The Generation Essentials Group and Black Spade Acquisition II Co Announce Approval of Business Combination by Black Spade II’s Shareholders
The Generation Essentials Group (“TGE”) and Black Spade Acquisition II Co (
NASDAQ: BSII) (“Black Spade II”) today announced that their previously announced business combination (the “Business Combination”) was approved at an extraordinary general meeting of Black Spade II’s shareholders on May 30, 2025.
World Media and Entertainment Universal to Go Public Through Business Combination With Black Spade Acquisition II Co
World Media and Entertainment Universal Inc. (“WME” or the “Company”), a global media and entertainment company, and Black Spade Acquisition II Co (Nasdaq: BSII, “BSII”) announced today that they have entered into a business combination agreement. Upon the completion of the transactions contemplated by the business combination agreement, the combined company will retain its name “World Media and Entertainment Universal Inc.” and its headquarters in Paris, and its ordinary shares will be listed on a U.S. stock exchange.
Black Spade Acquisition II Co Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing October 7, 2024
Black Spade Acquisition II Co (the “Company”) announced that commencing October 7, 2024, holders of the units sold in the Company’s initial public offering of 15,300,000 units (including 300,000 units sold in connection with the partial exercise of the underwriter’s over-allotment option), with a total gross proceeds of $153,000,000, may elect to separately trade the Class A ordinary shares and warrants included in the units. Those units not separated will continue to trade on the Nasdaq Stock Market LLC under the symbol “BSIIU,” and the Class A ordinary shares and warrants that are separated will trade on the Nasdaq Stock Market LLC under the symbols “BSII” and “BSIIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.
Black Spade Acquisition II Co Announces Closing of Partial Exercise of IPO Over-Allotment Option
Black Spade Acquisition II Co (the “Company”) (
NASDAQ: BSIIU), a special purpose acquisition company (“SPAC”), today announced that the underwriters of its previously announced initial public offering have partially exercised their option to purchase an additional 300,000 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of approximately $3,000,000. The underwriters have a remaining option to purchase up to 1,950,000 additional units.
Black Spade Acquisition II Co Announces Closing Of $150 Million Initial Public Offering
Black Spade Acquisition II Co (the “Company”) (
NASDAQ: BSIIU), a special purpose acquisition company (“SPAC”), today announced the closing of its previously announced initial public offering of 15,000,000 units at a price of $10.00 per unit, for aggregate gross proceeds to the Company of $150,000,000.
Black Spade Acquisition II Co Announces Pricing Of $150 Million Initial Public Offering
Black Spade Acquisition II Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BSIIU” on August 28, 2024.
