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New Providence Acquisition II Priced, Nasdaq: NPABU

Second blank check company led by former soda executives targeting the consumer sector.

Industry: SPAC

Latest Trade: $11.00 +0.88 (+8.7%)

First Day Return: +1.0%

Return from IPO: +1.2%

Industry: SPAC

We are a newly organized blank check company formed as a Delaware corporation 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. 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 business combination target. However, our management team has been actively in discussions with potential business combination partners in their capacity as officers of NPA I and NPA III, and we may pursue business combination partners that had previously been in discussions with NPA I’s or NPA III’s management teams. We seek to acquire and operate a business in the consumer industry and we believe that our management team is well-suited to identify opportunities which have the potential to generate attractive risk-adjusted returns for our stockholders. However, we are not limited to this industry, and we may pursue a business combination opportunity in any business or industry we choose, including one outside of the United States.
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IPO Data
IPO File Date 02/22/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/04/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.5
Deal Size ($mm) $225
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Deutsche Bank
Company Data
Headquarters Austin, TX, United States
Founded 2020
Employees 3

New Providence Acquisition II (NPABU) Performance