Mergers & Acquisitions ·
Bleichroeder Acquisition Corp. II entered into Amendment No. 2 to its Business Combination Agreement with Pasqal…
BBCQBleichroeder Acquisition Corp. II
Bleichroeder Acquisition Corp. II entered into Amendment No. 2 to its Business Combination Agreement with Pasqal Holding SAS on June 25, 2026. The amendment modifies the composition of the surviving corporation's board of directors, establishing a nine-member board where five directors will be French or European non-U.S. residents. Additionally, the amendment revises the terms of the long-term incentive plan (LTIP) by removing a provision that would have granted the Pasqal CEO and chairman an additional 1% of the surviving corporation's shares. Bleichroeder Acquisition Corp. II is a special purpose acquisition company (SPAC) seeking to merge with a target company.