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Andretti Acquisition II ups sponsor promissory notes to $4.38 million

PUBT·04/27/2026 20:13:23
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Andretti Acquisition II ups sponsor promissory notes to $4.38 million
  • Andretti Acquisition Corp. II amended and restated three unsecured promissory notes on April 27, 2026, lifting aggregate principal to $4.38 million.
  • Revised notes are non-interest bearing, with maturity tied to completion of initial business combination or liquidation.
  • Payees may convert up to $1.5 million of outstanding principal into units at $10 per unit at business combination, subject to conditions.
  • Proceeds may be drawn over time before maturity for working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Andretti Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-048016), on April 27, 2026, and is solely responsible for the information contained therein.