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II has priced its initial public offering of 10,000,000 Class A ordinary shares at $10.00 per share, generating gross proceeds of $100,000,000.
The Palo Alto-based special purpose acquisition company announced the pricing on October 15, 2026, distinguishing its structure from other SPAC offerings by not including warrants that would become exercisable upon the completion of an initial business combination.
The Class A ordinary shares are scheduled to begin trading on The Nasdaq Capital Market under the ticker symbol "TCXB" on October 16, 2026.
The company expects the offering to close on or about October 19, 2026, subject to customary closing conditions.
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