Andretti Acquisition Corp. II shareholders approved an amendment to extend the business combination deadline from September 9, 2026, to September 9, 2027. Concurrently, holders of 15,776,190 public shares exercised redemption rights at approximately $10.88 per share, resulting in aggregate redemptions of roughly $171.69 million. Following these redemptions, 7,223,810 public shares remain outstanding. The sponsor converted 5,749,999 Class B ordinary shares into Class A ordinary shares to maintain voting alignment and support the extension. Additionally, the company entered into a new non-redemption agreement with an investor committing not to redeem up to 650,000 shares in exchange for potential future equity issuance upon business combination completion. Andretti Acquisition Corp. II is a blank check company organized to effect a merger, share exchange, asset acquisition, or similar business combination.

Andretti Acquisition Corp. II filed an 8-K to disclose the execution of new non-redemption agreements with additional investors on August 31, 2026. These agreements secure commitments not to redeem up to 2,600,000 public shares in exchange for the issuance of up to 650,000 Pubco shares if a business combination closes by June 9, 2027, or an additional 216,667 shares if closed after that date. This follows prior agreements securing non-redemption of 1,000,000 shares. The filings support the company's effort to extend its deadline to consummate a business combination from September 9, 2026, to September 9, 2027. Andretti Acquisition Corp. II is a blank check company focused on completing an initial business combination.

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.