Virgin Group Acquisition II registered with the SEC to offer 33 million units at $10 each.
Richard Branson’s latest SPAC will target businesses operating within Virgin’s core sectors, including travel & leisure, financial services, health & wellness, technology & internet-enabled, music & entertainment, media & mobile, space, and renewable energy.
His last SPAC, Virgin Group I, signed a $3.5 billion deal with consumer genetics and research company 23andMe earlier this month.
The new SPAC plans to list on the NYSE but has not yet selected a ticker symbol. Read more.