Appleby Advised Spartacus Acquisition Corp. II in Its USD230M Initial Public Offering

Appleby Advised Spartacus Acquisition Corp. II in Its USD230M Initial Public Offering

Appleby advised Spartacus Acquisition Corp. II as Cayman Islands legal counsel 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 Alexandra Low (Counsel) with Simon Raftopoulos (Partner), Sophia Cunningham (Paralegal) and other members of the corporate team.

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