Jackson Acquisition II, trading under the NYSE ticker JACS.U, is a special purpose acquisition company (SPAC) formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses. Organized as a Delaware corporation, the company offers an investment vehicle through which private firms can become publicly traded entities.
Jackson Acquisition II completed its initial public offering in 2021, issuing units that consist of one share of common stock and one-third of one redeemable warrant. The net proceeds from this offering are held in a trust account and may be used to finance a business combination, with a predetermined portion available to cover transaction expenses and related costs.
Under its charter, Jackson Acquisition II has a 24-month window from the closing of its IPO to identify and complete a qualifying business combination. The SPAC may extend this deadline by up to two additional six-month periods, subject to payment of extension fees and other conditions specified in its governing documents.
Jackson Acquisition II is sponsored by Jackson Square Partners II, LLC, an affiliate of San Francisco–based investment adviser Jackson Square Partners. The sponsor brings experience in investment management, capital markets and strategic acquisitions to support the SPAC’s efforts in sourcing, structuring and executing a value‐oriented business combination.
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