NEW YORK–(BUSINESS WIRE)–Northern Star Funding Corp. II (the “Firm”) introduced at the moment that it priced its upsized preliminary public providing of 35,000,000 items at $10.00 per unit. The items can be listed on the New York Inventory Change (“NYSE”) and can start buying and selling tomorrow, Tuesday, January 26, 2021, below the ticker image “NSTB.U”. Every unit consists of 1 share of the Firm’s Class A standard inventory and one-fifth of 1 redeemable warrant, every complete warrant entitling the holder thereof to buy one share of Class A standard inventory at a worth of $11.50 per share, topic to adjustment. Solely complete warrants are exercisable and can commerce. As soon as the securities comprising the items start separate buying and selling, shares of the Class A standard inventory and redeemable warrants are anticipated to be listed on the NYSE below the symbols “NSTB” and “NSTB WS,” respectively.
Northern Star Funding Corp. II is a clean examine firm shaped for the aim of effecting a merger, capital inventory alternate, asset acquisition, inventory buy, reorganization or comparable enterprise mixture with a number of companies or entities. Whereas the Firm might pursue an preliminary goal enterprise in any stage of its company evolution or in any business or sector, it initially intends to focus its search on track companies primarily within the magnificence, wellness, self-care, trend, e-commerce, subscription and digital-media sectors. The Firm is led by Joanna Coles, Chairperson and Chief Government Officer, and Jonathan Ledecky, President and Chief Working Officer.
Citigroup World Markets Inc. is appearing as the only real e book working supervisor for the providing. The Firm has granted the underwriter a 45-day choice to buy as much as an extra 5,250,000 items on the preliminary public providing worth to cowl over-allotments, if any.
The providing is being made solely via a prospectus. Copies of the prospectus could also be obtained, when out there, from Citigroup World Markets Inc., c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717, Phone: 1-800-831-9146.
Registration statements relating to those securities have been filed with the Securities and Change Fee (“SEC”) and have become efficient on January 25, 2021. This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction by which such a suggestion, solicitation or sale can be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.
FORWARD-LOOKING STATEMENTS
This press launch comprises statements that represent “forward-looking statements,” together with with respect to the proposed preliminary public providing and the anticipated use of internet proceeds. No assurance will be on condition that the providing mentioned above can be accomplished on the phrases described, or in any respect, or that the online proceeds of the providing can be used as indicated. Ahead-looking statements are topic to quite a few situations, a lot of that are past the management of the Firm, together with these set forth within the Danger Elements part of the Firm’s registration assertion and preliminary prospectus for the providing filed with the SEC. Copies can be found on the SEC’s web site, www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by regulation.
