GS Acquisition Holdings Corp. II (GSAH) Prices 70M Unit IPO at $10/Unit

GS Acquisition Holdings Corp II (NYSE: GSAH), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 70,000,000 units at a price of $10.00 per unit. The Company is sponsored by GS Sponsor II LLC, an affiliate of The Goldman Sachs Group, Inc. The units are expected to be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “GSAH.U” beginning June 30, 2020. Each unit consists of one share of Class A common stock and one-quarter of one redeemable warrant. Each whole warrant may be exercised for one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE under the symbols “GSAH” and “GSAH WS,” respectively.

Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are serving as the joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 10,500,000 units 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 Goldman Sachs & Co. LLC,

You May Also Be Interested In

• Rubrik, Inc. (RBRK) IPO Opens at $38.60, Priced at $32
• Marex Group (MRX) Prices 15.38M Share IPO at $19/sh
• Business First Bancshares Inc. (BFST) to acquire Oakwood Bancshares