
SPAC Collective Acquisition II files for a $220 million IPO, targeting finance, defense technology, and AI

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Collective Acquisition II, a SPAC, has filed with the SEC for a $220 million IPO, aiming to target finance, defense technology, and AI sectors. The offering includes 22 million units at $10 each, with each unit comprising one share and a half warrant. Led by CEO Daniel Hoffman and Chairman Samuel Sayegh, the company focuses on businesses that enhance U.S. national interests. Previously, it managed SPACs like Inflection Point Acquisition II and III. The company plans to list on Nasdaq as CAIIU, with Clear Street as the bookrunner.
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