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.
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