Oyster Enterprises II Acquisition Corp. (OYSEU) Prices Upsized $220M IPO
Oyster Enterprises II Acquisition Corp. (NASDAQ:OYSEU) announced the pricing of its upsized $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “OYSEU”, Thursday, May 22, 2025.
The new SPAC aims to combine with a target company in a sector that aligns with the management’s expertise like technology, media, entertainment, sports, consumer products, financial services, real estate and hospitality. The Company will also focus on AI companies positioned to complement or disrupt those industries, as well as companies within the digital assets and blockchain ecosystem.
The Company’s management team is led by Mario Zarazua, its Chief Executive Officer and Vice Chairman, and Heath Freeman, its Chairman. In addition, the Board includes Divya Narendra, Lief Haniford and Jordan Fliegel. Randall D. Smith is an Advisor to the Company, and Mike Rollins is the Chief Financial Officer.
Total SPAC deal count for 2025 year-to-date is now 47. This offering is expected to close on Friday, May 23, 2025.
BTIG, LLC is acting as sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.