Ogier advises on $149,500,000 ARYA Sciences Acquisition Corp II SPAC

Ogier's Cayman Islands team has advised ARYA Sciences Acquisition Corp II on its initial public offering of 14,950,000 units at $10.00 per unit, which included the exercise in full of the underwriters' over-allotment option to purchase up to 1,950,000 units. The sponsor of the IPO is ARYA Sciences Holdings II, which is controlled by the principals of Perceptive Advisors, LLC. The units are listed on The Nasdaq Capital Market.

ARYA Sciences Acquisition Corp II is a newly organised blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganisation or similar business combination with one or more businesses or entities, focusing on the healthcare or healthcare related industries.

Ogier's team was led by partner Angus Davison.

Angus said: "We are delighted to have been able to assist ARYA and Perceptive with the successful closing of its initial public offering, working alongside Kirkland & Ellis LLP as US counsel to the issuer. This transaction provides another highlight in a busy year for Ogier Cayman's capital markets practice."