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Rmg Acquisition Corporation II

RMGB.OQ

Latest Trade

9.97USD

Change

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Today's Range

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52 Week Range

9.77

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20.00

As of on the NASDAQ ∙ Minimum 15 minute delay

Latest Developments

Renew Power To Go Public Through Business Combination With RMG Acquisition Corporation II In $8 Bln Deal

Feb 24 (Reuters) - Rmg Acquisition Corporation II <RMGB.O>::RENEW POWER, INDIA’S LEADING RENEWABLE ENERGY COMPANY, TO PUBLICLY LIST THROUGH BUSINESS COMBINATION WITH RMG ACQUISITION CORPORATION II IN $8 BILLION TRANSACTION.RMG ACQUISITION CORPORATION II - PRO FORMA CONSOLIDATED & FULLY DILUTED ENTERPRISE VALUE OF APPROXIMATELY $8 BILLION.RMG ACQUISITION CORPORATION II - TOTAL ANTICIPATED PROCEEDS OF $1.2 BILLION FROM RENEW POWER DEAL.RMG ACQUISITION CORPORATION II - ANTICIPATED NET PRIMARY PROCEEDS OF APPROXIMATELY $610 MILLION FROM DEAL.RMG ACQUISITION CORPORATION II - $855 MILLION, UPSIZED, FULLY-COMMITTED PRIVATE PLACEMENT OF COMMON STOCK IN RENEW POWER.RMG ACQUISITION CORPORATION II - UPON CLOSING, COMBINED ENTITY IS EXPECTED TO BE LISTED ON NASDAQ UNDER NEW TICKER SYMBOL "RNW".RMG ACQUISITION CORPORATION II - RENEW CURRENTLY HAS AN AGGREGATE CAPACITY OF CLOSE TO 10 GW.RMG ACQUISITION CORPORATION - UPSIZED PIPE ANCHORED BY INSTITUTIONAL INVESTORS INCLUDING FUNDS MANAGED BY BLACKROCK, CHAMATH PALIHAPITIYA.RMG ACQUISITION CORPORATION II - RENEW'S LEADERSHIP WILL REMAIN INTACT, WITH SUMANT SINHA AS CHAIRMAN & CEO OF COMBINED CO.RMG ACQUISITION CORPORATION II - BOB MANCINI WILL BE APPOINTEE FROM RMG II TO COMBINED CO'S BOARD.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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