Graf Acquisition II in a letter to the SEC today said it was withdrawing a planned offering of 22.5 million units. The deal was initially registered with the regulator in February.
The SPAC had planned to target companies in any sector with an emphasis on a business with a leading industry position and competitive advantage.
Graf II is led by CEO James Graf, who also pulled the plug on a $300 million IPO from Graf III earlier this month.
Graf II had intended to list on the NYSE. Oppenheimer & Co. was slated to serve as book-running manager of the offering. Read more.
