SPAC Collective Acquisition II files for a $220 million IPO, targeting finance, defense technology, and AI
IPO Overview
Collective Acquisition II, a blank check company targeting finance, defense technology, and AI, filed on Friday with the SEC to raise up to $220 million in an initial public offering.
The company plans to raise $220 million by offering 22 million units at $10. Each unit contains one share of common stock and one-half of one warrant exercisable at $11.50.
Collective Acquisition II is led by CEO and Director Daniel Hoffman, a former Managing Director at Cerberus Capital Management and the Royal Bank of Canada. He is joined by Chairman and CFO Samuel Sayegh, who is a co-founder of UNCAP Investment Management and a partner at Collective Capital Management. The SPAC intends to target businesses that provide products or services impacting the sovereignty, security, self-sufficiency, or other national interests of the United States and/or its allies, including in the financial, strategic resources, defense technology, or artificial intelligence sectors.
Management’s previous SPACs include Inflection Point Acquisition II, which went public in 2023 and completed its combination with rare earth miner USA Rare Earth （USAR; +54%） in 2024, and Inflection Point Acquisition III （IPCX; +2%）， which went public in 2025 and is currently pending a combination with atmospheric water generation machine developer Air Water Ventures.
The Miami, FL-based company was founded in 2026. It plans to list on the Nasdaq under the symbol CAIIU. Clear Street is the sole bookrunner on the deal.
About the Company
We are a blank check company incorporated on February 9, 2026 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. Although we may pursue an initial business combination in any industry, sector or geographic region, we intend to focus our search initially on businesses that provide products or services impacting the sovereignty, security, self-sufficiency, or other national interests of the United States and/or its allies, including in the financial, strategic resources, defense technology, or artificial intelligence sectors. We believe that the experience and capabilities of our management team will make us an attractive partner to potential target businesses, enhance our ability to complete a successful business combination, and bring value to the business post-business combination. Our team has broad sector knowledge though their collective involvement across a variety of industries, as well as extensive global capital markets experience, with local and cross-border capabilities allowing access to different sectors of the capital markets.
