Union Acquisition Corp. II

Union Acquisition Corp. II is a blank-check company (SPAC) that completed its initial public offering on Oct 18, 2019, listing on Nasdaq Capital Market. It completed its business combination with Procaps Group on Sep 29, 2021; the combined company is Procaps Group, S.A. (PROC). Graubard Miller advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

Procaps Group develops pharmaceutical and nutraceutical solutions, medicines and hospital supplies sold in more than 50 countries. It develops, manufactures and markets over-the-counter and prescription drugs, nutritional supplements and high-potency clinical solutions.

Status

Merger completed

IPO date

Oct 18, 2019

IPO exchange

Nasdaq Capital Market

Target

Procaps Group (Procaps S.A.)

Announced

Mar 31, 2021

Stated deal value

$1.1B

Closed

Sep 29, 2021

Combined company

Procaps Group, S.A. (PROC)

SPAC counsel (IPO)

Graubard Miller and Maples and Calder

Underwriters' counsel (IPO)

Ellenoff Grossman & Schole