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Viking Acquisition Corp. II (VII) closes $230M SPAC IPO and funds trust

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Viking Acquisition Corp. II completed its initial public offering of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000. Each unit includes one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share.

At the same time, the company sold 610,000 private placement units at $10.00 per unit to its sponsor and Cohen, raising an additional $6,100,000. A total of $230,000,000 of IPO and private placement proceeds was deposited into a U.S. trust account to fund a future business combination or shareholder redemptions.

The filing also confirms adoption of amended and restated charter documents, execution of warrant, registration rights, trust and administrative agreements, and indemnity agreements with directors. Viking Acquisition Corp. II is a blank check company formed to pursue a merger or similar business combination without industry or geographic limitations.

Positive

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Insights

Viking Acquisition Corp. II raises $230M as a SPAC to pursue future deals.

Viking Acquisition Corp. II has completed a SPAC IPO, selling 23,000,000 units at $10.00 per unit for gross proceeds of $230,000,000, plus $6,100,000 from 610,000 private placement units sold to the sponsor and underwriter affiliate.

A total of $230,000,000 was placed into a segregated trust account at JPMorgan, to be released upon a business combination or specified redemption events. This structure is standard for SPACs and is designed to protect public shareholders’ capital until a transaction is approved.

The company also put in place warrant agreements, registration rights, an investment management trust agreement, and indemnity arrangements for directors, and adopted amended and restated charter documents effective July 1, 2026. Future filings describing any proposed business combination and related shareholder vote will determine how this capital is ultimately deployed.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
IPO units sold 23,000,000 units Initial public offering at $10.00 per unit
IPO gross proceeds $230,000,000 Proceeds from sale of 23,000,000 units
Private placement units 610,000 units Sold to sponsor and Cohen at $10.00 per unit
Private placement proceeds $6,100,000 Aggregate proceeds from 610,000 private placement units
Warrant exercise price $11.50 per share Exercise price for each whole public or private warrant
Funds in trust account $230,000,000 Proceeds placed in trust at JPMorgan Chase Bank, N.A.
over-allotment option financial
"including 3,000,000 Units as a result of the underwriters’ exercise in full 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.
blank check company financial
"Viking Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger"
A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.
trust account financial
"were placed in a U.S.-based trust account at JPMorgan Chase Bank, N.A. maintained by Continental Stock Transfer & Trust Company"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
Private Placement Units Purchase Agreement financial
"A Private Placement Units Purchase Agreement, dated July 1, 2026 (the “ Sponsor Units Purchase Agreement ”)"
Amended and Restated Memorandum and Articles of Association regulatory
"the Company adopted its First Amended and Restated Memorandum and Articles of Association (the “Amended and Restated Articles”)"
A document that replaces and combines a company’s core governing papers into a single, updated set of rules spelling out the company’s purpose, share structure, voting rights and how decisions are made. Think of it as rewriting and consolidating a household’s rulebook so everyone knows who controls what and how major choices are handled. Investors watch these changes because they can alter ownership rights, governance, dividend policy and takeover protections, affecting value and control.
Offering Type IPO
Use of Proceeds Proceeds of $230,000,000 were deposited into a U.S. trust account to be released upon completion of an initial business combination or specified shareholder redemptions.
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FAQ

What did Viking Acquisition Corp. II (VII) announce in this 8-K filing?

Viking Acquisition Corp. II announced the completion of its initial public offering of 23,000,000 units at $10.00 per unit, for gross proceeds of $230,000,000. It also detailed related private placements, governance agreements, and the establishment of a trust account for IPO proceeds.

How large is Viking Acquisition Corp. II’s IPO and what does each unit include?

The IPO raised $230,000,000 from 23,000,000 units priced at $10.00 each. Every unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to buy one Class A share at $11.50 per share.

What private placements did Viking Acquisition Corp. II complete alongside the IPO?

