Ogier advises Armada Acquisition Corp. II on US$230 million IPO

Ogier's Corporate team in the Cayman Islands has advised Armada Acquisition Corp. II in its initial public offering on the Nasdaq Global Market.

The special purpose acquisition company (SPAC) began the trading of 23 million units, including a fully exercised over-allotment option, at US$10.00 per unit on 21 May 2025. The units traded under the ticker symbol AACIU.

The SPAC's purpose is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalisation, reorganisation or similar business combination with one or more businesses. Armada Acquisition Corp. II intends to focus its search on businesses in the fintech, software-as-a-service (SaaS) or generative artificial intelligence industries.

The Ogier deal team was led by partner Cynthia Anandajayasekeram, with support from partner Bradley Kruger, senior associates Ali Pasley and James O’Sullivan, and associate Wray Sulisz. 
 
Ogier's equity capital markets experts specialise in the establishment and listing of SPACs, as well as the subsequent de-SPAC process. Contact one of our team to find out more.