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Plutonian Acquisition Corp II is a blank check company incorporated in the Cayman Islands on November 1, 2024, formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company intends to focus on targets in energy storage, telecommunications, and consumer sectors globally, excluding companies audited by PCAOB-uninspected firms for two consecutive years starting 2021 or those using VIE structures for China operations. It plans to target companies with enterprise values between $150 million and $300 million that are cash-generative, at inflection points, and benefit from U.S. public company status. The company is offering 10,000,000 units at $10.00 each, each consisting of one Class A ordinary share and one right to receive one-sixth of one Class A ordinary share upon consummation of an initial business combination, with a 45-day over-allotment option for 1,500,000 additional units. Net proceeds of $100,500,000 ($115,500,000 if over-allotment exercised) will fund the trust account with $100,000,000 ($115,000,000 if exercised) and $500,000 for working capital. The sponsor, Plutonian Capital II LLC, holds 2,875,000 Class B founder shares issued for $25,000 and will purchase 160,000 private units for $1,600,000 concurrently. The company has 18 months to complete a business combination, with public shareholders entitled to redemption rights. As of November 30, 2025, the company had a working capital deficit of $129,538 and no revenues.
Offering Amount
$144.4M
Shares Offered
500,000,000
Shares Offered
10,000,000
Offering Amount
$100,000,000
Price Range
$10.00
Share Type
Units (1 Class A ordinary share + 1 right for 1/6 Class A share)
Exchange
NYSE
Ticker
PLUNU
Use of Proceeds: $100M to trust account, $500K working capital for legal, accounting, due diligence, travel, regulatory reporting, administrative fees, insurance, NYSE fees.
Blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses, focusing on energy storage, telecommunications, and consumer sectors globally.