TMT-focused SPAC Spartacus Acquisition II files for a $200 million IPO
February 11, 2026 News
SPAC Spartacus Acquisition II prices $200 million IPO, targeting the TMT industry
Spartacus Acquisition II, a blank check company targeting the TMT industries, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of one warrant, exercisable at $11.50.
IPO Overview
Spartacus Acquisition II, a blank check company targeting the TMT industries, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of one warrant, exercisable at $11.50.
The company is led by CEO and Chairman Peter Aquino, the founder and Partner of Mercury Access Group, former Chairman of SeaChange International, and former CEO of Internap, and CFO Igor Volshteyn, who serves as CEO of CCUR Holdings, Symbolic Logic, and Tiber Ventures. The SPAC plans on leveraging its management team’s experience to target the telecommunications, media, and technology （TMT） industry.
Management’s previous, SPAC Spartacus Acquisition, merged with GPS technology provider NextNav （Nasdaq: NN; +72% from $10 offer price） in October 2021.
The Austin, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol TMTSU. BTIG is the sole bookrunner on the deal.
About the Company
We are a newly organized blank check company 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 or entities, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we intend to focus our search on companies within the telecommunications, media and technology （“TMT”） sectors, including digital infrastructure and satellite services. Our management team and board of directors have had success sourcing, acquiring, expanding and monetizing these types of companies. We believe this experience makes us well suited to identify, negotiate and successfully execute an initial business combination with the ultimate goal of generating attractive returns for our shareholders. We intend to seek candidates with an enterprise value of approximately $1 billion to $3 billion. We intend to focus on companies that are advanced in their business planning and execution towards products and services of the future. We intend to focus on high-growth potential targets that leverage existing stable businesses to unlock significant future value.