secwatch.observer — SEC 8-K summary
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Issuer:     Andretti Acquisition Corp. II (POLE)
CIK:        0002025341
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001213900-25-099137
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andretti Acquisition Corp. II issues $1.5M in promissory notes to insiders for working capital
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- Three notes to William Sandbrook ($720K), Michael Andretti ($300K), William Brown ($480K).
- Notes bear no interest, due upon business combination or liquidation.
- Conversion option at $10/unit into units (one share + half warrant) at business combination.
- Payees waive any claim against trust account; repayment from trust prohibited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025341/000121390025099137/0001213900-25-099137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025341/000121390025099137/ea0261307-8k_andretti2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-099137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer