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TMT-focused SPAC Spartacus Acquisition II files for a $200 million IPO

December 23, 2025

Spartacus Acquisition II, a blank check company targeting the TMT industries, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.

The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of one warrant, exercisable at $11.50.

The company is led by CEO and Chairman Peter Aquino, the founder and Partner of Mercury Access Group, former Chairman of SeaChange International, and former CEO of Internap, and CFO Igor Volshteyn, who serves as CEO of CCUR Holdings, Symbolic Logic, and Tiber Ventures. The SPAC plans on leveraging its management team's experience to target the telecommunications, media, and technology (TMT) industry.

Management's previous, SPAC Spartacus Acquisition, merged with GPS technology provider NextNav (Nasdaq: NN; +72% from $10 offer price) in October 2021.

The Austin, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol TMTSU. BTIG is the sole bookrunner on the deal.