Artius II Acquisition closes $220M IPO including over-allotment; tontine structure included

Artius II Acquisition Inc.

Priced 22M units at $10.00 each, yielding $220M gross proceeds; over-allotment partially exercised for 2M units.
Each unit consists of one Class A share, one right (1/10 share), and one contingent right for 1M distributable shares (tontine).
Sponsor surrendered 250K Class B shares for no consideration; private placement of 175K units to sponsor raised $1.75M.
Net $220M placed in trust account; funds released only upon business combination, redemption, or charter amendment.
Units (AACBU) began trading Feb. 13, 2025; separately, shares (AACB) and rights (AACBR) will list.

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