{"id":409987,"date":"2021-01-06T17:38:54","date_gmt":"2021-01-06T22:38:54","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=409987"},"modified":"2021-01-06T17:38:54","modified_gmt":"2021-01-06T22:38:54","slug":"vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/","title":{"rendered":"VectoIQ Acquisition Corp. II Announces Pricing of $300 Million Initial Public Offering"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 6, 2021<\/span> \/PRNewswire\/ &#8212; VectoIQ Acquisition Corp. II (the &#8220;Company&#8221;) today announced the pricing of its initial public offering of 30,000,000 units at a price of <span class=\"xn-money\">$10.00<\/span> per unit. The units are expected to be listed on the Nasdaq Capital Market (&#8220;Nasdaq&#8221;) and trade under the ticker symbol &#8220;VTIQU&#8221; beginning <span class=\"xn-chron\">January 7, 2021<\/span>. Each unit consists of one share of the Company&#8217;s common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of <span class=\"xn-money\">$11.50<\/span> per share. Once the securities comprising the units begin separate trading, the Company expects that its common stock and warrants will be listed on Nasdaq under the symbols &#8221;VTIQ&#8221; and &#8221;VTIQW,&#8221; respectively.<\/p>\n<p>The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company&#8217;s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although it intends to focus on businesses in the industrial technology, transportation and smart mobility industries.<\/p>\n<p>Cowen and Company, LLC and Morgan Stanley &amp; Co. LLC are acting as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to 4,500,000 additional units at the initial public offering price to cover over-allotments, if any.<\/p>\n<p>The public offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from Cowen and Company, LLC, c\/o Broadridge Financial Services, 1155 Long Island Avenue, <span class=\"xn-location\">Edgewood, NY<\/span> 11717, Attn: Prospectus Department, email: <a target=\"_blank\" href=\"mailto:postSaleManualRequests@broadridge.com\" rel=\"nofollow noopener noreferrer\">postSaleManualRequests@broadridge.com<\/a>, telephone: 833-297-2926; or Morgan Stanley &amp; Co. LLC, 180 Varick Street, 2nd Floor, <span class=\"xn-location\">New York, NY<\/span> 10014, Attn: Prospectus Department, email: <a target=\"_blank\" href=\"mailto:prospectus@MorganStanley.com\" rel=\"nofollow noopener noreferrer\">prospectus@morganstanley.com<\/a>. \u00a0<\/p>\n<p>A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) on <span class=\"xn-chron\">January 6, 2021<\/span>. 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.<\/p>\n<p>\n        <b>About VectoIQ Acquisition Corp. II<\/b>\n      <\/p>\n<p>VectoIQ Acquisition Corp. II, a <span class=\"xn-location\">Delaware<\/span> corporation, is a blank check company newly formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company&#8217;s management team is led by <span class=\"xn-person\">Stephen Girsky<\/span>, Chief Executive Officer and Director.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>This press release contains statements that constitute &#8220;forward-looking statements,&#8221; including with respect to the initial public offering and the anticipated use of the net proceeds thereof. 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&#8217;s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC&#8217;s website, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3028136-1&amp;h=1002238516&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">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.<\/p>\n<p>\n        <b>Contacts:<\/b>\n      <\/p>\n<p>Gladstone Place Partners<br \/><span class=\"xn-person\">Lauren Odell<\/span> \/ <span class=\"xn-person\">Danielle Belopotosky<\/span><br \/>212-230-5930<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY39429&amp;sd=2021-01-06\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering-301202351.html\">http:\/\/www.prnewswire.com\/news-releases\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering-301202351.html<\/a><\/p>\n<p>SOURCE  VectoIQ Acquisition Corp. II<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY39429&amp;Transmission_Id=202101061735PR_NEWS_USPR_____NY39429&amp;DateId=20210106\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ &#8212; VectoIQ Acquisition Corp. II (the &#8220;Company&#8221;) today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market (&#8220;Nasdaq&#8221;) and trade under the ticker symbol &#8220;VTIQU&#8221; beginning January 7, 2021. Each unit consists of one share of the Company&#8217;s common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its common stock and warrants will be listed on Nasdaq under &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VectoIQ Acquisition Corp. II Announces Pricing of $300 Million 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-409987","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VectoIQ Acquisition Corp. II Announces Pricing of $300 Million 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\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VectoIQ Acquisition Corp. II Announces Pricing of $300 Million Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 6, 2021 \/PRNewswire\/ &#8212; VectoIQ Acquisition Corp. II (the &#8220;Company&#8221;) today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market (&#8220;Nasdaq&#8221;) and trade under the ticker symbol &#8220;VTIQU&#8221; beginning January 7, 2021. Each unit consists of one share of the Company&#8217;s common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its common stock and warrants will be listed on Nasdaq under &hellip; Continue reading &quot;VectoIQ Acquisition Corp. 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Each unit consists of one share of the Company&#8217;s common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its common stock and warrants will be listed on Nasdaq under &hellip; Continue reading \"VectoIQ Acquisition Corp. II Announces Pricing of $300 Million Initial Public Offering\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-06T22:38:54+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY39429&amp;sd=2021-01-06","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vectoiq-acquisition-corp-ii-announces-pricing-of-300-million-initial-public-offering\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"VectoIQ Acquisition Corp. 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