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...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.