Alongside the IPO, Viking Acquisition Corp. II sold 610,000 private placement units at $10.00 per unit, raising $6,100,000. These included 300,000 units sold to the sponsor and 310,000 units sold to Cohen, and each private unit mirrors the public unit structure with shares and warrants.

How will Viking Acquisition Corp. II use the IPO proceeds placed in trust?

Viking placed $230,000,000 of proceeds into a U.S. trust account at JPMorgan. These funds remain there until a business combination is completed or certain shareholder redemptions or charter amendments occur, with limited withdrawals allowed for taxes under the investment management trust agreement.

What is the purpose of Viking Acquisition Corp. II as described in the filing?

Viking Acquisition Corp. II is a blank check company formed to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Its search for a target is not limited to any particular industry or geographic region.

What key agreements and governance steps accompanied Viking Acquisition Corp. II’s IPO?

The company entered into public and private warrant agreements, a registration rights agreement, an investment management trust agreement, and an administrative services agreement. It also adopted amended and restated charter documents and executed indemnity agreements with directors and an Insider Letter Agreement with its sponsor and insiders.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 30, 2026

 

 

Viking Acquisition Corp. II

(Exact name of registrant as specified in its charter)

 

 

Cayman Islands   001-43378   98-193516
(State or Other Jurisdiction of
Incorporation or Organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

900 Third Avenue, 18th Floor
New York
, NY 10022
(917) 423-7931
  10022
    (Zip Code)

 

(917) 423-7931

(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeemable warrant   VII U   The New York Stock Exchange
Class A ordinary shares, $0.0001 par value   VII   The New York Stock Exchange
Redeemable warrants, each full warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   VII WS   The New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 1.01 Entry into Material Definitive Agreement.

 

On June 30, 2026, the registration statement on Form S-1 (File No. 333-296719), as amended (the “Registration Statement”), relating to the initial public offering (the “IPO”) of Viking Acquisition Corp. II, a Cayman Islands exempted company (the “Company”), was declared effective by the Securities and Exchange Commission.

 

On July 6, 2026, the Company consummated the IPO of 23,000,000 units (the “Units”), including 3,000,000 Units as a result of the underwriters’ exercise in full of their over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (each an “Ordinary Share”), and one-third of one redeemable warrant of the Company (a “Public Warrant”), with each whole Public Warrant entitling the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $230,000,000.

 

In connection with the IPO, the Company entered into the following agreements previously filed as exhibits to the Company’s Registration Statement:

 

  An Underwriting Agreement, dated July 1, 2026, by and between the Company and Cohen & Company Capital Markets, a Division of Cohen & Company Securities, LLC (“Cohen”), acting as representative of the underwriters named therein, which contains customary representations and warranties and indemnification of the underwriters by the Company, a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference;

 

  A Public Warrant Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.1 hereto and incorporated herein by reference;
     
  A Private Warrant Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.2 hereto and incorporated herein by reference;

 

  An Insider Letter Agreement, dated July 1, 2026, by and among the Company, Viking Acquisition Sponsor II, LLC (the “Sponsor”) and each of its officers and directors named therein, a copy of which is attached as Exhibit 10.1 hereto and incorporated herein by reference (the “Insider Letter Agreement”);

 

  A Registration Rights Agreement, dated July 1, 2026, by and among the Company, the Sponsor and Cohen, a copy of which is attached as Exhibit 10.2 hereto and incorporated herein by reference;

 

  An Investment Management Trust Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.3 hereto and incorporated herein by reference;

 

  An Administrative Services Agreement, dated July 1, 2026, by and between the Company and KingsRock Advisors, LLC, a Delaware limited liability company, a copy of which is attached as Exhibit 10.4 hereto and incorporated herein by reference;

 

  An Indemnity Agreement, dated July 1, 2026, by and between the Company and Håkan Wohlin, the Chief Executive Officer and a director of the Company, a copy of which is attached as Exhibit 10.5 hereto and incorporated herein by reference;

 

