Mergers & Acquisitions ·
Bleichroeder Acquisition Corp. II entered into Amendment No. 3 to its Business Combination Agreement with Pasqal…
BBCQBleichroeder Acquisition Corp. II
Bleichroeder Acquisition Corp. II entered into Amendment No. 3 to its Business Combination Agreement with Pasqal Holding SAS on July 22, 2026. This amendment revises the terms of the equity incentive plan (LTIP) to be adopted by the surviving corporation following the merger. The revised LTIP will allow for awards in the form of founder’s warrants or free shares, totaling up to 10% of the aggregate number of the surviving corporation's shares issued and outstanding on a fully-diluted and as-converted basis. The parties will negotiate additional performance-based vesting criteria for new award recipients. Bleichroeder Acquisition Corp. II is a special purpose acquisition company (SPAC).