GX Acquisition II closed its IPO of 30 million units at $10 per unit.
Units trade on the Nasdaq under GXIIU. Each consists of one share of Class A common stock and one-third of one redeemable warrant; each whole warrant exercisable at $11.50 per share. Once the securities comprising the units begin separate trading, shares and warrants are expected to list under GXII and GXIIW, respectively.
GX II intends to target companies with an enterprise value in excess of $1 billion in any sector. Read more.