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Alternative investment manager's second SPAC Oaktree Acquisition II files for a $225 million IPO

Aug 31, 2020 - Nasdaq
Mergers and Acquisitions

O aktree Acquisition II, the second blank check company led by the head of Oaktree Capital's Value Equities group, filed on Monday with the SEC to raise up to $225 million in an initial public offering.

The Los Angeles, CA-based company plans to raise $225 million by offering 22.5 million units at $10. Each unit consists of one share of common stock and one-quarter of a warrant, exercisable at $11.50. At the proposed price, Oaktree Acquisition II would command a market value of $281 milli...