BBCQ entered into an amended and restated advisory services agreement with MJP Advisory Group LLC on August 19, 2026.
The agreement covers CEO and COO services by Marcello Padula until the earlier of an initial business combination or liquidation.
MJP receives a $18,000 monthly fee, a $1,850,000 closing fee at business combination, or a $600,000 liquidation fee if the company liquidates.
All fees are payable in addition to prior monthly amounts and may not be drawn from the trust account.
Termination without cause requires board majority approval and triggers continued monthly fees for up to six months or until combination, whichever is shorter.
The agreement supersedes the November 24, 2025 original and references the February 28, 2026 Pasqal merger agreement.
Pulse Impact
- Previous Pulse: 95
- New Pulse: 95
- Change: Unchanged
- Driver: 8-K did not change the live Pulse reading.
Bleichroeder Acquisition Corp. II Form 8-K (2026-08-21)
Not investment advice. Facts taken from the company’s Form 8-K.