Bleichroeder Acquisition II (BBCQ) said late Friday it has completed its initial public offering, raising $287.5 million.
The IPO included 28.8 million units priced at $10 per unit.
Each unit comprises one Class A share and one-third of one redeemable warrant. Once the securities begin trading separately, the Class A shares and warrants will be listed on Nasdaq under the symbols "BBCQ" and "BBCQW," respectively.
The blank check company said the IPO proceeds were placed in a trust account.
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