Thayer Ventures II closes $201.25 million IPO; $201.25 million placed in trust account
Thayer Ventures Acquisition Corp II closed its initial public offering on May 16, 2025, selling 20,125,000 units at $10.00 each, including the full exercise of the underwriters' over-allotment option, for gross proceeds of $201,250,000. The full amount was deposited in a trust account for public shareholders, and the company has 21 months from the IPO closing to complete an initial business combination.
Key points
- 20,125,000 units sold at $10.00 each, including 2,625,000 units from the full over-allotment option, for gross proceeds of $201,250,000
- 362,500 private placement units sold to sponsor Thayer Ventures Acquisition Holdings II LLC at $10.00 each, for $3,625,000
- $201,250,000 placed in the trust account, with Continental Stock Transfer & Trust Company as trustee
- Company must complete a business combination within 21 months of the IPO closing or redeem public shares
The filing
Written by AI on Nov 9, 2026, 11:44 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 22, 2025.
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.