  An Indemnity Agreement, dated July 1, 2026, by and between the Company and Louis Jaffe, the chairman of the board of directors of the Company, a copy of which is attached as Exhibit 10.6 hereto and incorporated herein by reference;

 

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  An Indemnity Agreement, dated July 1, 2026, by and between the Company and Gil Ottensoser, the Chief Strategy Officer and a director of the Company, a copy of which is attached as Exhibit 10.7 hereto and incorporated herein by reference;

 

  An Indemnity Agreement, dated July 1, 2026, by and between the Company and Philipp von Girsewald, the Chief Financial Officer of the Company, a copy of which is attached as Exhibit 10.8 hereto and incorporated herein by reference;

 

  An Indemnity Agreement, dated July 6, 2026, by and between the Company and Fred Brettschneider, a director of the Company, a copy of which is attached as Exhibit 10.9 hereto and incorporated herein by reference;
     
  An Indemnity Agreement, dated July 6, 2026, by and between the Company and Dr. Josef Ackermann, a director of the Company, a copy of which is attached as Exhibit 10.10 hereto and incorporated herein by reference;
     
  An Indemnity Agreement, dated July 6, 2026, by and between the Company and Yassine Bouhara, a director of the Company, a copy of which is attached as Exhibit 10.11 hereto and incorporated herein by reference;
     
  An Indemnity Agreement, dated July 6, 2026, by and between the Company and Seth Waugh, a director of the Company, a copy of which is attached as Exhibit 10.12 hereto and incorporated herein by reference;
     
  A Private Placement Units Purchase Agreement, dated July 1, 2026 (the “Sponsor Units Purchase Agreement”), by and between the Company and the Sponsor, a copy of which are attached as Exhibit 10.13 hereto and incorporated herein by reference; and
     
  An Underwriter Private Placement Units Purchase Agreement, dated July 1, 2026 (the “Cohen Units Purchase Agreement”), by and between the Company and Cohen, a copy of which are attached as Exhibit 10.14 hereto and incorporated herein by reference.

 

The material terms of each of the foregoing agreements are described in the prospectus that forms a part of the Registration Statement, and the descriptions of such terms are incorporated herein by reference. Each of the foregoing agreements, are attached hereto as exhibits to this Current Report on Form 8-K, as enumerated below in the table set forth in response to Item 9.01.

 

Item 3.02 Unregistered Sales of Equity Securities.

 

Simultaneously with the closing of the IPO, the Company completed the private sale and issuance of an aggregate of 610,000 private placement units (the “Private Placement Units”), consisting of the sale and issuance of (i) 300,000 Private Placement Units to the Sponsor at a price of $10.00 per unit under the Sponsor Units Purchase Agreement, generating gross proceeds to the Company of $3,000,000 and (ii) 310,000 Private Placement Units to Cohen at a price of $10.00 per unit under the Cohen Units Purchase Agreement, generating gross proceeds to the Company of $3,100,000, for aggregate gross proceeds to the Company of $6,100,000. Each Private Placement Unit consisted of one Ordinary Share and one-third of one redeemable warrant of the Company (a “Private Placement Warrant”), with each whole Private Placement Warrant entitling the holder thereof to purchase one Ordinary Share at a price of $11.50 per share, subject to adjustment. The Private Placement Units (and underlying securities) are identical to the Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

 

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

In connection with the IPO, on July 1, 2026, each of Messrs. Wohlin, Jaffe, Ottensoser and von Girsewald entered into an indemnity agreement with the Company. When the election of Dr. Ackermann and Messrs. Brettschneider, Bouhara and Waugh as directors of the Company became effective on July 6, 2026, each of them entered into an indemnity agreement with the Company. On July 1, 2026, all directors, director nominees and officers of the Company along with the Sponsor and certain other security holders named therein, entered into the Insider Letter Agreement.

