other_material
confidence high
sentiment neutral
materiality 0.35
Pyrophyte Acquisition Corp. II closes partial over-allotment, trust at $200.4M
Pyrophyte Acquisition Corp. II
- Closed sale of 2,541,150 additional units at $10.00/unit for gross proceeds of $25.4M.
- Total trust account now holds $200,411,500 from IPO and over-allotment.
- Sponsor forfeited 30,231 founder shares; holds 7,225,721 founder shares.
- Underwriters partially exercised over-allotment; forfeited remaining 83,850 units.
- UBS Investment Bank and Brookline Capital Markets acted as underwriters.
item 8.01item 9.01