IPO for SPAC GX Acquisition Corp. II (GXII) Opens at $9.95

Today's IPO for SPAC GX Acquisition Corp. II (NASDAQ: GXII) (NASDAQ: GXIIU) opened for trading at $9.95 after pricing 30,000,000 units at $10.00 per unit.

Cantor Fitzgerald & Co. is acting as the sole book running manager for the offering.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on companies with an enterprise value in excess of $1 billion. The Company is led by Co-Chief Executive Officers Jay Bloom and Dean Kehler, and President Michael Maselli.

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