Spartacus Acquisition Corp. II Closes $230M IPO

The SPAC plans to focus on technology, media and telecommunications companies for its initial business combination.

Published on Feb. 12, 2026

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Spartacus Acquisition Corp. II, a blank-check company formed to pursue a merger or acquisition in the technology, media and telecommunications (TMT) sectors, announced the closing of its $230 million initial public offering. The company sold 23 million units at $10 per unit, including 3 million units from the full exercise of the underwriters' overallotment option. The units began trading on the Nasdaq Capital Market under the ticker 'TMTSU'.

Why it matters

The successful IPO of Spartacus Acquisition Corp. II reflects continued investor interest in special purpose acquisition companies (SPACs) as a vehicle to take private companies public. As a TMT-focused SPAC, it will look to capitalize on the robust M&A activity in the technology, media and telecommunications sectors.

The details

Each unit sold in the IPO consists of one Class A ordinary share and one-third of one redeemable warrant. Once the securities begin trading separately, the shares and warrants will list on Nasdaq under the symbols 'TMTS' and 'TMTSW', respectively. The SPAC is led by Chairman Peter D. Aquino, CEO Igor Volshteyn and CFO Mark Szynkowski, along with a board that includes Christopher Downie, David Marshack and Eric Edidin.

  • The units began trading on the Nasdaq Capital Market on Wednesday, February 11, 2026.

The players

Spartacus Acquisition Corp. II

A blank check company formed to pursue a merger or acquisition in the technology, media and telecommunications sectors.

Peter D. Aquino

Chairman of Spartacus Acquisition Corp. II.

Igor Volshteyn

Chief Executive Officer of Spartacus Acquisition Corp. II.

Mark Szynkowski

Chief Financial Officer of Spartacus Acquisition Corp. II.

Christopher Downie

Member of the Board of Directors of Spartacus Acquisition Corp. II.

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What’s next

The company plans to focus its search for an initial business combination on technology, media and telecommunications companies.

The takeaway

Spartacus Acquisition Corp. II's successful $230 million IPO demonstrates the continued investor appetite for SPAC vehicles, particularly those targeting the TMT sector which has seen robust M&A activity in recent years.