The new company aims to combine with a target that offers favorable growth prospects and provides attractive risk-adjusted returns. Colonnade II is led by Chairman Joseph S. Sambuco and CEO Remy W. Trafelet.
Total SPAC deal count for 2021 year-to-date is now 236. This offering is expected to close on Friday, March 12.
Barclays Capital Inc. and Deutsche Bank Securities Inc. are acting as joint-book running managers of the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.