BOA Acquisition Corp. II announced that holders of its initial public offering units may elect to separately trade the underlying Class A ordinary shares and rights commencing August 14, 2026. Separated securities will trade on Nasdaq under symbols THEO and THEOR, while unsplitted units continue as THEOU. This is a standard administrative procedure for SPACs following an effective registration statement and does not involve financial transactions or governance changes. The company operates in the special purpose acquisition company industry, focusing on direct investments in real estate and infrastructure assets within the energy, telecommunications, and transportation sectors.

BOA Acquisition Corp. II completed its initial public offering on August 5, 2026, selling 14,375,000 units at $10.00 per unit to raise $143,750,000 in gross proceeds. Each unit comprises one Class A ordinary share and one right to receive an additional share upon a business combination. Simultaneously, the company sold 221,500 private placement units for $2,215,000. Total net proceeds of $143,750,000 were deposited into a trust account with Odyssey Transfer and Trust Company. The company has one year to complete an initial business combination or face liquidation. BOA Acquisition Corp. II is a blank check company focused on acquiring businesses in real estate, infrastructure, energy, telecommunications, and transportation.