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A SPAC II Acquisition Corp. (NASDAQ: ASCBU) has priced its initial public offering (IPO) at $10.00 per unit, raising $185 million by offering 18,500,000 units. Trading is set to begin on May 3, 2022. Each unit comprises one Class A ordinary share, half a redeemable warrant, and a right to receive a fractional share upon the business combination's completion. The underwriters have a 45-day option for an additional 2,775,000 units. The closing is expected by May 5, 2022, and the company will target high-growth sectors, emphasizing ESG principles.
