SPAC Black Spade Acquisition II prices $150 million IPO
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Black Spade Acquisition II, a SPAC focused on entertainment, lifestyle, and tech, has raised $150 million by offering 15 million units at $10 each, with each unit containing one share and one-third of a warrant exercisable at $11.50. The SPAC is led by Dennis Tam, Kester Ng, and Richard Taylor, and plans to list on Nasdaq under the symbol BSIIU. The previous SPAC of the same management, Black Spade Acquisition, completed a merger with VinFast Auto, valued at $23 billion, marking the largest SPAC merger of 2023.
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