Ogier acted as BVI counsel to A SPAC II Acquisition Corp on its US$185 million initial public offering on NASDAQ.
The units issued by the company started trading under the ticker symbol "ASCBU" on NASDAQ on 3 May 2022.
A SPAC II Acquisition Corp intends to pursue prospective targets that are in high-growth industries applying cutting-edge technologies, such as proptech and fintech, with a preference for companies that promote environmental, social and governance (ESG) principles.
The Ogier team in Hong Kong was led by counsel Rachel Huang with support from the firm’s global head of Corporate, Nathan Powell.
Ogier is a leading provider of legal and corporate administration services to SPACs and other public issuers domiciled in both the Cayman Islands and the British Virgin Islands.