Andretti Acquisition Corp. II Files S-1
Ticker: POLEW · Form: S-1 · Filed: Jun 28, 2024 · CIK: 2025341
Sentiment: neutral
Topics: spac, registration-statement, sec-filing
TL;DR
Andretti Acquisition Corp. II just filed an S-1, get ready for some potential action.
AI Summary
Andretti Acquisition Corp. II filed an S-1 registration statement on June 28, 2024, for an unspecified amount of securities. The company, incorporated in the Cayman Islands, has its principal executive offices at 7615 Zionsville Road, Indianapolis, Indiana. William M. Brown serves as the Chief Executive Officer.
Why It Matters
This S-1 filing indicates that Andretti Acquisition Corp. II is preparing to offer securities to the public, which could lead to a future IPO or other capital-raising event.
Risk Assessment
Risk Level: medium — As a Special Purpose Acquisition Company (SPAC), the risk is tied to its ability to find and merge with a suitable target company within its timeframe.
Key Players & Entities
- Andretti Acquisition Corp. II (company) — Registrant
- June 28, 2024 (date) — Filing Date
- Cayman Islands (jurisdiction) — Place of Incorporation
- 7615 Zionsville Road Indianapolis, Indiana 46268 (address) — Principal Executive Offices
- William M. Brown (person) — Chief Executive Officer
FAQ
What is the purpose of this S-1 filing for Andretti Acquisition Corp. II?
The S-1 filing is a registration statement required by the SEC before a company can offer securities to the public, indicating preparations for a potential offering or merger.
When was this S-1 filing submitted?
The S-1 filing was submitted to the SEC on June 28, 2024.
Who is the CEO of Andretti Acquisition Corp. II?
William M. Brown is listed as the Chief Executive Officer of Andretti Acquisition Corp. II.
Where are the principal executive offices of Andretti Acquisition Corp. II located?
The principal executive offices are located at 7615 Zionsville Road, Indianapolis, Indiana 46268.
In which jurisdiction was Andretti Acquisition Corp. II incorporated?
Andretti Acquisition Corp. II was incorporated in the Cayman Islands.
Filing Stats: 3,996 words · 16 min read · ~13 pages · Grade level 19.3 · Accepted 2024-06-28 09:06:53
Key Financial Figures
- $200,000,000 — ED JUNE 28, 2024 $200,000,000 Andretti Acquisition Corp. II
- $10.00 — ies. Each unit has an offering price of $10.00 and consists of one Class A ordi
- $11.50 — s A ordinary share at a price of $11.50 per share, subject to adjustment as des
- $6,500,000 — nit (for an aggregate purchase price of $6,500,000 (or up to $7,100,000 if the underwriter
- $7,100,000 — purchase price of $6,500,000 (or up to $7,100,000 if the underwriters’ over -allot
- $3,000,000 — nt units at a price of $10.00 per unit ($3,000,000 in the aggregate) in a private placemen
- $100,000 — d thereon (less taxes payable and up to $100,000 of interest income to pay dissolution e
- $0.20 — x00a0;    Includes $0.20 per unit (including any units sold purs
- $4,000,000 — ption to purchase additional units), or $4,000,000 in the aggregate (or up to $4,600,000 i
- $4,600,000 — r $4,000,000 in the aggregate (or up to $4,600,000 if the underwriters’ over -allot
- $0.40 — closing of this offering. Also includes $0.40 per unit on all units sold including th
- $8,000,000 — option to purchase additional units, or $8,000,000 in the aggregate (or up to $9,200,000 i
- $9,200,000 — r $8,000,000 in the aggregate (or up to $9,200,000 in the aggregate if the underwriters&#x
- $200.0 — ent units described in this prospectus, $200.0 million, or $230.0 millio
- $230.0 — s prospectus, $200.0 million, or $230.0 million if the underwriters 
Filing Documents
- ea0208202-01.htm (S-1) — 3326KB
- ea020820201ex4-4_andretti2.htm (EX-4.4) — 161KB
- ea020820201ex10-7_andretti2.htm (EX-10.7) — 22KB
- ea020820201ex10-8_andretti2.htm (EX-10.8) — 52KB
- ea020820201ex23-1_andretti2.htm (EX-23.1) — 2KB
- ea020820201ex99-3_andretti2.htm (EX-99.3) — 3KB
- ea020820201ex99-4_andretti2.htm (EX-99.4) — 3KB
- ea020820201ex99-5_andretti2.htm (EX-99.5) — 3KB
- ea020820201ex99-6_andretti2.htm (EX-99.6) — 3KB
- ea020820201ex99-7_andretti2.htm (EX-99.7) — 3KB
- ea020820201ex-fee_andretti2.htm (EX-FILING FEES) — 95KB
- 0001213900-24-056885.txt ( ) — 3672KB
Risk Factors
Risk Factors   42 Cautionary Note Regarding Forward-Looking Statements   89
Use of Proceeds
Use of Proceeds   90 Dividend Policy   93
Dilution
Dilution   94 Capitalization   96 Management’s Discussion and Analysis of Financial Condition and Results of Operations   97 Proposed Business   102 Effecting our Initial Business Combination   112 Management   133 Principal Shareholders   145 Certain Relationships and Related Party Transactions   150
Description of Securities
Description of Securities   153 Taxation   174
Underwriting
Underwriting   185 Legal Matters   195 Experts   195 Where You Can Find Additional Information   195 Index to Financial Statements   F-1 We are responsible for the information contained in this prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information that is different from or inconsistent with that contained in this prospectus. We are not, and the underwriters are not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. Trademarks This prospectus contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies’ trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies. i Table of Contents SUMMARY This summary only highlights the more detailed information appearing elsewhere in this prospectus. As this is a summary, it does not contain all of the information that you should consider in making an investment decision. You should read this entire prospectus carefully, including the information under “Risk Factors” and our financial statements and the related notes included elsewhere in this prospectus, before investing. Unless otherwise stated in this prospectus or the context otherwise requires, references to: •