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Oaktree Acquisition II Priced, NYSE: OACB.U

Second blank check company led by the head of Oaktree Capital's Value Equities group.

Industry: SPAC

Latest Trade: $10.25 -0.15 (-1.4%)

First Day Return: +4.0%

Return from IPO: +4.0%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue an acquisition opportunity in any business industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and manage a business in the industrial and consumer sectors that can benefit from our differentiated and proprietary deal flow, leading brand name and global network. Furthermore, we believe that our management team is positioned to drive ongoing value creation post-business combination, as our team has done with investments in the industrial, consumer and other sectors over time. We believe our management team is well suited to identify opportunities that have the potential to generate attractive risk-adjusted returns for our shareholders. Our sponsor is an affiliate of Oaktree, a registered investment adviser with global investment experience. Through our affiliation with Oaktree, we intend to capitalize on the ability of the Oaktree platform in the industrial and consumer sectors. Given Oaktree's global reach and experience, we believe our team has the required investment, operational, diligence and capital raising expertise to effect a business combination with an attractive target and to position it for long-term success in the public markets.
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IPO News for Oaktree Acquisition II
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IPO Data
IPO File Date 08/31/2020
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 09/16/2020
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
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Company Data
Headquarters Los Angeles, CA
Founded 2020
Employees 4
Website www.oaktreecapital.com