By Kelly Cloonan

Plutonian Acquisition Corp II has filed for an initial public offering.

The special purpose acquisition company said it will sell 10 million units at $10 apiece, according to a filing with the Securities and Exchange Commission on Tuesday.

The company has also granted underwriters a 45-day option to purchase up to an additional 1.5 million units to cover over-allotments. Alliance Global Partners is listed as the offering's underwriter.

The company additionally said that a sponsor has committed to purchase 160,000 private placement units at $10 per unit for an aggregate price of about $1.6 million. If the underwriters' over-allotment option is exercised in full, the sponsor could purchase roughly 168,100 private placement units for an aggregate price of about $1.7 million.

The private placement is expected to close simultaneously with the closing of the IPO.

The company said it will receive gross proceeds of about $101.6 million from the offering, or about $116.7 million if the over-allotment option is exercised. Both figures include proceeds from the private placement.

The company intends to apply to have its units listed on the New York Stock Exchange under the ticker PLUNU. Once the securities comprising the units begin separate trading, the ordinary shares and rights will be traded on the NYSE under the symbols PLUN and PLUNR, respectively, the company said.

The Cayman Islands blank-check company plans to acquire businesses in the energy storage, telecommunications and consumer sectors.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

February 17, 2026 17:53 ET (22:53 GMT)

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