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Andretti Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing October 28, 2024

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Andretti Acquisition Corp. II (Nasdaq: POLEU) has announced that starting October 28, 2024, investors can separately trade its Class A ordinary shares and warrants, which were previously combined in units. The separated Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols 'POLE' and 'POLEW' respectively, while unseparated units will continue trading as 'POLEU'. Only whole warrants will be tradeable, with no fractional warrants being issued. BTIG, served as the sole book-running manager for this offering.

Andretti Acquisition Corp. II (Nasdaq: POLEU) ha annunciato che a partire dal 28 ottobre 2024, gli investitori potranno scambiare separatamente le sue azioni ordinarie di Classe A e i warrant, che precedentemente erano combinati in unità. Le azioni ordinarie di Classe A e i warrant separati saranno scambiati sul Nasdaq Global Market con i simboli 'POLE' e 'POLEW' rispettivamente, mentre le unità non separate continueranno a essere scambiate come 'POLEU'. Solo i warrant interi saranno negoziabili, senza emissione di warrant frazionari. BTIG, ha svolto il ruolo di unico book-running manager per questa offerta.

Andretti Acquisition Corp. II (Nasdaq: POLEU) ha anunciado que a partir del 28 de octubre de 2024, los inversores podrán negociar por separado sus acciones ordinarias de Clase A y warrants, que anteriormente estaban combinados en unidades. Las acciones ordinarias de Clase A y los warrants separados se negociarán en el Nasdaq Global Market bajo los símbolos 'POLE' y 'POLEW' respectivamente, mientras que las unidades no separadas continuarán negociándose como 'POLEU'. Solo se podrán negociar warrants enteros, sin emisión de warrants fraccionarios. BTIG, fue el único manager principal de esta oferta.

Andretti Acquisition Corp. II (Nasdaq: POLEU)는 2024년 10월 28일부터 투자자들이 클래스 A 보통주와 워런트를 별도로 거래할 수 있다고 발표했습니다. 이전에는 유닛으로 결합되어 있었던 것입니다. 분리된 클래스 A 보통주와 워런트는 각각 'POLE''POLEW' 기호로 Nasdaq 글로벌 시장에서 거래될 것이며, 분리되지 않은 유닛은 계속해서 'POLEU'로 거래됩니다. 전체 워런트만 거래 가능하며, 분수 워런트는 발행되지 않습니다. BTIG, 이 제안의 유일한 북러닝 매니저로 활동했습니다.

Andretti Acquisition Corp. II (Nasdaq: POLEU) a annoncé qu'à partir du 28 octobre 2024, les investisseurs pourront négocier séparément ses actions ordinaires de Classe A et ses warrants, qui étaient auparavant combinés en unités. Les actions ordinaires de Classe A et les warrants séparés seront négociés sur le Nasdaq Global Market sous les symboles 'POLE' et 'POLEW' respectivement, tandis que les unités non séparées continueront à être négociées sous 'POLEU'. Seuls les warrants entiers seront négociables, aucun warrant fractionné ne sera émis. BTIG, a été l'unique gestionnaire du livre pour cette offre.

Andretti Acquisition Corp. II (Nasdaq: POLEU) hat angekündigt, dass ab dem 28. Oktober 2024 Investoren ihre Class-A-Stammaktien und Warrants separat handeln können, die zuvor in Einheiten kombiniert waren. Die separaten Class-A-Stammaktien und Warrants werden unter den Symbolen 'POLE' und 'POLEW' an der Nasdaq Global Market gehandelt, während die ungeteilten Einheiten weiterhin unter 'POLEU' gehandelt werden. Nur ganze Warrants werden handelbar sein, da keine fraktionalen Warrants ausgegeben werden. BTIG, fungierte als alleiniger Buchführungsmanager für dieses Angebot.

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New York, NY, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Andretti Acquisition Corp. II (Nasdaq: POLEU) (the “Company”) announced today that, commencing October 28, 2024, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “POLE” and “POLEW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “POLEU.”

BTIG, LLC acted as sole book-running manager for the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Andretti Acquisition Corp. II

Andretti Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution but is focused on acquiring a compelling asset with a skilled management team that is ready to grow. 

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:

Andretti Acquisition Corp. II

ir@andrettiacquisition.com


FAQ

When will Andretti Acquisition Corp. II (POLEU) begin separate trading of shares and warrants?

Andretti Acquisition Corp. II will begin separate trading of its Class A ordinary shares and warrants on October 28, 2024.

What are the new trading symbols for Andretti Acquisition Corp. II's separated securities?

The Class A ordinary shares will trade under 'POLE' and warrants under 'POLEW' on the Nasdaq Global Market.

Will Andretti Acquisition Corp. II (POLEU) issue fractional warrants?

No, Andretti Acquisition Corp. II will not issue fractional warrants, and only whole warrants will be traded.

Which firm managed the initial public offering for Andretti Acquisition Corp. II (POLEU)?

BTIG, acted as the sole book-running manager for the offering.

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