POLEW

Andretti Acquisition Corp. II operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2021 by racing legend Michael Andretti and is affiliated with Andretti Autosport, one of the most successful teams in motorsports history. POLEW represents the company's warrants, which entitle holders to purchase common stock at a predetermined price following a successful business combination. The SPAC raised capital through its initial public offering with the intention of identifying and merging with a target company, typically within 18-24 months of its IPO date. Andretti Acquisition Corp. II focuses on identifying businesses that can benefit from the Andretti brand's global recognition, operational expertise, and extensive network in the sports, entertainment, media, and lifestyle sectors. As a blank-check company, it maintains no independent operations or revenue-generating activities prior to completing a business combination. The management team leverages decades of experience in building and scaling businesses across multiple industries. The warrant structure provides investors with additional upside potential should the SPAC successfully complete a merger and the combined entity's stock price appreciates above the warrant's exercise price.