Andretti Acquisition Corp. II (Ticker: POLEU) is a blank check company incorporated in the Cayman Islands. It is the second SPAC affiliated with retired racecar driver Michael Andretti, with his father Mario Andretti serving as an advisor. The company has not yet selected a target for its initial business combination and may pursue opportunities in any industry.
Andretti Acquisition Corp. II will list on September 6, 2024, on NASDAQ. The firm is offering 20.0 million units at a price of $10.00 per unit. The expected market capitalization at the time of the offer is $256.5 million, with a total offer size of $200 million. The offering is managed by BTIG. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant.