Spartacus Acquisition Corp. II closes $230 million IPO, places proceeds in trust
Spartacus Acquisition Corp. II, a blank check company, completed its initial public offering of 23,000,000 units on February 12, 2026, including the full exercise of the underwriters' over-allotment option, for gross proceeds of $230 million. The full $230 million, or $10.00 per public share, was placed in a U.S.-based trust account held by Continental Stock Transfer & Trust Company, and the company has not yet selected a business combination target.
Key points
- IPO closed February 12, 2026: 23,000,000 units at $10.00 each, gross proceeds of $230,000,000
- Private placement to sponsor Spartacus Sponsor II LLC: 4,125,000 warrants at $1.00 each, gross proceeds of $4,125,000
- $230,000,000 placed in trust account; company has 24 months from IPO closing to complete a business combination
- Cash on hand of $1,962,363 as of February 12, 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 February 19, 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.