{"id":399239,"date":"2020-12-14T11:58:19","date_gmt":"2020-12-14T16:58:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399239"},"modified":"2020-12-14T11:58:19","modified_gmt":"2020-12-14T16:58:19","slug":"rmg-acquisition-corp-ii-announces-closing-of-345000000-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rmg-acquisition-corp-ii-announces-closing-of-345000000-initial-public-offering\/","title":{"rendered":"RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>RMG Acquisition Corp. II Announces Closing of <\/b><b>$345,000,000 Initial Public Offering<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nRMG Acquisition Corp. II (the \u201cCompany\u201d) announced today the closing of its initial public offering of 34,500,000 units, which included the full exercise of the underwriters\u2019 over-allotment option, at a price of $10.00 per unit, resulting in gross proceeds of $345,000,000. The units began trading on the Nasdaq Stock Market, LLC (\u201cNasdaq\u201d) under the ticker symbol \u201cRMGBU\u201d on December 10, 2020. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on Nasdaq under the symbols \u201cRMGB\u201d and \u201cRMGBW,\u201d respectively.\n<\/p>\n<p>\nThe Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. The Company intends to capitalize on the ability of its management team to identify, acquire and operate businesses across a broad range of sectors that may provide opportunities for attractive long-term risk-adjusted returns.\n<\/p>\n<p>\nBofA Securities and Barclays are acting as joint book-running managers in the offering.\n<\/p>\n<p>\nThe offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, or by emailing <a rel=\"nofollow\" href=\"mailto:dg.prospectus_requests@bofa.com\">dg.prospectus_requests@bofa.com<\/a>; or Barclays Capital, c\/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: <a rel=\"nofollow\" href=\"mailto:Barclaysprospectus@broadridge.com\">Barclaysprospectus@broadridge.com<\/a>, tel: 888-603-5847.\n<\/p>\n<p>\nA registration statement relating to the securities has been declared effective by the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on December 9, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains statements that constitute \u201cforward-looking statements,\u201d including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company\u2019s registration statement and preliminary prospectus for the Company\u2019s offering filed with the SEC. Copies of these documents are available on the SEC\u2019s website, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52348171&amp;newsitemid=20201214005643&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=a0e619b2ffd9d642ce2c993db8e9f4f5\">www.sec.gov<\/a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201214005643r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201214005643\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201214005643\/en\/<\/a><\/span><\/p>\n<p><b>Investor:<br \/>\n<\/b><br \/>Philip Kassin<br \/>\n<br \/>President<br \/>\n<br \/>RMG Acquisition Corp. II<br \/>\n<br \/>50 West Street, Suite 40C<br \/>\n<br \/>New York, NY 10006<br \/>\n<br \/>Telephone: (212) 785-2579<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:pkassin@rmginvestments.com\">pkassin@rmginvestments.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Consulting Banking Professional Services Other Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering NEW YORK&#8211;(BUSINESS WIRE)&#8211; RMG Acquisition Corp. II (the \u201cCompany\u201d) announced today the closing of its initial public offering of 34,500,000 units, which included the full exercise of the underwriters\u2019 over-allotment option, at a price of $10.00 per unit, resulting in gross proceeds of $345,000,000. The units began trading on the Nasdaq Stock Market, LLC (\u201cNasdaq\u201d) under the ticker symbol \u201cRMGBU\u201d on December 10, 2020. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rmg-acquisition-corp-ii-announces-closing-of-345000000-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399239","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rmg-acquisition-corp-ii-announces-closing-of-345000000-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RMG Acquisition Corp. II Announces Closing of $345,000,000 Initial Public Offering NEW YORK&#8211;(BUSINESS WIRE)&#8211; RMG Acquisition Corp. II (the \u201cCompany\u201d) announced today the closing of its initial public offering of 34,500,000 units, which included the full exercise of the underwriters\u2019 over-allotment option, at a price of $10.00 per unit, resulting in gross proceeds of $345,000,000. The units began trading on the Nasdaq Stock Market, LLC (\u201cNasdaq\u201d) under the ticker symbol \u201cRMGBU\u201d on December 10, 2020. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising &hellip; Continue reading &quot;RMG Acquisition Corp. 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