300,000 Public Shares in Andretti Acquisition Corp. II (Nasdaq: POLE) are bound by new non-redemption agreements signed September 4, 2026, lifting the total restricted share count to 6,548,959. The per-unit ratio holds at exactly 25 percent across every tranche: one projected Pubco ordinary share for every four non-redeemed shares, whether measured at the new increment (75,000 / 300,000) or the prior cumulative (1,562,240 / 6,248,959).
The full tally
The prior tranche spans five signing dates from August 28 to September 3, 2026, covering 6,248,959 non-redeemed shares in exchange for up to 1,562,240 projected Pubco shares at a close on or before June 9, 2027, plus up to 520,747 additional projected Pubco shares for any close after that date. The September 4 addition is structurally identical: 300,000 non-redeemed shares, 75,000 projected primary Pubco shares, 25,000 projected additional Pubco shares. The additional column is one-third of the primary allotment in both tranches. 520,747 is one-third of 1,562,240, and 25,000 is one-third of 75,000.
| Tranche | Non-redeemed shares (reported) | Pubco shares, close by June 9, 2027 (projected, up to) | Pubco shares, close after June 9, 2027 (projected, up to) |
|---|---|---|---|
| Prior agreements (Aug 28 to Sep 3, 2026) | 6,248,959 | 1,562,240 | 520,747 |
| New agreement (Sep 4, 2026) | 300,000 | 75,000 | 25,000 |
| Combined | 6,548,959 | 1,637,240 | 545,747 |
Andretti Sponsor II LLC, the company's sponsor, is a party to all the agreements. The September 4 filing states the company and Sponsor may enter additional, similar non-redemption agreements before the Special Meeting concludes.
The extension vote
The agreements are structured around a shareholder vote scheduled September 8, 2026 at 10:00 a.m. Eastern Time. The resolution would push the deadline for completing an initial business combination from September 9, 2026 to September 9, 2027. That meeting was originally convened August 28, adjourned without any business conducted, and rescheduled to allow additional time for redemptions and reversals of redemptions. Per the filing, the non-redemption agreements are expected to increase the amount of funds remaining in the company's trust account after the vote, but are not expected to improve the probability of the extension itself passing.
Andretti Acquisition Corp. II is incorporated in the Cayman Islands and lists on Nasdaq alongside its units (POLEU) and redeemable warrants (POLEW). Each whole warrant is exercisable for one Class A ordinary share at $11.50 per share.