Blank-check company Colonnade Acquisition Corp. II, led by White & Case, will merge with payment platform Plastiq, guided by Latham, creating a business with an enterprise value of $480 million, the companies said Thursday.
Plastiq Inc., the B2B payment platform powering the small and midsize business (“SMB”) economy, and Colonnade Acquisition Corp. II (NYSE: CLAA) a publicly traded special purpose acquisition company, today announced that they have entered into a definitive agreement and plan of merger.