NEW YORK (March 26, 2026)—Perkins Coie is pleased to have advised Metals Acquisition Corp. II, a special purpose acquisition company, on its $230 million initial public offering of 23 million units priced at $10 per unit.
Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. The units are listed on the New York Stock Exchange (NYSE) under the ticker symbol MTAL.U.
Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols MTAL and MTAL WS, respectively.
The company was 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. While the company may pursue an initial business combination in any industry, sector, or geographic region, it intends to target opportunities across the natural resources value chain, with a particular focus on metals and mining businesses in high quality, stable jurisdictions.
The Perkins Coie advisory team included Partner Elliott Smith, Counsels Sarah Ross and Jordan Leon, and Associate Benjamin Dale.
