Renaissance Capital logo

Schultze Special Purpose Acquisition II Priced, Nasdaq: SAMAU

Second blank check company formed by distressed debt investor George Schultze (liquidated).

Industry: SPAC

Latest Trade: $10.69 +0.78 (+7.9%)

First Day Return: -0.8%

Return from IPO: -0.9%

Industry: SPAC

We are a blank check company formed under the laws of the State of Delaware on December 15, 2020 for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. While our efforts in identifying a prospective target business for our initial business combination will not be limited to a particular industry or geographic region, we intend to initially focus our search on companies that may be experiencing liquidity constraints, are financially stressed or have experienced and emerged from a financial restructuring, as described below. Our sponsor is an affiliate of Schultze Asset Management, LP, an alternative investment management firm founded in 1998 that primarily focuses on distressed, special situation and event-driven securities. Schultze Asset Management’s investment objective is to achieve exceptional risk-adjusted capital appreciation through investments in various securities of companies in financial and/or legal distress or which have recently emerged from financial reorganizations or lawsuits.
more less
IPO Data
IPO File Date 03/09/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/07/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Stifel
Mizuho Securities
Company Data
Headquarters Rye Brook, NY, United States
Founded 2020
Employees 4
Website samco.net

Schultze Special Purpose Acquisition II (SAMAU) Performance