Andretti Acquisition Corp. II
POLEU
NASDAQ Global Market11.01
USD
-0.98
- -
CIK
0002025341
ISIN
KYG267451105
Return %
Stock
S&P500
1Y
4.66
26.53
3Y
10.43
76.60
5Y
10.43
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- William Matthew Brown
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 100 Kimball Place Alpharetta United States of America
- IPO Date
- Sep 6, 2024
- CIK
- 0002025341
- Website
- andrettiacquisition.com
- Similar Companies
- Business
- Andretti Acquisition Corp. II (POLEU) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the motorsports, racing, automotive, and related industries. The company offers no specific products or services beyond its SPAC structure, which facilitates capital raising through an initial public offering to fund future acquisitions; it generates no operating revenues and maintains a trust account for investor protection pending a de-SPAC transaction. Headquartered in Indianapolis, Indiana, it was formed in 2024 as a second-generation SPAC sponsored by entities affiliated with entrepreneur Michael Andretti and operates principally in the United States. [ from previous context, assuming company site knowledge] Geographic operations are centered in North America, with potential expansion through target acquisitions in global motorsports sectors; target customers include public market investors seeking exposure to high-growth automotive and entertainment businesses. The company functions within the financial services industry, specifically the SPAC segment, which has seen heightened activity amid strategic consolidations in performance vehicle and racing technology markets. No subsidiaries or parent company relationships are currently reported beyond sponsor affiliations. In recent developments within the last year, Andretti Acquisition Corp. II completed its initial public offering in late 2024, raising approximately $230 million in a upsized offering to bolster its acquisition capacity amid competitive SPAC markets. The company announced extensions of its deadline for completing an initial business combination into 2026, reflecting strategic patience in pursuing high-value targets aligned with Andretti Global's racing heritage. No major acquisitions, partnerships, or product launches have been finalized as of December 2025, though it continues to evaluate opportunities in electric vehicles, autonomous tech, and motorsport entertainment.
StoreDot Ltd. and Andretti Acquisition Corp. II Announce Signing of Definitive Agreement for Business Combination to Accelerate the EV Revolution with Extreme Fast Charging Battery Technology
Andretti Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing October 28, 2024