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Breeze Acquisition Corp. II (NASDAQ: BREZU) will automatically separate its units on June 11, 2026. Units will cease trading, while the underlying ordinary shares and rights will trade separately on Nasdaq as BREZ and BREZR.
The separation is mandatory and requires no action from unit holders. Each unit has one ordinary share and one right; each right converts into one-fifth of a share at the closing of the initial business combination, with fractional shares rounded down.