Andretti Acquisition Corp. II Amends Underwriting Deal for StoreDot Merger

Reuters
2025/12/24
<a href="https://laohu8.com/S/POLEU">Andretti Acquisition Corp. II</a> Amends Underwriting Deal for StoreDot Merger

Andretti Acquisition Corp. II has entered into an amendment to its underwriting agreement with BTIG, LLC in connection with its proposed business combination with StoreDot Ltd. Under the revised terms, deferred underwriting commissions have been reduced to $8 million. If, upon closing of the transaction, the available cash is at least $70 million, the full amount will be paid in cash. If closing cash is less than $70 million, $2 million will be paid in cash and the remaining $6 million will be settled through the issuance of Class A ordinary shares of the post-combination company. BTIG has also been granted registration rights for these shares and given a right of first refusal for certain future roles related to the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andretti Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-125356), on December 23, 2025, and is solely responsible for the information contained therein.

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