Oyster Enterprises II Acquisition Corp Announces the Upsized Pricing of $220,000,000 Initial Public Offering

Company Overview - Oyster Enterprises II Acquisition Corp is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company is focused on industries that align with the management team's background, including technology, media, entertainment, sports, consumer products, financial services, real estate, and hospitality [2] - Additionally, the company aims to pursue acquisition opportunities in AI companies and those within the digital assets and blockchain ecosystem [2] Management Team - The management team is led by Mario Zarazua, the Chief Executive Officer and Vice Chairman, and Heath Freeman, the Chairman [3] - The Board includes Divya Narendra, Lief Haniford, and Jordan Fliegel, with Randall D. Smith serving as an Advisor and Mike Rollins as the Chief Financial Officer [3] - BTIG, LLC is acting as the sole book-running manager for the offering [3] Initial Public Offering (IPO) Details - The company announced an upsized pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit [1] - The units are expected to be listed on the Nasdaq Global Market under the ticker symbol "OYSEU" and begin trading on May 22, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one tenth of one Class A ordinary share upon the consummation of an initial business combination [1] - The offering is expected to close on May 23, 2025, subject to customary closing conditions [1] - The underwriters have been granted a 45-day option to purchase up to an additional 3,300,000 units at the initial public offering price to cover over-allotments [1]