Andretti Acquisition Corp. II completes IPO of 23M units, raises $230M gross

Andretti Acquisition Corp. II

IPO of 23,000,000 units at $10.00/unit including full over-allotment; gross proceeds $230,000,000.
Private placement of 760,000 units at $10.00/unit to sponsor (450K) and BTIG (310K); gross proceeds $7,600,000.
$231,150,000 ($10.05/unit) deposited in trust account; held until business combination or liquidation.
Transaction costs total $15,014,904: cash underwriting fee $4.6M, deferred fee $9.775M, other costs $639,904.
Company has 24 months from IPO to complete initial business combination; public shares redeemable.

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