Plutonian Acquisition Corp II completes $100M IPO and $2.1M private placement; auditor flags going concern doubt

Plutonian Acquisition Corp. II

IPO of 10,000,000 units at $10.00/unit generated gross proceeds of $100,000,000.
Private placement of 210,000 units to Sponsor Plutonian Capital II LLC generated $2,100,000.
Trust account holds $100,500,000 ($10.05 per unit) from IPO and private placement proceeds.
Auditor's report includes going concern paragraph; company lacks capital to fund operations for one year, must complete business combination by April 29, 2027.
As of April 29, 2026, company had $566,686 cash outside trust (incl. $559,039 funded by Sponsor on April 30) and working capital of $401,071.

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