 

Other than the foregoing, none of the directors or officers of the Company is party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

 

Copies of the Insider Letter Agreement and indemnity agreements are attached as Exhibits 10.1 and 10.5 through 10.12 hereto, respectively, and are incorporated herein by reference.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

 

In connection with the IPO, the Company adopted its First Amended and Restated Memorandum and Articles of Association (the “Amended and Restated Articles”), effective July 1, 2026. The terms of the Amended and Restated Articles are set forth in the Registration Statement and are incorporated herein by reference. A copy of the Amended and Restated Articles is attached as Exhibit 3.1 hereto and incorporated herein by reference.

 

Item 8.01 Other Events

 

In connection with the IPO, Dr. Ackermann and Messrs. Brettschneider and Waugh were appointed to the Audit Committee of the Company’s board of directors, with Mr. Brettschneider serving as chair of the Audit Committee; Messrs. Bouhara, Brettschneider and Waugh were appointed to the Compensation Committee of the Company’s board of directors, with Mr. Bouhara serving as chair of the Compensation Committee; and Messrs. Waugh, Bouhara and Brettschneider were appointed to the Nominating and Corporate Governance Committee of the Company’s board of directors, with Mr. Waugh serving as chair of the Nominating and Corporate Governance Committee.

 

A total of $230,000,000, consisting of the entirety of the proceeds received by the Company after deduction for commissions from the IPO and some proceeds from the sale of the Private Placement Units, were placed in a U.S.-based trust account at JPMorgan Chase Bank, N.A. maintained by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest earned on the funds held in the trust account that may be released to the Company to pay its taxes, the funds in the trust account will not be released from the trust account until the earliest to occur of: (a) the completion of our initial business combination (including the release of funds to pay any amounts due to any public shareholders who properly exercise their redemption rights in connection therewith), (b) the redemption of any public shares properly submitted in connection with a shareholder vote to approve an amendment to our amended and restated memorandum and articles of association (A) in a manner that would affect the substance or timing of our obligation to redeem 100% of our public shares if we do not complete an initial business combination within the completion window or (B) with respect to any other provision relating to the rights of holders of our Class A ordinary shares or pre-initial business combination activity, or (c) the redemption of our public shares if we are unable to complete our initial business combination within the completion window, subject to applicable law. 

 

On July 1, 2026, the Company issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing the pricing of the IPO.

 

On July 6, 2026, the Company issued a press release, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K, announcing the closing of the IPO.

 

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Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits 

 

Exhibit No.   Description
1.1   Underwriting Agreement, dated July 1, 2026, by and between the Company and Cohen & Company Capital Markets, a Division of Cohen & Company Securities, LLC, as representative of the underwriters named therein.
   
3.1   Amended and Restated Memorandum and Articles of Association.
   
4.1   Public Warrant Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company.
     
4.2   Private Warrant Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company.
   
10.1   Insider Letter Agreement, dated July 1, 2026, by and between the Company, Viking Acquisition Sponsor II, LLC and each of its officers and directors named therein.
   
10.2   Registration Rights Agreement, dated July 1, 2026, by and among the Company, the Sponsor and Cohen.
   
10.3   Investment Management Trust Agreement, dated July 1, 2026, by and between the Company and Continental Stock Transfer & Trust Company.
   
10.4   Administrative Services Agreement, dated July 1, 2026, by and between the Company and KingsRock Advisors, LLC.
   
10.5   Indemnity Agreement, dated July 1, 2026, by and between the Company and Håkan Wohlin.
   
10.6   Indemnity Agreement, dated July 1, 2026, by and between the Company and Louis Jaffe. 
   
10.7   Indemnity Agreement, dated July 1, 2026, by and between the Company and Gil Ottensoser.
   
10.8   Indemnity Agreement, dated July 1, 2026, by and between the Company and Philipp von Girsewald.
   
10.9   Indemnity Agreement, dated July 6, 2026, by and between the Company and Fred Brettschneider.
   
10.10   Indemnity Agreement, dated July 6, 2026, by and between the Company and Dr. Josef Ackermann.
     
10.11   Indemnity Agreement, dated July 6, 2026, by and between the Company and Yassine Bouhara.
   
10.12   Indemnity Agreement, dated July 6, 2026, by and between the Company and Seth Waugh.
   
10.13   Private Placement Units Purchase Agreement, dated July 1, 2026, by and between the Company and the Sponsor.
   
10.14   Underwriter Private Placement Units Purchase Agreement, dated July 1, 2026, by and between the Company and Cohen & Company Capital Markets, a Division of Cohen & Company Securities, LLC.
   
