CIIG Capital Partners II, Inc. (CIIGU) Prices Upsized $250M IPO


CIIG Capital Partners II, Inc. (CIIGU) Prices Upsized $250M IPO

Sep 14, 2021 IPOs by Marlena Haddad

CIIG Capital Partners II, Inc. announced the pricing of its upsized $250 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CIIGU” Wednesday, September 15.

The Company intends to focus on companies in the technology, media, telecommunications and sustainability (“TMTS”) industries.  CIIG Capital Partners II, Inc. is led by Chairman Peter Cuneo, along with Co-CEOs Gavin M. Cuneo and Michael Minnick.

Total SPAC deal count for 2021 year-to-date is now 431. This offering is expected to close on Friday, September 17.

UBS Investment Bank, Barclays, and LionTree served as the joint book-running managers on the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.