Collective Acquisition Corp. II closes $220 million IPO of 22 million units
Collective Acquisition Corp. II, a blank check company, closed its initial public offering of 22,000,000 units at $10.00 per unit on April 30, 2026, for gross proceeds of $220,000,000. A total of $221,100,000 was placed in a trust account, and the filing states that trust funds generally cannot be released until a business combination is completed or public shares are redeemed, with a deadline of 18 months from the offering closing.
Key points
- Closed on April 30, 2026: 22,000,000 units at $10.00 each, for $220,000,000 in gross proceeds; units began trading April 29, 2026 under the ticker CAIIU.
- $221,100,000 placed in a U.S.-based trust account maintained by Efficiency INC., including $6,600,000 of deferred underwriting commissions.
- Private sale of 5,837,500 warrants to the sponsor at $0.80 each, for $4,670,000 in gross proceeds.
- Four directors appointed April 28, 2026, including Daniel Hoffman; Samuel Sayegh named Chairman; James Shekerdemian chairs the audit committee.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.