Vector Acquisition Corporation II Announces Pricing of Upsized $450 Million Initial Public Offering
March 10 2021 - 7:42PM
Business Wire
Vector Acquisition Corporation II (the “Company”), a special
purpose acquisition company led by Alex Slusky and formed for the
purpose of entering into a combination with one or more businesses,
today announced the pricing of its upsized initial public offering
of 45,000,000 Class A ordinary shares at a price of $10.00 per
share. The shares are listed on the Nasdaq Capital Market and trade
under the ticker symbol “VAQC”.
Deutsche Bank Securities Inc. and BofA Securities are serving as
joint book-running managers for this offering. The Company has
granted the underwriters a 45-day option to purchase up to an
additional 6,750,000 shares at the initial public offering price to
cover over-allotments, if any.
The offering is being made only by means of a prospectus. When
available, copies of the prospectus may be obtained from: Deutsche
Bank Securities Inc., Attention: Prospectus Department, 60 Wall
Street, New York, New York 10005, telephone: 800-503-4611 or email:
prospectus.cpdg@db.com; or BofA Securities, Attention: Prospectus
Department, NC1-004-03-43, 200 North College Street, 3rd Floor,
Charlotte, North Carolina 28255-0001 or email:
dg.prospectus_request@bofa.com.
A registration statement relating to the securities became
effective on March 9, 2021 in accordance with Section 8(a) of the
Securities Act of 1933, as amended. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering is expected to close on March 12, 2021, subject to
customary closing conditions.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
proposed initial public offering and the anticipated use of the net
proceeds. No assurance can be given that the offering discussed
above will be completed on the terms described, or at all, or that
the net proceeds of the offering will be used as indicated.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement and preliminary prospectus for the Company’s offering
filed with the Securities and Exchange Commission (“SEC”). Copies
are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210310006031/en/
Nathaniel Garnick / Grace Cartwright Gasthalter & Co. (212)
257-4170
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