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Trine II Acquisition Priced, NYSE: TRAQ.U

Second SPAC led by Leo Hindery targeting the TMT industries (liquidated).

Industry: SPAC

Latest Trade: $10.47 +0.47 (+4.7%)

First Day Return: +0.5%

Return from IPO: 0.0%

Industry: SPAC

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Trine II Acquisition Corp. is led by Leo Hindery, Jr. and Pierre M. Henry, who co-founded Trine Acquisition Corp. (“Trine I”) in September 2018. Trine II is the second special purpose acquisition corporation (“SPAC”) in the Trine franchise. The two share a vision of becoming long-term partners with category leading technology, media and telecommunications (“TMT”) management teams in order to help them realize increased scale and differentiation in public markets. Trine II’s focus is again centered on partnering with innovative and disruptive TMT companies based in North America and Europe, having successfully closed a business combination between Trine I and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) on December 9, 2020.
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IPO Data
IPO File Date 02/18/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/02/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 4
Website www.trineacquisitioncorp.com

Trine II Acquisition (TRAQ.U) Performance