Seaport Global Acquisition II Corp.
General Information | |
Business: | We intend to focus our search on companies undergoing transformational, transitional, or reorganizational (“TTR”) business strategies. These companies are often valued at discounts to their peers, resulting from an emergence from a reorganization or distressed situation, a transformational change resulting from a shift in the demand curve, or a transitional pivot resulting from a change in macroeconomic conditions. The onset of COVID-19 globally has widened the lens of market dislocation for these companies, and we believe our team’s unique experience will be an attractive business combination partner for potential target companies.
(Note: Seaport Global Acquisition II Corp. priced its SPAC IPO this morning – Wednesday, Nov. 17, 2021 – before the U.S. stock market opened – and the pricing was in line with the terms in its prospectus: 12.5 million units at $10 each to raise $125 million. The stock is expected to be available for quotation on or around 11 a.m. EST on Wednesday, Nov. 17, 2021, on the NASDAQ.)
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2021 |
Contact Information | |
Address | 360 Madison Avenue, 20th Floor New York, NY 10017 |
Phone Number | 212-616-7700 |
Web Address | |
View Prospectus: | Seaport Global Acquisition II Corp. |
Financial Information | |
Market Cap | $156.25mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | SGIIU |
Exchange | NASDAQ |
Shares (millions): | 12.5 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $125.0 mil |
Manager / Joint Managers | B. Riley, Inc. |
CO-Managers | - |
Expected To Trade: | 11/17/2021 |
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 |