On August 28 2026 Andretti Acquisition Corp. II entered Non-Redemption Agreements with unaffiliated holders covering up to an aggregate 1,000,000 Public Shares.
In exchange, Pubco will issue up to an aggregate 250,000 Pubco Shares if the initial business combination closes on or prior to June 9 2027, or 83,333 Pubco Shares if after that date.
The Special Meeting was convened then adjourned to September 8 2026 at 10:00 a.m. ET; redemption deadline extended to 5:00 p.m. ET on September 3 2026.
The Extension Amendment Proposal seeks to move the business combination deadline from September 9 2026 to September 9 2027.
Sponsor intends to convert 5,749,999 Class B ordinary shares into Class A ordinary shares upon shareholder approval of the extension.
Agreements terminate on failure to approve the extension, abandonment of the extension, liquidation, or redemption of the covered shares.
Pulse Impact
- Previous Pulse: 8
- New Pulse: 8
- Change: Unchanged
- Driver: Item 1.01 is a material definitive agreement. Pulse treats the DA as a beat, not the 7.01 deck.
Andretti Acquisition Corp. II Form 8-K (2026-08-28)
Not investment advice. Facts taken from the company’s Form 8-K.