Altimar Acquisition II filed with the SEC to offer 30 million units at $10 each to raise $300 million in an IPO.
The new SPAC has not identified a target sector, but in the filing said, “we intend to focus on two characteristics as a common theme: a strong organic growth plan coupled with a compelling business model that is materially cash generative at maturity.”
The SPAC’s sponsor is an affiliate of global investment firm HPS. Altimar I is in a pending merger with merger with Owl Rock Capital Partners and Dyal Capital Partners.
Altimar II plans to list on the NYSE under ATMRU. Read more.
