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Leo Holdings Corp. II has successfully closed its initial public offering (IPO) of 37,500,000 units at $10.00 per unit, including an over-allotment of 2,500,000 units. The units are trading on the NYSE under the ticker symbol 'LHC.U'. Each unit consists of one Class A ordinary share and one-fourth of a warrant, with whole warrants enabling the purchase of shares at $11.50 each. Underwriters Deutsche Bank Securities and Credit Suisse have a 45-day option for an additional 5,250,000 units. The registration statement was effective on January 7, 2021.