Metals Acquisition Corp. II (Ticker: MTALU US) is a Cayman Islands company specializing in the natural resources value chain. As a newly organized blank check company, it is structured as a special purpose acquisition vehicle formed to effect a merger, share exchange, asset acquisition, or similar business combination. Metals Acquisition Corp. II plans to list on the NYSE on March 12, 2026, offering 20.0 million units at a price of $10.00 per unit.

The IPO is expected to raise $200.0 million in proceeds. Each unit in the offering consists of one Class A ordinary share and one-third of one redeemable warrant. According to company filings, the target focus for a future business combination is on metals and mining businesses located in high-quality, stable jurisdictions. Cohen & Company Capital Markets is acting as the lead book-running manager for the offering.