Juniper II filed with the SEC to offer 40 million units at $10 each. A unit consists of one share of Class A common stock and one-fourth of one warrant; whole warrants exercisable at $11.50.
The SPAC plans to pursue North American-based targets in the industrial sector with an aggregate enterprise value of $1 billion to $2 billion.
Juniper II is led by CEO and Director Murray Grainger, whose 25 years of global industrial experience includes executive positions at ITT and Honeywell.
The SPAC intends to apply for a listing on the NYSE under JUN.U. Read more.
