Good Works II Acquisition Corp. (GWIIU) Prices $200M IPO


Good Works II Acquisition Corp. (GWIIU) Prices $200M IPO

Jul 12, 2021 IPOs by Marlena Haddad

Good Works II Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GWIIU” today, July 12.

The new SPAC aims to combine with a fundamentally sound high-growth target with an enterprise value of at least $1 billion and an experienced management team. Good Works II is led by Chairman Fred Zeidman, CEO Douglas Worth, and President and CFO Cary Grossman.

Total SPAC deal count for 2021 year-to-date is now 367. This offering is expected to close on Wednesday, July 14.

I-Bankers Securities, Inc. is acting as the sole book running manager in the offering. Schiff Hardin LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel.  Ham, Langston & Brezina LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.