Seaport Global Acquisition II Corp.
We intend to focus our search on companies undergoing transformational, transitional, or reorganizational (“TTR”) business strategies. These companies are often valued at discounts to their peers, resulting from an emergence from a reorganization or distressed situation, a transformational change resulting from a shift in the demand curve, or a transitional pivot resulting from a change in macroeconomic conditions. The onset of COVID-19 globally has widened the lens of market dislocation for these companies, and we believe our team’s unique experience will be an attractive business combination partner for potential target companies.
(Note: Seaport Global Acquisition II Corp. priced its SPAC IPO this morning – Wednesday, Nov. 17, 2021 – before the U.S. stock market opened – and the pricing was in line with the terms in its prospectus: 12.5 million units at $10 each to raise $125 million. The stock is expected to be available for quotation on or around 11 a.m. EST on Wednesday, Nov. 17, 2021, on the NASDAQ.)
|Address||360 Madison Avenue, 20th Floor New York, NY 10017|
|View Prospectus:||Seaport Global Acquisition II Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$125.0 mil|
|Manager / Joint Managers||B. Riley, Inc.|
|Expected To Trade:||11/17/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|