M EVO GLOBAL II Completes $300 Million IPO

SPAC Raises $300 Million in Initial Public Offering

M EVO GLOBAL ACQUISITION CORP II has successfully closed its initial public offering, raising a total of $300 million. The offering, which concluded on February 2, 2026, included the full exercise of the underwriters’ over-allotment option, resulting in the sale of 30 million units at a price of $10.00 per unit.

Offering Details and Trading Information

The units began trading on the NASDAQ stock exchange under the ticker symbol 'MEVOU' on January 30, 2026. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. The warrants are exercisable at $11.50 per share. The company anticipates that upon separation, the Class A ordinary shares and warrants will trade under the symbols 'MEVOX' and 'MEVOW,' respectively.

Strategic Focus on Critical Minerals Sector

Led by Chairman and CEO Stephen Silver and COO Ashley Zumwalt-Forbes, M EVO GLOBAL ACQUISITION CORP II operates as a special purpose acquisition company. The firm intends to use the IPO proceeds to pursue a business combination with a company in the critical minerals sector. The target entities are those that support United States economic and national security interests. Cohen and Company Capital Markets acted as the lead underwriter for the offering.

Summary

With its IPO now complete and capital secured, M EVO GLOBAL ACQUISITION CORP II will focus on identifying and merging with a suitable target in the strategic critical minerals industry. The market will monitor the company's progress toward announcing a definitive business combination agreement.

FAQ

Q: How much capital did M EVO GLOBAL ACQUISITION CORP II raise?
A: The company raised $300 million through its initial public offering.

Q: What industry will the company target for acquisition?
A: The company will focus on business combinations with entities in the critical minerals sector.

Q: What is the ticker symbol for the company's units?
A: The units trade on NASDAQ under the ticker symbol 'MEVOU'.

Source: Investing.com