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Media Coverage

Pillsbury Advises Atlantic Coastal on Second SPAC Transaction, Completing $300 Million IPO

Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas

Media Coverage

Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas

01.19.22

Pillsbury has advised special purpose acquisition company Atlantic Coastal Acquisition Corp. II on an upsized initial public offering, raising a total of $300 million following exercise of the underwriters’ over-allotment option. The transaction, which closed January 19, will result in listing of the company’s units on the NASDAQ Global Market, with Atlantic Coastal trading under the ticker symbol “ACABU”.

This SPAC transaction marks the second successful blank-check vehicle for the Atlantic Coastal management team. Atlantic Coastal Acquisition Corp. II is led by Shahraab Ahmad, Chief Executive Officer, Burt Jordan, President, Tony Eisenberg, Chief Strategy Officer, and Jason Chryssicas, Chief Financial Officer.

For more information about the IPO, click here.

The team advising Atlantic Coastal on this offering was led by partners Stephen Ashley, Matt Oresman, Steve Amdur and Bianca Bowen, and included Corporate associates Brandon Eckford, Harriet McCartin and Christopher Wing, and Senior Law Clerk Sarah Konnerth.

Tags
Stephen C. Ashley, Matthew Oresman, Stephen B. Amdur, Bianca K. Bowen, Brandon B. Eckford, Harriet McCartin, Christopher Wing, Sarah Konnerth, Corporate, Capital Markets, Special Purpose Acquisition Companies (SPACs), New York, London