AMCI Acquisition II Trims Deal Size 14% Ahead of $150M IPO

IPO

AMCI Acquisition II in an amended S-1 filing said it will offer 15 million units rpiced at $10 each, down from the 17.5 million units initially registered with the SEC in February.

Evercore is the sole book-running manager for the offering. The underwriters have a 45-day option to purchase up to 2.25 million additional units to cover any over-allotments.

AMCI plans to target a business that provides decarbonization and/or sustainability solutions to the global industrial complex.

The SPAC is led by CEO and director Nimesh Patel, who is a managing director, co-head of investments and a member of the investment committee for AMCI Group. His previous SPAC closed a merger in February with fuel cell and hydrogen technology company Advent.

The SPAC has applied for a Nasdaq listing under AMCIU. Read more.

 

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