BOA Acquisition Corp. II Completes $143.75 Million Initial Public Offering Successfully

BOA Acquisition Corp. II's Successful IPO

On August 5, 2026, BOA Acquisition Corp. II, a special purpose acquisition company (SPAC), proudly announced the closure of its initial public offering (IPO) amounting to $143.75 million. This significant milestone saw the company issuing a total of 14,375,000 units at a price of $10.00 per unit, which included an additional 1,875,000 units resulting from the complete exercise of the underwriter's over-allotment option. The units made their debut on the Nasdaq Global Market on August 4, 2026, under the ticker symbol "THEOU."

Each unit issued consists of one Class A ordinary share along with a right to receive an additional Class A ordinary share upon the successful completion of the Company's initial business combination. Investors can expect the company’s ordinary shares and warrants to be traded separately in the near future, with the anticipated ticker symbols "THEO" and "THEOR," respectively.

The motive behind the formation of BOA Acquisition Corp. II is to engage in a merger or a similar business combination with various enterprises across diverse sectors. The company is primarily focusing on identifying investment prospects within real estate and infrastructure assets, particularly emphasizing energy, telecommunications, and transportation sectors.

The initiation of this public offering was under the sole management of D. Boral Capital LLC, which facilitated the entire transaction. It's essential to note that the offering was conducted solely via a prospectus, which is available for potential investors upon request. For those interested, copies of this prospectus can be obtained from D. Boral Capital LLC located at 590 Madison Avenue, 39th Floor, New York, NY, 10022. They can also be reached via email at [email protected] or by telephone at (212) 970-5150.

In accordance with regulatory protocols, a registration statement for these securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on August 3, 2026. It’s worth highlighting that this press release should not be misconstrued as an offer to sell or solicit an offer to buy these securities. The sale of securities will only proceed in compliance with applicable state or jurisdiction laws.

Additionally, this announcement contains several forward-looking statements regarding the intended use of the net proceeds from the offering, alongside the company’s expectations concerning its ability to finalize an initial business combination. While the company aspires to fulfill these ambitions, it is crucial to understand that no guarantee can be provided that the desired business transaction will materialize, given the various uncertainties involved.

Investment in the sectors pursued by BOA Acquisition Corp. II may hold significant risks highlighted in the Risk Factors section of the registration statement and prospectus available on the SEC’s official website at www.sec.gov.

Stay informed about BOA Acquisition Corp. II by following updates on their progress as they explore new avenues and strategies in the investment landscape. A promising future awaits as this company embarks on its journey to create valuable business combinations alongside their stakeholders and investors.