Atlantic Coastal Acquisition Corp. II
General Information | |
Business: | We intend to focus on targets in the next-generation mobility or related technology sectors. We intend to evaluate compelling opportunities related to mobility markets; digital platforms that expand access to mobility; sensor technologies and enabling components; autonomous computing and fleet management systems; next-generation aviation; new powertrain technologies; sustainable infrastructure as they relate to mobility and industrial applications, all of which we believe complement the core competencies of our team and meet our acquisition criteria. Shahraab Ahmad is our chairman and CEO. He also serves as CEO and chairman of Atlantic Coastal Acquisition Corp. I, a related blank-check company. Before this, he was the CIO of Decca Capital Ltd., a fund he founded that invested in the U.S. and Europe from April 2015 and December 2018. His previous experience includes working for J.P. Morganfrom 1999 to 2004, where he last co-headed the High Yield Credit trading group.
(Note: Atlantic Coastal Acquisition Corp. II upsized at pricing on Jan. 13, 2022, to 26.1 million units, up from 25.0 million units initially, at $10 each to raise $261 million.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 6 St Johns Lane, Floor 5 New York, NY 10013 |
Phone Number | (248)-890-7200 |
Web Address | |
View Prospectus: | Atlantic Coastal Acquisition Corp. II |
Financial Information | |
Market Cap | $323.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | ACABU |
Exchange | NASDAQ |
Shares (millions): | 26.1 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $261.0 mil |
Manager / Joint Managers | Cantor Fitzgerald |
CO-Managers | |
Expected To Trade: | 1/14/2022 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |