Aries II Acquisition Withdraws $130M IPO

Aries II Acquisition in a ltter to the SEC said it is withdrawing an offering of 13 million units originally registered in December 2021. The SPAC was set to focus on specialized tech companies.

Aries II had planned to apply for a Nasdaq listing with Oppenheimer & Co. serving as sole bookrunner.

Chairman and CEO Thane Ritchie has participated in early stage/venture funding and investing in the pre-IPO stages of companies such as Facebook, Cambridge Quantum Computing, Twitter, eHarmony, Spotify, Pinterest, and StubHub. His Aries I SPAC has a merger agreement with Infinite Assets, a Web3 and Metaverse infrastructure company. Read more.

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