Property Solutions Acquisition Corp. II registered with the SEC to offer 25 million units at $10 each.
The proptech-focused SPAC will target technology companies that service the real estate industry.
Chairman and co-CEO Jordan Vogel has been actively investing in and managing residential real estate in New York City since 2001. Vogel has served as chairman of the board of directors, co-CEO and secretary of Property Solutions I since February 2020. His first SPAC last month announced a definitive agreement for a business combination with EV startup Faraday Future valued at $1 billion.
The new SPAC plans to list on the Nasdaq under PSAGU. Read more.