Collective Acquisition Corp. II closes $33 million over-allotment, totals $253 million IPO
Collective Acquisition Corp. II, a blank check company, said on June 12, 2026 the underwriters fully exercised their over-allotment option, selling 3,300,000 additional units for $33,000,000 in gross proceeds. Total IPO proceeds are now $253,000,000 and total trust account deposits are $254,265,000, which holders of the company's shares and warrants would rely on for any future business combination.
Key points
- Over-allotment closed June 12, 2026: 3,300,000 units at $10.00 each, for $33,000,000 gross proceeds
- Total units sold: 25,300,000 for $253,000,000; private placement warrants total 6,250,000 for $5,000,000
- $254,265,000 of net proceeds placed in the trust account, with Efficiency INC. as trustee
- Units separate into Class A shares (CAII) and warrants (CAIIW) on Nasdaq commencing June 22, 2026
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 June 17, 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.