Vine Hill Capital Investment Corp. II Announces Closing of Upsized $230 Million Initial Public Offering
Vine Hill Capital Investment Corp. II (VHCPU) has completed its initial public offering (IPO) on the Nasdaq Global Market. The company raised funds by selling 23 million units at $10.00 each. Trading under the ticker 'VHCPU' began on December 18, 2025, following regulatory approval the previous day.
The IPO was initially planned for fewer shares but expanded to 23,000,000 units. This included an additional 3,000,000 units issued after underwriters exercised their over-allotment option in full. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with a full warrant allowing the purchase of one share at $11.50.
The US Securities and Exchange Commission (SEC) declared the registration statement effective on December 17, 2025. This cleared the way for the offering’s launch the next day. Stifel, Nicolaus & Company, Incorporated served as the sole book-running manager for the IPO. Legal support came from two firms: Paul Hastings LLP advised Vine Hill Capital Investment Corp. II, while Greenberg Traurig, LLP represented the underwriters. Prospectuses for the offering are available through Stifel, Nicolaus & Company, Incorporated. VHCPU was established as a special purpose acquisition company (SPAC). Its goal is to merge with, acquire, or reorganise one or more businesses in the future.
The IPO’s completion marks a key step for VHCPU as it seeks potential business combinations. With $230 million raised, the company now has capital to pursue mergers or acquisitions. The next phase will involve identifying suitable targets for its investment strategy.
