Collective Acquisition II, a blank check company targeting finance, defense technology, and AI, filed on Friday with the SEC to raise up to $220 million in an initial public offering.
The company plans to raise $220 million by offering 22 million units at $10. Each unit contains one share of common stock and one-half of one warrant exercisable at $11.50.
Collective Acquisition II is led by CEO and Director Daniel Hoffman, a former Managing Director at Cerberus Capital Management and the Royal Bank of Canada. He is joined by Chairman and CFO Samuel Sayegh, who is a co-founder of UNCAP Investment Management and a partner at Collective Capital Management. The SPAC intends to target businesses that provide products or services impacting the sovereignty, security, self-sufficiency, or other national interests of the United States and/or its allies, including in the financial, strategic resources, defense technology, or artificial intelligence sectors.
Management's previous SPACs include Inflection Point Acquisition II, which went public in 2023 and completed its combination with rare earth miner USA Rare Earth (USAR; +54%) in 2024, and Inflection Point Acquisition III (IPCX; +2%), which went public in 2025 and is currently pending a combination with atmospheric water generation machine developer Air Water Ventures.
The Miami, FL-based company was founded in 2026. It plans to list on the Nasdaq under the symbol CAIIU. Clear Street is the sole bookrunner on the deal.
