Welcome to our dedicated page for Seaport Global Acquisition Ii news (Ticker: SGIIU), a resource for investors and traders seeking the latest updates and insights on Seaport Global Acquisition Ii stock.
Seaport Global Acquisition II Corp (SGIIU) is a specialized SPAC targeting opportunities in global shipping and logistics. This news hub provides investors with timely updates on acquisition targets, partnership developments, and strategic moves within maritime commerce and supply chain sectors.
Our curated collection features official SEC filings, merger announcements, and leadership updates directly related to SGIIU's search for high-potential logistics businesses. Users will find comprehensive coverage of operational milestones, capital deployment strategies, and industry-specific developments impacting the SPAC's trajectory.
The resource prioritizes verified corporate communications including proposed business combinations, investor presentations, and regulatory disclosures. Regular updates ensure stakeholders stay informed about SGIIU's progress in identifying acquisition targets that align with its stated focus on maritime infrastructure and transportation technology.
Bookmark this page for streamlined access to essential updates on one of the shipping industry's active SPACs. Check back frequently for new developments as Seaport Global Acquisition II Corp works to finalize its strategic merger target.
Seaport Global Acquisition II Corp. (Nasdaq: SGIIU) announced that from December 1, 2021, holders of Units can separately trade Class A common stock (SGII) and Warrants (SGIIW) from the Units. Units that remain unseparated will continue to trade under the symbol SGIIU. The Company is a blank check entity aimed at mergers and acquisitions, focusing on firms undergoing significant business transformations. B. Riley Securities acted as the sole book-running manager for the initial public offering, which was effective as of November 17, 2021.
Seaport Global Acquisition II Corp. announced its IPO pricing of 12.5 million units at $10 each, set to trade on Nasdaq under the symbol SGIIU starting November 17, 2021. Each unit includes one share of Class A common stock and one-half of a redeemable warrant, allowing shares to be purchased at $11.50 each. The offering closes on November 19, 2021, subject to customary conditions. This Company aims to pursue business combinations in various industries, concentrating on companies undergoing significant transitions. B. Riley Securities acts as the sole book-runner for the offering.
