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Oaktree's second SPAC Oaktree Acquisition II prices $225 million IPO at $10

Sep 16, 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, raised $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.

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The company is led by  CEO and Director Patrick McCaney , who has served as Portfolio Manager for Oaktree's Value Equities strate...