Plutonian Acquisition Corp II closes partial over-allotment and private placement; trust now $108M

Plutonian Acquisition Corp. II

Underwriters' partial exercise of over-allotment for 750,000 units at $10 each, generating $7.5M gross proceeds on May 5, 2026.
Simultaneously closed private placement of 7,800 Private Placement Units to sponsor at $10/unit, raising $78,000.
Total trust proceeds of $108,037,500 ($10.05 per unit) placed with Continental Stock Transfer & Trust.
Side letter on May 4, 2026 waived remaining 750,000 over-allotment units; 187,500 Class B ordinary shares forfeited.
Pro forma balance sheet reflects $108.1M in trust, $534k shareholders' equity, and $38k total liabilities.

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