Novus Capital Corporation II. announced the pricing of its $250 million IPO this evening and its units are expected to begin trading on the NYSE under the symbol “NXU.U” Thursday, February 4.
The new company aims to combine with a business helping to evolve industries with smart technology valued between $500 million and $1.5 billion. Novus II is led by CEO Robert J. Laikin, Chairman Larry M. Paulson and CFO Vincent Donargo.
Total SPAC deal count for 2021 year-to-date is now 103 with $29.87 billion in gross proceeds raised. This offering is expected to close on Monday, February 8.
Cowen and Company LLC is acting as the sole book-running manager for the offering. Blank Rome LLP is serving as Issuer’s Counsel with Greenberg Traurig LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending July 3, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We’re heading into the July 4th holiday, so we’ll keep this week’s column short and to the point. But before you head to the beach,...
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