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Austerlitz Acquisition II Priced, NYSE: ASZ.U

Blank check company formed by Bill Foley's Trasimene Capital and Cannae Holdings.

Industry: SPAC

Latest Trade: $10.00 +0.01 (+0.1%)

First Day Return: +2.5%

Return from IPO: -0.1%

Industry: SPAC

We are a newly incorporated blank check company. We will seek to capitalize on the tactical, operational and organizational experience of our founder William P. Foley, II. We believe Mr. Foley’s distinguished business track record can have a transformative impact on a target business. Although we may pursue targets in any industry, we intend to initially focus our search on identifying a prospective target business in financial technology or information and business services, which acts as an essential utility to industries that are core to the economy. We also intend to focus on prospective target businesses that have unseen potential for revenue growth and/or operating margin expansion with high recurring revenue and cash flow, defensible intellectual property and strong market positions within their industries. We believe that a prospective target business will have the potential to benefit from a recovering economy, presenting an opportunity to invest. Our team will deploy a proactive sourcing strategy and focus our efforts on companies where we believe the combination of Mr. Foley’s operating experience, deal making and capital allocation prowess, professional relationships and tactical expertise can be catalysts to enhance the growth potential and value of a target business and provide opportunities for attractive returns to our shareholders.
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IPO News for Austerlitz Acquisition II
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IPO Data
IPO File Date 02/10/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 120.0
Deal Size ($mm) $1,200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 120.0
Deal Size ($mm) $1,200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Las Vegas, NV
Founded 2021
Employees 5