secwatch.observer — SEC 8-K summary
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Issuer:     Andretti Acquisition Corp. II (POLE)
CIK:        0002025341
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001213900-25-125356
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andretti Acquisition Corp. II amends underwriting deal with BTIG for StoreDot business combination
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- Deferred underwriting commissions reduced to $8.0M; payable in cash or cash+shares based on closing cash.
- If Closing Cash >= $70M, pay $8M cash; if less, $2M cash + $6M in Pubco shares valued at $10 or lower.
- BTIG granted registration rights for deferred fee shares and ROFR for placement agent in Transaction Financing.
- BTIG also gets ROFR for underwriting any new SPAC IPO by Andretti sponsors within 12 months of close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025341/000121390025125356/0001213900-25-125356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025341/000121390025125356/ea0270676-8k_andretti2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-125356

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