GSR II Meteora Acquisition Corp. Announces the Closing of its $316M Initial Public Offering, Including Fully-Exercised Over-Allotment Option

Mar 02, 2022

GSR II Meteora Acquisition Corp. (“GSRM” or the “Company”) announced today that it closed its initial public offering of 31,625,000 units at a price of $10.00 per unit for aggregate gross proceeds of $316,250,000. The offering size reflects the full exercise of the underwriter’s over-allotment option. Each unit sold consists of one share of Class A common stock, one warrant to purchase a share of Class A common stock at a per share exercise price of $11.50 and one-sixteenth of a right to receive a share of Class A common stock.

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