Software Acquisition Group Inc. II
Completed 2021-08-13- CIK 1816048
- SAII
- Now OTMO
- IPO 2020-09-15
- 87 filings
Successfully merged with Otonomo Technologies Ltd. • Now trading as OTMO
- IPO Size
- $150M
- raised at the IPO
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
87 filings over 5 quarters; violet bars carry a milestone
- 20 Q3: 25 filings
- 20 Q4: 2 filings
- 21 Q1: 42 filings
- 21 Q2: 8 filings
- 21 Q3: 10 filings
- S-1 filed 20 Q3
- IPO 20 Q3
- Completed 21 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Software Acquisition Group Inc. II is a newly organized blank-check company seeking to complete an initial business combination. It intends to focus on software companies, especially enterprise vertical software businesses owned by private equity and venture capital firms and corporate carve-outs.
Investment Focus
Software
Key Information
As the filings state it
- IPO Date
- 2020-09-15
- PIPE
- $143M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2021-08-13
- Merger Target
- Otonomo Technologies Ltd.
- SPAC Ticker
- SAII
- Merged Ticker
- OTMO
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team is led by Jonathan Huberman and Mike Nikzad, experienced software and technology operators and investors with a record of acquisitions, turnarounds and exits, with support from Andrew Nikou and director nominees experienced in private equity, corporate development, executive search, technology and entrepreneurship.