Black Spade Acquisition II Co Unit

BSIIU

Market cap $147M

HONG KONG--(BUSINESS WIRE)---- $BSIIU--Black Spade Acquisition II Co (the “Company”) (NASDAQ: BSIIU), a special purpose acquisition company (“SPAC”), today announced that the underwriters of its previously announced initial public offering have partially exercised their option to purchase an additional 300,000 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of approximately $3,000,000. The underwriters have a remaining option to purchase up to 1,950,000 additi.

While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs, GigCapital7 and Black Spade Acquisition II, raised $200 million and $150 million, respectively. Three IPOs are currently scheduled to list in the week ahead, all of them holdovers from previous weeks, and all based in the Asia Pacific region.

HONG KONG--(BUSINESS WIRE)--Black Spade Acquisition II Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BSIIU” on August 28, 2024. Each unit consists of one Class A ordinary share and one-third of o.