Northern Star Investment II closed its upsized IPO of 40 million units, including 5 million units subject to the underwriters’ over-allotment option, at $10 each.
The SPAC plans to pursue businesses primarily in the beauty, wellness, self-care, fashion, e-commerce, subscription and digital-media space.
The SPAC is led by CEO Joanna Coles and President and COO Jonathan J. Ledecky. Their previous blank-check company, Northern Star I raised $255 million in a November IPO and in December entered into a definitive agreement for a business combination with Barkbox.
Northern Star II units trade on the NYSE under NSTB.U. Read more.
