India, May 13 -- Breeze Acquisition Corp. II (BREZU), a blank check company, announced the pricing of its initial public offering of 12.50 million units at $10.00 per unit to raise $125 million.
The units are expected to begin trading on the Nasdaq on May 13, under the symbol "BREZU".
Each unit includes one ordinary share and one right. Upon a business combination, each right converts to one-fifth of an ordinary share.
The shares and rights will later trade separately on the Nasdaq, under the symbols "BREZ" and "BREZR".
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The offering is expected to close on or about May 14.
The company has granted underwriters a 45-day option to purchase up to an addit...