Bleichroeder Acquisition Corp. II Completes $287,500,000 Initial Public Offering

Rhea-AI Summary

Bleichroeder Acquisition Corp. II (NASDAQ: BBCQU) completed its initial public offering of 28,750,000 units (including 3,750,000 units from the underwriters' full over‑allotment) at $10.00 per unit/b), generating in gross proceeds. Units began trading on January 8, 2026 on the Nasdaq Global Market under BBCQU. Each unit comprises one Class A ordinary share and one‑third of a redeemable warrant; each whole warrant permits purchase of one Class A share at $11.50. Proceeds (including the over‑allotment) were placed in the company trust account. The company is a blank‑check vehicle focused on North American and European disruptive growth sectors. Cohen & Company Capital Markets led the offering; SEC declared the registration effective on January 7, 2026.

Positive

• $287.5M in gross proceeds placed in trust
• Underwriters exercised full over‑allotment (3.75M units), expanding the offering
• Units began trading on Nasdaq Jan 8, 2026, providing public market liquidity

Negative

• Blank‑check structure: company has no operating business at IPO
• Warrants convertible at $11.50 may cause share dilution if exercised

News Market Reaction

+0.15%

1 alert

+0.15% News Effect

On the day this news was published, BBCQU gained 0.15%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

IPO gross proceeds: $287,500,000 Units sold: 28,750,000 units Over-allotment units: 3,750,000 units +3 more

6 metrics

IPO gross proceeds $287,500,000 Initial public offering of units

Units sold 28,750,000 units Total units in IPO, including over-allotment

Over-allotment units 3,750,000 units Units from full exercise of over-allotment option

Unit price $10.00 per unit IPO pricing of each unit

Warrant strike price $11.50 per share Exercise price for each whole redeemable warrant

Trust account funding $287,500,000 Proceeds placed in trust account ($10.00 per unit)

Market Reality Check

Price: $10.07 Vol: Volume 1,146,388 vs 20-da...

low vol

$10.07 Last Close

Volume Volume 1,146,388 vs 20-day average 4,396,083 (relative volume 0.26). low

Technical Price at 10.045, trading very close to the 200-day MA level of 10.03.

Market Pulse Summary

This announcement details the completion of a $287,500,000 initial public offering at $10.00 per uni...

Analysis

This announcement details the completion of a $287,500,000 initial public offering at $10.00 per unit, with proceeds placed into a trust and warrants exercisable at $11.50 per share. As a blank check company, future value will hinge on the eventual business combination in targeted disruptive growth sectors. Investors may watch for updates on potential targets, deal structure, and use of trust funds and warrants.

Key Terms

initial public offering, over-allotment option, redeemable warrant, prospectus, +1 more

5 terms

initial public offering financial

"announced today the closing of its initial public offering of 28,750,000 units"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

over-allotment option financial

"includes 3,750,000 units issued pursuant to the exercise in full by the underwriters of their over-allotment option"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

redeemable warrant financial

"one Class A ordinary share and one-third of one redeemable warrant"

A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.

prospectus regulatory

"The offering was made by means of a prospectus."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

registration statement regulatory

"A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

AI-generated analysis. Not financial advice.

01/09/2026 - 04:36 PM

NEW YORK, NY, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Bleichroeder Acquisition Corp. II (the “Company”) announced today the closing of its initial public offering of 28,750,000 units, which includes 3,750,000 units issued pursuant to the exercise in full by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $287,500,000.

The Company’s units began trading on January 8, 2026 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “BBCQU.” Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “BBCQ” and “BBCQW,” respectively.

Of the proceeds received from the consummation of the initial public offering (including the exercise of the over-allotment option) and a simultaneous private placement of warrants, $287,500,000 (or $10.00 per unit sold in the offering) was placed in a trust account of the Company.

The Company is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an acquisition opportunity in any industry, sector or geographic region. The Company’s primary focus, however, will be on North American and European businesses in disruptive growth sectors, which may include companies within sectors that are being transformed via technology adoption. The Company’s management team is led by its Co-Founders, Michel Combes and Andrew Gundlach, Robert Folino, its Chief Financial Officer, and Marcello Padula, its Chief Operating Officer. The Board also includes Kathy Savitt and Antoine Theysset.

Cohen & Company Capital Markets acted as Lead Book-Running Manager and Clear Street acted as Co-Manager for the offering.

The offering was made by means of a prospectus. Copies of the prospectus may be obtained from Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, 3 Columbus Circle, 24^th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com and Clear Street LLC, 4 World Trade Center, 150 Greenwich Street, Floor 45, New York, NY 10007, or by email at ECM@clearstreet.io.

A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 7, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds thereof. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact:

Bleichroeder Acquisition Corp. II
1345 Avenue of the Americas, 47th Floor
New York, NY 10105
Attn: Robert Folino
(o) 212.984.3835
robert.folino@bspac1.com

FAQ

What did Bleichroeder Acquisition Corp. II (NASDAQ: BBCQU) raise in its January 2026 IPO?

The company raised $287,500,000 from an offering of 28,750,000 units priced at $10.00 per unit, including the full over‑allotment.

When did BBCQU start trading and what is the unit composition?

Units began trading on January 8, 2026 on Nasdaq under BBCQU; each unit contains one Class A ordinary share and one‑third of a redeemable warrant.

What are the warrant terms for BBCQU warrants after the IPO?

Each whole warrant allows purchase of one Class A ordinary share at an exercise price of $11.50 per share.

Where were IPO proceeds held for Bleichroeder Acquisition Corp. II?

The $287.5M of proceeds (including over‑allotment) were placed in the company’s trust account.

What is BBCQU's stated acquisition focus after the IPO?

The blank‑check company may pursue targets in any sector but will primarily focus on North American and European disruptive growth sectors.