Appleby Advises Spartacus Acquisition Corp. II in Its USD230M Initial Public Offering
Appleby is pleased to announce that it acted as Cayman Islands legal counsel to Spartacus Acquisition Corp. II (Spartacus Acquisition) in connection to the closing of its initial public offering of 23,000,000 units, at $10.00 per unit, including 3,000,000 units pursuant to the full exercise of the overallotment option by the underwriters. The units began trading on the Nasdaq Capital Market (Nasdaq) on Wednesday, February 11, 2026, under the ticker symbol “TMTSU.”
Each unit consists of one share of the Company’s Class A ordinary share and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of the Class A ordinary share and warrants are expected to be listed on Nasdaq under the symbols “TMTS” and “TMTSW,” respectively.
Appleby advised on all Cayman Islands legal aspects of the transaction, further strengthening its proven track record and consistently demonstrating deep expertise in IPOs and capital markets regulation.
The Appleby Capital Markets team was led by Counsel Alexandra Low, with Partner Simon Raftopoulos, Paralegal Sophia Cunningham and other members of the corporate team.
Appleby continues to play a key role in major IPO and public-market matters worldwide.
