Lionheart Acquisition Corporation II (LCAPU) is a newly organized blank check company formed for the purpose of a business combination with one or more businesses. Nomora and Cantor are the book runners. Lionheart comes from the same team that brought us OPES, who are moving towards their merger with BurgerFi!
Lionheart Acquisition Corporation II has not selected any specific business combination target. They said "While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to identify and acquire a business that applies innovative digital technologies and technology-enhanced services and solutions to the identification, design, development, construction, operation, financing, management and disposition of real estate properties, commonly referred to as “PropTech.” We will seek to acquire one or more PropTech businesses".
Each unit will have an offering price of $10.00 and consists of one share of Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share. Sponsors are Lionheart Equities, LLC, and Nomura Securities International, Inc.
Share the story on social media!
In Other News!