M Evo Global Acquisition II, a blank check company targeting the critical minerals sector in the US, filed on Monday with the SEC to raise up to $225 million in an initial public offering.
The company plans to raise $225 million by offering 22.5 million units at $10.00. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
M Evo Global Acquisition II is led by CEO and Chairman Stephen Silver, the founder and Managing Director of Australia-based Evolution Capital and a director at LTL Capital. He is joined by CFO Arthur Chen, the former CAO of The Metals Company (Nasdaq: TMC). The SPAC plans to target companies that own, operate, or are developing assets in the critical minerals sector that are fundamental to the economic and national security interests of the United States.
Management's previous SPAC Evolution Global Acquisition (EVOXU; +1% from $10 offer price), also targeting critical minerals, raised $210 million this past November.
The Farmers Branch, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol MEVOU. M Evo Global Acquisition II filed confidentially on September 25, 2025. Cohen & Company Securities is the sole bookrunner on the deal.
