Each unit includes one Class A ordinary share and a right to receive an additional share once the company completes its initial business combination. Once the components begin trading separately, the shares and rights will move to the Nasdaq under the symbols THEO and THEOR, respectively. The offering is expected to close on August 5, 2026, with D. Boral Capital LLC serving as the sole book-running manager. The underwriters hold a 45-day option to purchase up to 1.875 million additional units to address potential over-allotments.
BOA Acquisition Corp. II Targets $125 Million IPO
Special purpose acquisition company BOA Acquisition Corp. II has priced its initial public offering at $125 million, offering 12.5 million units at $10.00 each. The securities are slated to begin trading on the Nasdaq Global Market under the ticker symbol THEOU starting August 4, 2026, following SEC registration.
Formed to execute mergers or asset acquisitions, the company plans to focus its search on real estate and infrastructure investments. Management specifically targets opportunities within the energy, telecommunications, and transportation sectors. While the firm maintains flexibility regarding the stage of development or geographic location of potential targets, its stated strategy centers on these capital-intensive industries.
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