Black Spade Acquisition II Co Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing October 7, 2024
07 Outubro 2024 - 10:00AM
Business Wire
Black Spade Acquisition II Co (the “Company”) announced that
commencing October 7, 2024, holders of the units sold in the
Company’s initial public offering of 15,300,000 units (including
300,000 units sold in connection with the partial exercise of the
underwriter’s over-allotment option), with a total gross proceeds
of $153,000,000, may elect to separately trade the Class A ordinary
shares and warrants included in the units. Those units not
separated will continue to trade on the Nasdaq Stock Market LLC
under the symbol “BSIIU,” and the Class A ordinary shares and
warrants that are separated will trade on the Nasdaq Stock Market
LLC under the symbols “BSII” and “BSIIW,” respectively. No
fractional warrants will be issued upon separation of the units and
only whole warrants will trade. Holders of units will need to have
their brokers contact Continental Stock Transfer & Trust
Company, the Company’s transfer agent, in order to separate the
units into Class A ordinary shares and warrants.
Clear Street LLC and Cohen & Company Capital Markets, a
division of J.V.B. Financial Group, LLC, acted as joint
book-running managers. The offering was made only by means of a
prospectus, copies of which may be obtained from Clear Street LLC,
Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New
York, NY 10007, by email at ecm@clearstreet.io, or from the SEC
website at www.sec.gov.
A registration statement relating to the securities was declared
effective by the U.S. Securities and Exchange Commission (the
“SEC”) on August 23, 2024. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy securities,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation, or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Black Spade Acquisition II Co
Black Spade Acquisition II Co is the second SPAC of its founder,
Black Spade Capital and its management team incorporated for the
purpose of effecting a merger, share exchange, asset acquisition,
share purchase, reorganization or similar business combination with
one or more businesses or assets. While the Company may pursue an
acquisition or a business combination with a target in any business
or industry, it believes that the entertainment, lifestyle and
technology industries, particularly those that are major
beneficiaries of artificial intelligence, provide ample business
combination opportunities.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company’s
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Registration Statement and
related prospectus filed in connection with the initial public
offering with the SEC. Copies are available on the SEC’s website,
www.sec.gov. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
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Investor Contact: IR@blackspadeacquisitionii.com
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