Mergers & Acquisitions ·
Andretti Acquisition Corp. II adjourned its Special Meeting to September 8, 2026, extending the deadline for…
POLEAndretti Acquisition Corp. II
Andretti Acquisition Corp. II adjourned its Special Meeting to September 8, 2026, extending the deadline for redemptions and shareholder votes on an amendment to extend the business combination date from September 9, 2026, to September 9, 2027. The company entered into non-redemption agreements with third-party investors who agreed not to redeem up to 1,000,000 public shares in exchange for receiving up to 250,000 Pubco shares if a business combination closes by June 9, 2027, or 83,333 shares if closed thereafter. Additionally, the Sponsor intends to convert 5,749,999 Class B ordinary shares into Class A ordinary shares upon approval of the extension proposal. Andretti Acquisition Corp. II is a blank check company organized to effect a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses.