Bluerock Acquisition Corp. II Announces Pricing of $150 Million Initial Public Offering
Each whole warrant can purchase one Class A ordinary share for $11.50, subject to adjustments.
Rhea-AI Summary
Bluerock Acquisition II (BRRK) priced its $150 million initial public offering on September 24, 2026. The offering covers 15,000,000 units at $10.00 each. Each unit contains one Class A ordinary share and one-half of a redeemable warrant. Only whole warrants are exercisable; each can purchase one Class A ordinary share for $11.50, subject to adjustments.
The units are expected to begin trading on the Nasdaq Global Market as BRRKU on September 25, 2026, and the offering is expected to close on September 28, 2026. Once separate trading begins, the shares and warrants are expected to trade on Nasdaq as BRRK and BRRKW. Underwriters have a 45-day option to buy up to 2,250,000 additional units at the IPO price to cover over-allotments. The blank-check company may pursue a business combination in any industry.
Positive
- $150 million IPO priced at $10.00 per unit
Negative
- None.
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Bluerock Acquisition Corp. II 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 initial business combination in any business or industry.
BTIG, LLC is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments, if any.
A registration statement relating to these securities was declared effective by the
The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from BTIG, LLC, 65 East 55th Street,
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 from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated, or that the Company will ultimately complete a business combination transaction. 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 preliminary prospectus for the Company's offering filed with the SEC. Copies 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.
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SOURCE Bluerock Acquisition Corp. II
FAQ
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What does a Bluerock Acquisition II IPO unit include?
Each unit contains one Class A ordinary share and one-half of a redeemable warrant. Only whole warrants are exercisable, and each whole warrant can purchase one Class A ordinary share for $11.50, subject to adjustments.
When are Bluerock Acquisition II IPO units expected to trade and the offering expected to close?
The units are expected to begin trading on the Nasdaq Global Market as BRRKU on September 25, 2026. The offering is expected to close on September 28, 2026.
How can investors obtain the Bluerock Acquisition II IPO prospectus?
Copies of the prospectus may be obtained, when available, by emailing ProspectusDelivery@btig.com or visiting the SEC website at www.sec.gov.