Corporate ActionJun 24, 2026, 05:22 PM
VII Files S-1 for $200M IPO of 20M Units
AI Summary
Viking Acquisition Corp. II filed an S-1 amendment for its Initial Public Offering, offering 20,000,000 units at $10.00 each, totaling $200,000,000. Each unit consists of one Class A ordinary share and one-third of one warrant, with proceeds to be held in a trust account. The blank check company aims to complete a business combination within 24 months of the offering's closing.
Key Highlights
- Initial Public Offering of 20,000,000 units at $10.00 per unit.
- Total offering size of $200,000,000, with a 45-day over-allotment option for 3,000,000 units.
- Each unit comprises one Class A ordinary share and one-third of one warrant.
- $200,000,000 to be placed in a U.S.-based trust account.
- Sponsor to purchase 350,000 private placement units for $3,500,000.
- Cohen & Company Capital Markets to invest $2,500,000 for 250,000 private placement units.
- Blank check company seeking a business combination within 24 months.
- Plans to list units, Class A shares, and warrants on the NYSE.
Price Impact