Schultze Special Purpose Acquisition II filed with the SEC to raise $200 million through an offer of 20 million units at $10 each.
The new SPAC in the filing said it intends to target companies that may be experiencing liquidity constraints, are financially stressed or have experienced and emerged from a financial restructuring.
Shultze II is led by Chairman, President and CEO George J. Schultze, J.D., who is also the managing member, chairman of Investment Committee and chairman of Strategy Committee and founder at Schultze Asset Management.
The SPAC has applied for a Nasdaq listing under SAMAU. Read more.
