Silver Spike Acquisition Corp II
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A special purpose acquisition company, or SPAC — a blank-check firm that raises money to merge with a private business and take it public. Formed in 2020 by Silver Spike Capital, it was created to find a partner in the cannabis and alternative health and wellness industries, but its planned merger with psychedelics firm Eleusis fell through and the company liquidated. Its name nods to the ceremonial silver spike driven to complete America's first transcontinental railroad.
Redeemable warrant, each warrant exercisable for one Class A ordinary share at 1.50, expiring February 26, 2026