Defendant Name: Northern Star Investment Corp. II

Defendant Type: Public Company
SIC Code: 6799
CUSIP: 66573W10

Initial Case Details

Legal Case Name In the Matter of Northern Star Investment Corp. II
First Document Date 25-Jan-2024
Initial Filing Format Administrative Action
File Number 3-21838
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Securities Act
• Sec 17(a)(2)

Resolutions

First Resolution Date 25-Jan-2024
Headline Total Penalty and Disgorgement $1,500,000

Related Documents:

33-11266 25-Jan-2024 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order
On January 25, 2024, the SEC instituted settled cease-and-desist proceedings against Northern Star Investment Corp. II, stating: "This matter concerns disclosures by Northern Star Investment Corp. II, a special purpose acquisition company ("SPAC"), regarding its activities prior to its initial public offering ("IPO")."
2024-10 25-Jan-2024 Press Release--Administrative Proceeding
SEC Charges Northern Star SPAC for Material Misrepresentations in its IPO-Related Disclosures
On January 25, 2024, the SEC "announced that Northern Star Investment Corp. II, a special purpose acquisition company (SPAC), agreed to settle charges that it made misleading statements in forms filed with the SEC as part of its January 2021 initial public offering (IPO)."