Altimar Acquisition Corp. II (ATMRU) Prices $300M IPO


Altimar Acquisition Corp. II (ATMRU) Prices $300M IPO

Altimar Acquisition Corp. II announced the pricing of its $300 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “ATMRU” Friday, February 5.

The new company aims to combine with a high-quality business run by an exceptional management team regardless of sector. Altimar II is led by Chairman and CEO Tom Wasserman alongside CFO Wendy Lai.

Total SPAC deal count for 2021 year-to-date is now 109 with $31.8 billion in gross proceeds raised. This offering is expected to close on Tuesday, February 9.

Goldman Sachs & Co. LLC. and J.P. Morgan Securities LLC are acting as joint book-running managers for the offering. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as Issuer’s Counsel with Skadden, Arps, Slate, Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.