VAQC News

Vector Acquisition II, the second blank check company formed by Vector Capital targeting the tech industry, raised $450 million by offering 45 million shares at $10. The company offered 5 million more shares than anticipated. Vector Acquisition II removed warrants from its offering earlier this month and will now be offering common shares only. The company is led by...read more

This week, four blank check companies filed amendments with the SEC to remove warrants ahead of their prospective IPOs. Lerer Hippeau Acquisition (LHAA), Vector Acquisition II (VAQC), SVF Investment 2 (SVFB), and SVF Investment 3 (SVFC) will now offer common shares only, rather than the units they originally...read more

Vector Acquisition II, the second blank check company formed by Vector Capital targeting the tech industry, filed on Tuesday with the SEC to raise up to $400 million in an initial public offering. The San Francisco, CA-based company plans to raise $400 million by offering 40 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant,...read more