- CEO
- William Matthew Brown
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 100 Kimball Place, Suite 550 Alpharetta GA United States of America 30009
- IPO Date
- Oct 28, 2024
- Business
- Andretti Acquisition Corp. II (NYSE: POLE) is a blank check company sponsored by entities affiliated with Mario Andretti and his racing legacy, focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the automotive, motorsports, mobility, or related technology sectors. The company offers no current products or services beyond its standard special purpose acquisition company (SPAC) structure, which includes units consisting of Class A ordinary shares and warrants, redeemable warrants exercisable for Class A ordinary shares, and public shares designed to facilitate its acquisition activities; it does not engage in operations until a target business combination is completed. Founded in 2024 and headquartered in Indianapolis, Indiana, the company operates principally in the United States with a focus on North American and global mobility markets, including electric vehicles, autonomous driving technologies, and performance automotive components.
In recent developments, Andretti Acquisition Corp. II announced its initial public offering of 20,000,000 units at $10.00 each in October 2024, raising $200 million before underwriting discounts, with an over-allotment option exercised for additional gross proceeds; the offering fully funded its trust account for pursuing business combinations. The company has no reported acquisitions, partnerships, product launches, or strategic shifts within the last 1-2 years, maintaining its pre-combination status as of December 2025, though it continues to evaluate targets aligned with Andretti Global's motorsports expertise. No subsidiaries or parent company relationships are currently active beyond sponsor affiliations.