Ross Acquisition II Files for $300M IPO

Ross Acquisition II registered with the SEC to offer 30 million units priced at $10 each.

Ross II plans to target these sectors: electric vehicles and autonomous vehicles; energy storage, renewables and energy efficiency; manufacturing: automation/robotics, artificial intelligence, big data analytics, 3D printing and smart factory; materials: chemicals, advanced materials and sustainable materials; semiconductor; space: Remote sensing and space traffic management; transportation: data analytics, digital trade and alternative fuels.

The new SPAC is led by President, CEO and Chairman Wilbur Ross Jr. Ross was the founder, chairman and chief strategy officer of global distressed private equity firm WL Ross from April 2000 to February 2017.  

The SPAC intends to list on the NYSE under ROSS.U. Read more.

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