Alussa Energy Acquisition Corp. II closes $287.5M IPO and $2.5M private placement

Alussa Energy Acquisition Corp. II

IPO of 28,750,000 units at $10.00/unit generates $287.5M gross proceeds; includes full over-allotment exercise.
Private placement of 2,500,000 warrants at $1.00/warrant to sponsor raises $2.5M; warrants identical except no redemption and 30-day lock.
Total $287.5M deposited in trust account; SPAC has 24 months from IPO to complete business combination.
Audited balance sheet as of Nov 14, 2025 shows $1.37M cash, $1.2M working capital, and $17.2M accumulated deficit.
No Founder Shares forfeited due to full over-allotment exercise; management has broad discretion over trust proceeds.

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