GSR II Meteora Acquisition Raises Deal Size 25% Ahead of $275M IPO

GSR II Meteora Acquisition amended its S-1 filing to reflect a new offering of 27.5 million units, up from the 22 million initially registered in

A unit now consists of one share of Class A common stock, one-sixteenth of one right and a warrant. The initial registration included one-twentieth of a right and half a warrant in each unit. 

The SPAC is focused on businesses in the software, technology-enabled manufacturing and services, mobility and transportation sectors, as well as companies that help to address evolving environmental, social and governance (“ESG”) related issues. 

Co-CEO and director Gus Garcia is also president and director of Graf Acquisition II, Graf Acquisition III and Graf Acquisition IV. He is the former Head of SPAC M&A for Bank of America.

Co-CEO Lewis Silbermanis also co-president and director of Graf Acquisition II, III and IV. Silberman is the former head of SPAC Equity Capital Markets for Oppenheimer & Co.

Oppenheimer is sole underwriter for the offering.

The SPAC expects to apply for a Nasdaq listing under the symbol GSRM.U. Read more.

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