Juniper II Corp. (JUN.U) has priced its upsized initial public offering (IPO) of 26M units at $10.00/unit, for an anticipated gross proceeds of $260M.
Each unit will consist of one share of Class A common stock of the company and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one share of Class A common stock at $11.50 per share.
Underwriters have been granted a 45-day over-allotment option to purchase up to 3,900,000 additional units at the IPO price.
The units will start trading on the NYSE from November 4, 2021 under the ticker symbol “JUN.U.” The Class A common stock and warrants are expected to be listed on the NYSE under the symbols “JUN” and “JUN WS,” respectively.
Offering is expected to close on November 8, 2021.
