A SPAC II in a regulatory filing said it consummated its IPO with the underwriters partially execising their overallotment option, as well as the sponsor snapping up about $8.97 million in warrants. Total proceeds came to $203.5 million.
The Singapore-based SPAC will target Proptech and Fintech operations with a preference for companies that promote environmental, social and governance (“ESG”) principles.
Shares trade on the Nasdaq under the ticker symbol ASCBU. Read more.
