POLE

Andretti Acquisition Corp. II (POLE) is a special purpose acquisition company (SPAC) formed in 2021 to identify and merge with a business in the motorsports, racing, automotive, and mobility sectors. The company is sponsored by Andretti Autosport, one of the most successful racing organizations in motorsport history. POLE raised $250 million through its initial public offering in February 2021, trading on the New York Stock Exchange. The SPAC's management team leverages the Andretti organization's extensive industry relationships and operational expertise to source potential merger targets. The company specifically focuses on businesses that can benefit from the Andretti brand, racing technology, and competitive expertise in areas including electric vehicles, autonomous driving, performance automotive parts, racing technology, and mobility services. As a blank check company, POLE does not have operations of its own but exists to facilitate a business combination with an operating company. The SPAC structure allows retail investors to participate in what is essentially a pre-IPO investment once a target is identified. POLE has an 18-month window from its IPO to complete a business combination, with possible extensions. The company is led by Chairman and CEO Michael Andretti, who brings decades of motorsports experience as both a driver and team owner.