0001477932-26-002951
SEC filingPlutonian Acquisition Corp II completed the partial exercise of its IPO over-allotment option on May 5, 2026, raising $7.5 million from 750,000 additional units and $78,000 from a concurrent private placement, with $108.0375 million placed in trust at $10.05 per unit.
This filing reports the partial exercise of the underwriters’ over-allotment option and a related private placement, both occurring after the April 29, 2026 IPO. The $7.5 million from 750,000 Option Units and $78,000 from 7,800 Private Placement Units were added to the trust account, increasing the total trust balance to $108,037,500 — calculated at $10.05 per unit, reflecting accrued interest and sponsor contributions. The pro forma balance sheet (Exhibit 99.1) details accounting adjustments, including reclassifications of deferred offering costs, interest income, and over-allotment liability reversal. Critically, the May 4 Side Letter Agreement waived the remaining 750,000 over-allotment units, confirming no further dilution or Class B share forfeiture would occur. While not an earnings or acquisition event, this financing activity materially affects the company’s capital structure, trust account size, and path toward a business combination — key considerations for investors assessing SPAC viability and timeline discipline.