IPOs
By The Online Investor Staff, updated Sat., Aug. 17, 10:42 AM
| This Slide: #2 of 15 |
Slide #2. Thunder Bridge Acquisition II, Ltd. — Initial Public Offering
Company:
Thunder Bridge Acquisition II, Ltd.
Proposed Symbol:
THBRU
Shares Offered:
30,000,000
Price Per Share:
$10.00
Over-Allotment:
4,500,000
Description:
Thunder Bridge Acquisition II, Ltd. (the "Company") announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market ("Nasdaq") and will begin trading tomorrow, Friday, August 9, 2019, under the ticker symbol "THBRU". Each unit consists of one of the Company's Class A ordinary shares and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "THBR" and "THBRW," respectively. Morgan Stanley & Co. LLC and Cantor Fitzgerald & Co. are acting as joint book running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.
