Jena Acquisition Corporation II Announces Pricing of $200 Million Initial Public Offering

Group 1 - Jena Acquisition Corporation II priced its initial public offering (IPO) of 20,000,000 units at $10.00 per unit, with trading set to begin on the NYSE under the ticker symbol "JENA.U" on May 29, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-twentieth of a Class A ordinary share upon the completion of a business combination [1] - The offering includes a 45-day option for the underwriter, Santander, to purchase an additional 3,000,000 units to cover over-allotments [2] Group 2 - A registration statement for the securities became effective on May 28, 2025, and the offering is expected to close on May 30, 2025, subject to customary closing conditions [3] - Jena Acquisition Corporation II is a blank check company formed to effect a merger or similar business combination, focusing on leveraging the expertise of its management team [4] - The company intends to identify a target business that can benefit from the historical expertise of its co-founders, William P. Foley, II and Richard N. Massey [4]