H.I.G. Acquisition II registered with the SEC to offer 30 million units at $10 each. A unit consists of one Class A ordinary share and one-quarter of one redeemable warrant; whole warrants exercisable for a share at $11.50.
H.I.G. II is targeting the technology, media, telecommunications (“TMT”) or healthcare sectors.
H.I.G. Capital was founded in 1993 by Co-CEOs Sami Mnaymneh and Tony Tamer.
The SPAC plans to apply for a listing on the Nasdaq under HIGBU. Read more.