Breeze Acquisition Corp. II (NASDAQ: BREZU) closed its $125,000,000 initial public offering, selling 12,500,000 units at $10.00 per unit. Units began trading May 13, 2026 on the Nasdaq Global Market.
Each unit includes one ordinary share and one right, with shares and rights to trade as BREZ and BREZR.
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Positive
Raised $125,000,000 gross proceeds via IPO of 12,500,000 units at $10.00
Secured Nasdaq Global Market listings for units (BREZU), shares (BREZ) and rights (BREZR)
Structured units with one share plus one right for additional one-fifth share post-combination
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None.
Market Context
This announcement confirms the closing of Breeze Acquisition Corp. II’s IPO, raising $125,000,000 th...
Analysis
This announcement confirms the closing of Breeze Acquisition Corp. II’s IPO, raising $125,000,000 through 12,500,000 units at $10.00 each. The structure—one ordinary share plus a right to receive 1/5 of a share upon an initial business combination—highlights typical SPAC mechanics. Investors may track future filings and deal announcements following the SEC effectiveness on May 12, 2026, as well as how the separate trading of shares (BREZ) and rights (BREZR) develops over time.
Key Figures
IPO gross proceeds:$125,000,000Units offered:12,500,000 unitsUnit price:$10.00 per unit+5 more
8 metrics
IPO gross proceeds$125,000,000Initial public offering size
Units offered12,500,000 unitsNumber of units in IPO
Unit price$10.00 per unitPublic offering price
Right conversion ratio1/5 of one ordinary shareEach right upon initial business combination
IPO unit tickerBREZUNasdaq Global Market symbol for units
Share tickerBREZExpected Nasdaq symbol for ordinary shares
Rights tickerBREZRExpected Nasdaq symbol for rights
Key Terms
initial public offering, units, initial business combination, prospectus, +3 more
7 terms
initial public offeringfinancial
"announced today the closing of its initial public offering of 12,500,000 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.
unitsfinancial
"closing of its initial public offering of 12,500,000 units, at a price"
Units are bundled securities sold as one package in a financing—commonly a share paired with an instrument that gives the holder the right to buy more shares later. For investors this matters because a unit’s extra component can change future supply of shares and potential returns, similar to buying a combo with a coupon that can be redeemed later and alter what you actually receive and what others might own.
initial business combinationfinancial
"upon the consummation of an initial business combination."
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
prospectusregulatory
"The offering was made only 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 statementregulatory
"A registration statement relating to the securities was declared effective"
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.
Securities and Exchange Commissionregulatory
"declared effective by the Securities and Exchange Commission (“SEC”) on May 12, 2026."
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
Nasdaq Global Marketfinancial
"The units began trading on the Nasdaq Global Market under the symbol"
The Nasdaq Global Market is a section of the stock exchange where larger, well-established companies are listed and publicly traded. It functions like a marketplace where investors can buy and sell shares of these companies, providing them with access to capital and opportunities for growth. Its role is important because it helps investors identify and invest in reputable companies with strong financial backgrounds.
Irving, TX, May 14, 2026 (GLOBE NEWSWIRE) -- Breeze Acquisition Corp. II (NASDAQ: BREZU) (the “Company”) announced today the closing of its initial public offering of 12,500,000 units, at a price to the public of $10.00 per unit. The units began trading on the Nasdaq Global Market under the symbol “BREZU” on May 13, 2026.
Each unit consists of one ordinary share and one right. Each right entitles the holder to receive one-fifth (1/5) of one ordinary share upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be traded on the Nasdaq Global Market under the symbols “BREZ” and “BREZR,” respectively.
IB Capital LLC and I-Bankers Securities, Inc. acted as book-running managers of the offering.
ArentFox Schiff LLP acted as counsel to the Company and Allen Overy Shearman Sterling US LLP acted as counsel to the underwriters.
The offering was made only by means of a prospectus. Copies of the prospectus related to this offering may be obtained from IB Capital LLC at 51 Kings Court Street, PH, San Juan, PR 00911.
A registration statement relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on May 12, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, 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.
About Breeze Acquisition Corp. II
Breeze Acquisition Corp. II is a blank check company incorporated in the Cayman Islands for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. The Company intends to focus its initial search on target businesses with global operations and differentiated technology or capabilities, particularly in healthcare, biotechnology, advanced manufacturing, robotics, artificial intelligence, and related sectors. The net proceeds of the offering will be used to fund such business combination.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements, including those set forth in the risk factors section of the prospectus used in connection with the Company’s initial public offering filed with the SEC, copies of which are available on the SEC’s website, at www.sec.gov. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.
Contact:
J. Douglas Ramsey Breeze Acquisition Corp. II 955 W. John Carpenter Fwy
Suite 100-929 Irving, TX 75039 (888) 273-9001
FAQ
What are the details of Breeze Acquisition Corp. II (NASDAQ: BREZ) 2026 IPO?
Breeze Acquisition Corp. II completed a $125,000,000 IPO of 12,500,000 units at $10.00 each. According to Breeze Acquisition Corp. II, each unit includes one ordinary share and one right, and the units trade on the Nasdaq Global Market under the symbol BREZU.
When did Breeze Acquisition Corp. II (BREZU) units start trading on Nasdaq?
Breeze Acquisition Corp. II units began trading on the Nasdaq Global Market on May 13, 2026. According to Breeze Acquisition Corp. II, the units trade under ticker BREZU, with shares and rights expected to trade separately as BREZ and BREZR once separation occurs.
What does each Breeze Acquisition Corp. II (BREZ) SPAC unit include for investors?
Each Breeze Acquisition Corp. II unit consists of one ordinary share and one right. According to Breeze Acquisition Corp. II, each right entitles its holder to receive one-fifth of one ordinary share upon completion of an initial business combination, potentially increasing investors’ effective share exposure.
What symbols will Breeze Acquisition Corp. II ordinary shares and rights trade under?
Breeze Acquisition Corp. II ordinary shares are expected to trade under BREZ and rights under BREZR. According to Breeze Acquisition Corp. II, these securities will trade on the Nasdaq Global Market separately once the components of the units begin independent trading following the IPO.
Who managed the Breeze Acquisition Corp. II (BREZ) $125 million IPO?
IB Capital and I-Bankers Securities served as book-running managers for the Breeze Acquisition Corp. II IPO. According to Breeze Acquisition Corp. II, ArentFox Schiff advised the company and Allen Overy Shearman Sterling US advised the underwriters in connection with the Nasdaq-listed unit offering.
When was the SEC registration for Breeze Acquisition Corp. II (BREZ) IPO declared effective?
The SEC declared the registration statement for Breeze Acquisition Corp. II’s securities effective on May 12, 2026. According to Breeze Acquisition Corp. II, the public offering was conducted by prospectus only, with copies available from IB Capital at its San Juan, Puerto Rico address.