Altimar Acquisition Corp. II, a special purpose acquisition company, announced today the closing of its initial public offering of 34,500,000 units at a price of $10.00 per unit, which included 4,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option.
The units were listed on the New York Stock Exchange and began trading under the ticker symbol "ATMRU" on February 5, 2021. Each unit consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols "ATMR" and "ATMRW," respectively.