Virgin Group Acquisition Corp. II prices upsized $350m IPO

Virgin Group Acquisition Corp. II has priced its initial public offering (IPO) of 35,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange and trade under the ticker symbol “VGII.U” beginning on March 23, 2021. Each unit consists of one Class A ordinary share and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. The company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or