Austerlitz Acquisition Corporation II announced the pricing of its Upsized $1.2 billion IPO this evening and its units are expected to begin trading on the NYSE under the symbol “ASZ.U,” Friday, February 26.
The new company aims to combine with a fintech or business services target that serves core sectors of the economy. Austerlitz II is led by Founder William P. Foley II, CEO Richard N. Massey, President David W. Ducommun, and CFO Bryan D. Coy.
Total SPAC deal count for 2021 year-to-date is now 181. This offering is expected to close on Tuesday, March 2.
Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and BofA Securities are acting as joint book-running managers for the offering. Weil, Gotshal & Manges LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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