March 28, 2024

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Northern Star Expenditure Corp. II Announces Pricing of Upsized $350,000,000 Initial General public Supplying

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NEW YORK–(Organization WIRE)–Northern Star Investment decision Corp. II (the “Company”) announced currently that it priced its upsized first general public providing of 35,000,000 models at $10.00 for each device. The models will be detailed on the New York Stock Exchange (“NYSE”) and will get started investing tomorrow, Tuesday, January 26, 2021, beneath the ticker symbol “NSTB.U”. Each individual unit is made up of just one share of the Company’s Course A typical stock and 1-fifth of one particular redeemable warrant, every single complete warrant entitling the holder thereof to order a single share of Course A popular inventory at a selling price of $11.50 for every share, subject to adjustment. Only entire warrants are exercisable and will trade. As soon as the securities comprising the units start out independent buying and selling, shares of the Class A typical inventory and redeemable warrants are predicted to be mentioned on the NYSE beneath the symbols “NSTB” and “NSTB WS,” respectively.

Northern Star Investment Corp. II is a blank test enterprise formed for the purpose of effecting a merger, cash stock exchange, asset acquisition, stock invest in, reorganization or comparable small business combination with one particular or a lot more companies or entities. While the Business may perhaps pursue an initial goal business in any stage of its company evolution or in any sector or sector, it initially intends to target its research on target firms generally in the attractiveness, wellness, self-care, manner, e-commerce, membership and digital-media sectors. The Firm is led by Joanna Coles, Chairperson and Chief Govt Officer, and Jonathan Ledecky, President and Main Running Officer.

Citigroup World-wide Markets Inc. is acting as the sole reserve working supervisor for the featuring. The Organization has granted the underwriter a 45-working day possibility to order up to an additional 5,250,000 models at the preliminary general public offering selling price to include above-allotments, if any.

The giving is being designed only by means of a prospectus. Copies of the prospectus may be attained, when available, from Citigroup Global Markets Inc., c/o Broadridge Money Remedies, 1155 Long Island Avenue, Edgewood, New York 11717, Telephone: 1-800-831-9146.

Registration statements relating to these securities have been submitted with the Securities and Exchange Fee (“SEC”) and grew to become powerful on January 25, 2021. This push release shall not constitute an give to offer or the solicitation of an provide to purchase, nor shall there be any sale of these securities in any point out or jurisdiction in which this kind of an present, solicitation or sale would be illegal prior to registration or qualification underneath the securities rules of any such condition or jurisdiction.

Forward-Hunting STATEMENTS

This push launch incorporates statements that represent “forward-seeking statements,” such as with respect to the proposed first general public providing and the expected use of internet proceeds. No assurance can be given that the supplying talked over earlier mentioned will be concluded on the conditions explained, or at all, or that the internet proceeds of the offering will be utilised as indicated. Forward-wanting statements are topic to various conditions, several of which are beyond the regulate of the Business, which include these set forth in the Threat Things area of the Company’s registration assertion and preliminary prospectus for the supplying submitted with the SEC. Copies are out there on the SEC’s site, www.sec.gov. The Enterprise undertakes no obligation to update these statements for revisions or adjustments after the day of this release, other than as demanded by law.

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