Oaktree Acquisition Corp. II Announces Pricing of $225 Million Initial Public Offering

LOS ANGELES--(BUSINESS WIRE)--Oaktree Acquisition Corp. II, (the “Company”), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 22,500,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “OACB.U” beginning September 17, 2020. Each unit consists of one Class A ordinary share of the Company and one-fourth of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the New York Stock Exchange under the symbols “OACB” and “OACB WS,” respectively.