Artius II Acquisition Inc. closes $220M IPO, trust funded, auditor flags going concern

Artius II Acquisition Inc.

IPO of 22M units at $10/unit, gross $220M; overallotment partially exercised for 2M units.
Private placement of 175K units to sponsor at $10/unit, gross $1.75M; $220M placed in trust.
Sponsor surrendered 250K Class B shares for no consideration due to over-allotment exercise.
Audit report includes going concern uncertainty due to insufficient working capital for one year.
Trust funds held in cash at JPMorgan Chase; trustee is Continental Stock Transfer & Trust.

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