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Colonnade Acquisition II Priced, NYSE: CLAA

Second blank check company formed by the founders of Colonnade Properties and Trafelet & Company (liquidated).

Industry: SPAC

First Day Return: -0.1%

Industry: SPAC

We are a newly incorporated blank check company. While we may pursue a business combination target in any business or industry, we intend to focus our search for a business combination on businesses with favorable growth prospects, that provide attractive risk-adjusted returns on invested capital, and offer compelling valuations relative to its peers. We believe that our shareholders will benefit from the extensive operating and transactional experience of our management team led by Joseph Sambuco (Chairman) and Remy Trafelet (CEO). Our executives have experience in identifying undervalued opportunities and generating attractive risk-adjusted returns by implementing proactive strategies to maximize operating results, market potential and shareholder returns. We believe that the management has broad experience in public market investing as well as owning and operating both private and public companies. This extensive experience provides the company with a distinct level of understanding of the opportunities, challenges, and needs target companies may face. We believe that our deep industry knowledge and our well-established network of proprietary relationships with public and private companies, equity sponsors, lending institutions, family offices, investment banks, attorneys and brokers, will provide attractive acquisition opportunities.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/09/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $300
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters West Palm Beach, FL, United States
Founded 2020
Employees at IPO 1

Colonnade Acquisition II (CLAA) Performance