Seven Oaks Acquisition II registered to offer 25 million units, each priced aty $10 and consisting of one share of Class A common stock and one-half of a warrant.
The SPAC in the filing said it will target businesses aiming to make a positive social impact with a specific emphasis on good ESG (Environmental, Social and Governance) practices.
CEO, Chairman and Director Gary Matthews since December 2020 has served as a managing partner of Tamarix Equity Partners, a private equity fund, and Tamarix Capital Management.
Matthews’ first Seven Oaks SPAC closed a merger with e-commerce bulk shopping platform Boxed in December.
Jones Trading is sole book-running manager of this offering.
The SPAC intends to apply for a Nasdaq lsiting under the symbol SVOBU. Read more.