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Breeze Acquisition Corp. II Announces Closing of $15,000,000 Over-Allotment Option

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Breeze Acquisition Corp. II (NASDAQ: BREZU) closed the underwriters’ partial exercise of their over-allotment option for 1,500,000 units at $10.00 per unit, bringing its initial public offering to 14,000,000 units.

Units began trading on May 13, 2026. Each unit includes one ordinary share and one right, with each right converting into one-fifth of a share after an initial business combination.

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Positive

  • Over-allotment exercise adds 1,500,000 units at $10.00 each
  • Total initial public offering reaches 14,000,000 units
  • Units listed on Nasdaq Global Market under symbol BREZU
  • Ordinary shares and rights expected to trade as BREZ and BREZR

Negative

  • Each right converts into one-fifth share, increasing future share count

Market Context

This announcement confirms completion of a capital-raising milestone, with underwriters partially ex...
Analysis

This announcement confirms completion of a capital-raising milestone, with underwriters partially exercising a $15,000,000 over-allotment, bringing the offering to 14,000,000 units at $10.00 each. Each unit includes a right to receive 1/5 of a share upon an initial business combination. Investors may track progress toward identifying and completing a transaction, the terms attached to the rights, and any future regulatory filings related to potential deals.

Key Figures

Over-allotment option: $15,000,000 Over-allotment units: 1,500,000 units Unit price: $10.00 per unit +4 more
7 metrics
Over-allotment option $15,000,000 Underwriters’ partial exercise tied to units offering
Over-allotment units 1,500,000 units Additional units sold under over-allotment option
Unit price $10.00 per unit Public offering price for each unit
Total IPO units 14,000,000 units Aggregate initial public offering size after over-allotment
Unit share right ratio 1/5 of one share Each right converts into one-fifth of an ordinary share
Trading start date May 13, 2026 Units began trading on Nasdaq Global Market
SEC effectiveness date May 12, 2026 Registration statement declared effective by SEC

Key Terms

over-allotment option, initial public offering, prospectus, registration statement, +3 more
7 terms
over-allotment option financial
"the closing of the underwriters’ partial exercise of the over-allotment option of 1,500,000 units"
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.
initial public offering financial
"for an aggregate initial public offering of 14,000,000 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.
prospectus regulatory
"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 statement regulatory
"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 Commission regulatory
"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.
business combination financial
"upon the consummation of an initial business combination."
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Nasdaq Global Market technical
"The units began trading on the Nasdaq Global Market under the symbol “BREZU”"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Irving, TX, May 15, 2026 (GLOBE NEWSWIRE) -- Breeze Acquisition Corp. II (NASDAQ: BREZU) (the “Company”) announced today the closing of the underwriters’ partial exercise of the over-allotment option of 1,500,000 units, at a price to the public of $10.00 per unit, for an aggregate initial public offering of 14,000,000 units. 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 did Breeze Acquisition Corp. II (NASDAQ: BREZ) announce on May 15, 2026?

Breeze Acquisition Corp. II announced the closing of underwriters’ partial over-allotment exercise for 1,500,000 units at $10.00 each. According to Breeze Acquisition Corp. II, this brings its initial public offering total to 14,000,000 units.

How many units are in the Breeze Acquisition Corp. II (BREZ) IPO after the over-allotment?

After the partial over-allotment exercise, the Breeze Acquisition Corp. II IPO totals 14,000,000 units. According to Breeze Acquisition Corp. II, underwriters purchased 1,500,000 additional units at a price to the public of $10.00 per unit.

When did Breeze Acquisition Corp. II (BREZU) units begin trading on Nasdaq?

Breeze Acquisition Corp. II units began trading on the Nasdaq Global Market on May 13, 2026, under the symbol BREZU. According to Breeze Acquisition Corp. II, the ordinary shares and rights are expected to trade separately as BREZ and BREZR later.

What does each Breeze Acquisition Corp. II (BREZ) unit and right 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 the holder to receive one-fifth of one ordinary share after completing an initial business combination.

What is the price per unit in the Breeze Acquisition Corp. II (BREZU) IPO?

The price to the public for each Breeze Acquisition Corp. II unit is $10.00. According to Breeze Acquisition Corp. II, underwriters partially exercised their over-allotment option to buy 1,500,000 units at this price, increasing the IPO to 14,000,000 units.

Is the Breeze Acquisition Corp. II (BREZ) offering available in all jurisdictions?

The Breeze Acquisition Corp. II offering is not available in every jurisdiction. According to Breeze Acquisition Corp. II, no sale may occur where offers or sales would be unlawful before proper registration or qualification under local securities laws.