secwatch.observer — SEC 8-K summary
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Issuer:     Andretti Acquisition Corp. II (POLE)
CIK:        0002025341
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001213900-24-078643
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025341/000121390024078643/0001213900-24-078643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025341/000121390024078643/ea0214451-8k_andretti2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-078643

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