SPAC II — Consumer-focused SPAC

 

New Providence Acquisition Corp. II, a consumer-focused Special Purpose Acquisition Company, announces the closing of its upsized $250,000,000 initial public offering

New Providence Acquisition Corp. II (“NPA II”, “We” or “Us”), a $250 million special purpose acquisition company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. NPA II intends to acquire a company in the broader consumer market with an an enterprise value greater than $700 million. Our management team brings a combination of operating, investing, financial and transaction experience and has worked together for over a decade creating value for shareholders.

Our management team includes Alex Coleman, our Chairman; Gary Smith, our Chief Executive Officer; and James Bradley, our Chief Financial Officer. Alex’s and Gary’s careers have centered on identifying and implementing value creation initiatives within the consumer and consumer-related products and services industries while James has focused on M&A and serving as CFO of a middle-market consumer business.

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