Seaport Global Acquisition II registered to offer 12.5 million units at $10 each. A unit consists of one share and one-half of a warrant.
Seaport Global II plans to focus on companies undergoing transformational, transitional, or reorganizational (“TTR”) business strategies.
Chairman and CEO Stephen Smith founded Seaport Global Asset Management, an SEC-registered investment advisor and a wholly-owned subsidiary of Seaport Global Holdings, in 2017. He is also chairman of Seaport Global Acquisition and Seaport Calibre Acquisition.
B. Riley is sole book-running manager.
The SPAC has applied to list on the Nasdaq under SGIIU. Read more.