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5,800,000 Public Shares, committed against redemption across two tranches of non-redemption agreements, are the mechanism Andretti Acquisition Corp.
II (Nasdaq: POLE) and its sponsor, Andretti Sponsor II LLC, are deploying to preserve trust account funds ahead of a September 8, 2026 shareholder vote.
The per-unit economics are identical across both tranches: one projected Pubco share for every four Public Shares withheld from redemption, before any late-close add-on.
Terms across tranches The earlier agreements, executed August 28 and August 31, 2026, committed 3,600,000 Public Shares in exchange for up to 900,000 ordinary shares of the post-combination entity (Pubco) on an early close, plus 300,000 additional Pubco shares if the initial business combination settles after June 9, 2027.
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