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Seaport Global Acquisition II Units Expected to List on Nasdaq

Dow Jones Newswires · Nov 17, 2021 11:30

By Stephen Nakrosis

The units of blank-check company Seaport Global Acquisition II Corp. are expected to list on the Nasdaq Global Market today, the company said.

The company is offering 12.5 million units, priced at $10 each, in its initial public offering. Units are expected to trade under the symbol SGIIU.

The company said it plans to focus on "companies undergoing transformational, transitional, or reorganizational business strategies."

The company also said its team sponsored blank-check company Seaport Global Acquisition Corp., which completed a business combination with Redbox last month.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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