Renaissance Capital logo

Atlantic Coastal Acquisition II Priced, Nasdaq: ACAB

Blank check company targeting the next-generation mobility sector (pending: Abpro).

Industry: SPAC

Latest Trade: $10.77 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: +7.7%

Industry: SPAC

We are a newly organized blank check company incorporated in May 2021 as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential initial business combination target. We intend to focus our search for a suitable initial business combination target in the next-generation mobility sector, but we may pursue an initial business combination target in any stage of its corporate evolution or in any industry, sector or geographic location. We plan to capitalize on our team’s significant experience in our target sector, as well as our team and our strategic partners’ significant global network of business owners, public and private company executives and board members, investment bankers, private equity investors, attorneys, management consultants and accountants to complete our initial business combination.
more less
IPO Data
IPO File Date 12/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/13/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Academy Securities
more
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees 4
Website www.atlanticcoastalacquisition.com

Atlantic Coastal Acquisition II (ACAB) Performance