Vine Hill Capital closes $230 million IPO of 23 million units
Vine Hill Capital Investment Corp. II, a special purpose acquisition company, closed its initial public offering of 23,000,000 units at $10.00 per unit on December 19, 2025, including 3,000,000 units from the underwriters' over-allotment option. The company placed $230,000,000 of IPO and private placement proceeds in a trust account, to be released only on a business combination, a shareholder-approved amendment, or liquidation if no combination is completed within 24 months.
Key points
- 23,000,000 units sold at $10.00 each, generating gross proceeds of $230,000,000 before underwriting discounts and offering expenses
- $230,000,000 of net proceeds and private placement funds placed in trust, including an $8,050,000 underwriters' deferred discount
- Sponsor bought 5,500,000 private placement warrants at $1.00 each, for $5,500,000 in gross proceeds
- Four new directors appointed effective December 17, 2025, and the Sponsor pays $15,000 per month for administrative services
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 December 19, 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.