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Tortoise Acquisition Corp. II Closes $345M IPO, Including Full Exercise of Underwriters’ Option to Purchase Additional Units

Tortoise Acquisition Corp. II Closes $345M IPO, Including Full Exercise of Underwriters’ Option to Purchase Additional Units Background Decorative Image

Vinson & Elkins advised Tortoise Acquisition Corp. II in connection with its initial public offering (IPO) of 34,500,000 units at a price of $10.00 per unit. This includes the exercise in full by the underwriters of their option to purchase up to an additional 4,500,000 units. The IPO closed on September 15, 2020.

The V&E corporate team was led by partners Brenda Lenahan and Ramey Layne with assistance from senior associate Andrew Schulte and associates Layton Suchma and Elisie Lee. Also advising were partner Jason McIntosh, senior associate Brian Russell and associate Lauren Nieman; and partner David D’Alessandro and senior associate Melissa Spohn.

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