Plutonian Acquisition Corp II reports consummation of its IPO on April 29, 2026, raising $100 million in gross proceeds from 10 million public units and $2.1 million from private placement, with $100.5 million held in trust.
Key takeaways
IPO closed April 29, 2026, with 10,000,000 units sold at $10.00 each for $100,000,000 gross proceeds.
Private placement of 210,000 units to Plutonian Capital II LLC generated $2,100,000 at $10.00 per unit.
$100,500,000 deposited in Trust Account at $10.05 per public unit.
Audited balance sheet as of April 29, 2026, shows total assets of $101,071,686, including $100.5M in trust.
Auditor raises substantial doubt on going concern due to insufficient capital for operations beyond one year.