99.1   Press Release, dated July 1, 2026.
   
99.2   Press Release, dated July 6, 2026.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  VIKING ACQUISITION CORP. II
   
Dated: July 7, 2026 By: /s/ Håkan Wohlin
    Håkan Wohlin
    Chief Executive Officer

 

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Exhibit 99.1

 

Viking Acquisition Corp. II Announces Pricing of $200,000,000 Initial Public Offering

 

New York, NY. – July 1, 2026 – Viking Acquisition Corp. II (NYSE: VII U) (the “Company”), a Cayman Islands exempted company, announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (“NYSE”) and trade under the ticker symbol “VII U” beginning on July 2, 2026. Each unit consists of one (1) Class A ordinary share and one-third (1/3) of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols “VII” and “VII WS”, respectively.

 

Cohen & Company Capital Markets, a Division of Cohen & Company Securities, LLC, is acting as sole book-running manager in the offering. The underwriters have been granted a 45-day option to purchase up to an additional 3,000,000 units offered by the Company to cover over-allotments, if any. The offering is expected to close on July 6, 2026, subject to customary closing conditions.

 

A registration statement on Form S-1 (File No. 333-296719) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on June 30, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

 

This press release shall not constitute an offer to sell or a 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.

 

About Viking Acquisition Corp. II

 

Viking Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

 

Forward-Looking Statements

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. 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. 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 expressly disclaims any obligations 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:

 

Philipp von Girsewald

 

Chief Financial Officer

 

philipp.girsewald@kingsrock.com

 

(347) 366-1106

 

Exhibit 99.2

 

Viking Acquisition Corp. II Announces Closing of $230 Million Initial Public Offering

 

New York, NY – July 6, 2026 – Viking Acquisition Corp. II (NYSE: VII U) (the “Company” or “Viking”), a Cayman Islands exempted company, announced today the closing of its initial public offering of 23,000,000 units at a price of $10.00 per unit, including an additional 3,000,000 units sold pursuant to the full exercise of the underwriters’ over-allotment option, for gross proceeds of $230 million. Each unit consists of one (1) Class A ordinary share and one-third (1/3) of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Only whole warrants will be exercisable.

 

The units began trading on the New York Stock Exchange (the “NYSE”) under the ticker symbol “VII U” on July 2, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and the warrants are expected to be traded on the NYSE under the symbols “VII” and “VII WS”, respectively.

 

Cohen & Company Capital Markets, a Division of Cohen & Company Securities, LLC (“Cohen”) acted as the book-running manager for the offering. The Company was represented by DLA-Piper LLP (US) as its legal counsel and Cohen was represented by Ellenoff Grossman & Schole LLP as its legal counsel.

 

A final prospectus relating to and describing the final terms of the offering has been filed with the Securities and Exchange Commission (the “SEC”). The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

 

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 an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Note Concerning Forward Looking Statements

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. Forward-looking statements are statements that are not historical facts. Such 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 final prospectus for the Company’s offering filed with the SEC, which could cause actual results to differ from the forward-looking statements. Copies are available on the SEC’s website, www.sec.gov. The Company expressly disclaims any obligations 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.

 

About Viking Acquisition Corp. II

 

Viking Acquisition Corp. II is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.

 

CONTACT

 

Philipp von Girsewald

 

Chief Financial Officer

 

philipp.girsewald@kingsrock.com

 

(347) 366-1106

 

Filing Exhibits & Attachments

20 documents