<a href="https://laohu8.com/S/POLEU">Andretti Acquisition Corp. II</a> Announces $800 Million Merger With StoreDot
Andretti Acquisition Corp. II has entered into an agreement with StoreDot Ltd., an Israeli battery technology company, to combine their businesses. Under the terms of the agreement, StoreDot will merge with a newly formed subsidiary of XFC Battery Ltd. ("Pubco"), becoming a wholly owned subsidiary of Pubco. Immediately following this, Andretti Acquisition Corp. II will also merge with a Pubco subsidiary, resulting in both StoreDot and Andretti Acquisition Corp. II becoming wholly owned subsidiaries of Pubco. As a result, Pubco is expected to become a publicly traded company with its ordinary shares and public warrants listed on Nasdaq, subject to approval and meeting listing requirements. StoreDot shareholders will receive a pro rata share of the merger consideration, and existing options and warrants will be adjusted and assumed by Pubco.
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