific sectors to target, but will concentrate on companies in growing markets, with differentiated products or services and unrecognized value, among other considerations.
RMG Acquisition II plans to list on the Nasdaq under RMGBU. Read more.
