GX Acquisition Corp. II (GXIIU) Prices $300M IPO


GX Acquisition Corp. II (GXIIU) Prices $300M IPO

GX Acquisition Corp. II announced the pricing of its $300 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GXIIU,” Thursday, March 18.

The new company aims to combine with a target in a sector experiencing secularly improving trends and potential for growth through M&A. GX II is led by Co-Chairmen and Co-CEOs Jay R. Bloom and Dean C. Kehler, President Michael G. Maselli, CFO Andrea J. Kellett, and VPs Arthur D. Baer, Jordan S. Bloom.

Total SPAC deal count for 2021 year-to-date is now 266. This offering is expected to close on Monday, March 22.

Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.