secwatch.observer — SEC 8-K summary
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Issuer:     Andretti Acquisition Corp. II (POLE)
CIK:        0002025341
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001213900-26-048016
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andretti Acquisition Corp. II amends promissory notes to $4.375M total for working capital
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- Original promissory notes aggregated $1.5M; amended to $4.375M total.
- Notes are unsecured, bear no interest, due at business combination or liquidation.
- Up to $1.5M of principal may be converted into units at $10.00 per unit upon business combination.
- Proceeds used for working capital; notes issued to three insiders (Sandbrook, Andretti, Brown).
- Conversion units consist of one Class A share and one-half warrant, identical to private placement units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025341/000121390026048016/0001213900-26-048016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025341/000121390026048016/ea0287768-8k_andretti2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-048016

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