Viking CEO acquires $514K, $544K convertible notes

Viking Acquisition Corp. II (VII) reported that its chief executive officer and 10% owner, Hakan Wohlin, together with Viking Acquisition Sponsor II, LLC, indirectly acquired interests in convertible working capital notes.

Rhea-AI Filing Summary

Viking Acquisition Corp. II (VII) reported that its chief executive officer and 10% owner, Hakan Wohlin, together with Viking Acquisition Sponsor II, LLC, indirectly acquired interests in convertible working capital notes. On August 19, 2026, the issuer entered into a Working Capital Note for $514,080, convertible into 51,480 units, resulting upon a business combination in 51,408 Class A ordinary shares and warrants to purchase 17,136 Class A ordinary shares. On September 18, 2026, the issuer entered into an Amended and Restated Working Capital Note for $544,080, convertible into 54,408 units, resulting upon a business combination in 54,408 Class A ordinary shares and warrants to purchase 18,136 Class A ordinary shares. The notes are held indirectly through the sponsor entity, are payable on the earlier of the initial business combination or winding up, and are convertible at the sponsor's election at the time of the initial business combination; no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 141,088 shares

Grant/Award 4 txns

Insider Wohlin Hakan, Viking Acquisition Sponsor II, LLC

Role CHIEF EXECUTIVE OFFICER | 10% Owner

Type	Security	Shares	Price	Value
Grant/Award	Convertible Working Capital Note F4, F2, F5, F3	54,408	--	--
Grant/Award	Convertible Working Capital Note F4, F2, F5, F3	18,136	--	--
Grant/Award	Convertible Working Capital Note F1, F2, F5, F3	51,408	--	--
Grant/Award	Convertible Working Capital Note F1, F2, F5, F3	17,136	--	--

Holdings After Transaction: Convertible Working Capital Note — 141,088 contracts (Indirect, By Viking Acquisition Sponsor II, LLC)

Footnotes (5)

1. F1. On August 19, 2026, the Issuer entered into a Working Capital Note ("First Note") promising to pay the Sponsor $514,080. All amounts due under the First Note may be converted into 51,480 units. Each unit consists of one Ordinary Share and one-third of one warrant to purchase one Ordinary Share, resulting in 51,408 Ordinary Shares and warrants to purchase 17,136 Ordinary Shares of the issuer upon the consummation of the business combination. The warrants shall have the same terms and conditions as the warrant issued in the initial public offering.
2. F2. The Issue's Ordinary Shares and warrants are described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-267719)
3. F3. The Class A ordinary shares ("Ordinary Shares") and warrants are held directly by Viking Acquisition Sponsor II, LLC ("Sponsor"). The Class A ordinary shares and warrants held by the Sponsor are beneficially owned by KingsRock Viking Acquisition II, LLC and the other members of the Sponsor.
4. F4. On September 18, 2026, the Issuer entered into an Amended and Restated Working Capital Note ("Second Note" and together with the First Note, "Note") promising to pay the Sponsor $544,080. All Amounts due under the Second Note may be converted into 54,408 units. Each unit consists of one Ordinary Share and one-third of one warrant to purchase one Ordinary Share, resulting in 54,408 Ordinary Shares and warrants to purchase 18,136 Ordinary Shares of the Issuer upon the consummation of the business combination. The warrants shall have the same terms and conditions as the warrant issued in the initial public offering.
5. F5. The principal balance of the Note shall be payable by the Issuer on the earlier of the date on which the Issuer consummates its initial business combination or the date that the winding up of the Issuer is effective, and is convertible at the Sponsor's election upon the consummation of the initial business combination.

Key Figures

First Working Capital Note principal: $514,080 Second Working Capital Note principal: $544,080 Shares from First Note: 51,408 Class A ordinary shares +5 more

8 metrics

First Working Capital Note principal $514,080 Working Capital Note entered into on August 19, 2026

Second Working Capital Note principal $544,080 Amended and Restated Working Capital Note entered into on September 18, 2026

Shares from First Note 51,408 Class A ordinary shares Resulting upon consummation of the business combination from 51,480 units

Warrants from First Note 17,136 warrants Warrants to purchase Class A ordinary shares resulting from the First Note

Shares from Second Note 54,408 Class A ordinary shares Resulting upon consummation of the business combination from 54,408 units

Warrants from Second Note 18,136 warrants Warrants to purchase Class A ordinary shares resulting from the Second Note

Units from First Note 51,480 units Each unit equals one Ordinary Share and one-third of one warrant

Units from Second Note 54,408 units Each unit equals one Ordinary Share and one-third of one warrant

Key Terms

Working Capital Note, business combination, winding up, beneficially owned, +1 more

5 terms

Working Capital Note financial

"entered into a Working Capital Note ("First Note") promising to pay the Sponsor"

business combination financial

"upon the consummation of the 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.

winding up regulatory

"or the date that the winding up of the Issuer is effective"

Winding up is the formal process of closing a company: selling its assets, paying creditors, settling outstanding obligations and then dissolving the business. For investors it signals the end of ordinary operations and shows how much, if anything, will be recovered from remaining assets—like a store selling off fixtures to pay bills—so it determines whether shareholders or lenders receive any value and how much.

beneficially owned financial

"shares and warrants held by the Sponsor are beneficially owned by"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Amended and Restated Working Capital Note financial

"entered into an Amended and Restated Working Capital Note ("Second Note")"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did VII report for Hakan Wohlin and the sponsor?

The issuer reported that entities associated with Hakan Wohlin and Viking Acquisition Sponsor II, LLC received convertible Working Capital Notes on August 19, 2026 and September 18, 2026, each convertible into units that yield Class A ordinary shares and warrants upon a business combination.

How many VII Class A shares and warrants are tied to the August 19, 2026 note?

The August 19, 2026 Working Capital Note for $514,080 may be converted into 51,480 units, resulting upon a business combination in 51,408 Class A ordinary shares and warrants to purchase 17,136 Class A ordinary shares of Viking Acquisition Corp. II.

What are the terms of the September 18, 2026 Working Capital Note for VII?

The September 18, 2026 Amended and Restated Working Capital Note is for $544,080 and may be converted into 54,408 units, resulting upon a business combination in 54,408 Class A ordinary shares and warrants to purchase 18,136 Class A ordinary shares.

When are VII’s Working Capital Notes payable and when can they convert?

The principal balance of the Working Capital Note is payable on the earlier of the consummation of the initial business combination or the winding up of the issuer, and is convertible at the sponsor's election upon consummation of the initial business combination.

Are the VII Class A shares and warrants held directly by Hakan Wohlin?

No. The Class A ordinary shares and warrants are held directly by Viking Acquisition Sponsor II, LLC. They are beneficially owned by KingsRock Viking Acquisition II, LLC and other members of the sponsor, with the Form 4 reflecting Wohlin as a reporting person.

Were the VII insider transactions made under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the reported transactions were made pursuant to a Rule 10b5-1 trading plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/21/2026 - 06:02 PM Accepted by SEC EDGAR 09/21/2026 - 06:01 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wohlin Hakan

(Last) (First) (Middle)

C/O VIKING ACQUISITION CORP. II

900 THIRD AVENUE 18TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Viking Acquisition Corp. II [ VII ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Convertible Working Capital Note	(1)	08/19/2026		A		51,408		(1)	(5)	Class A Ordinary Shares	51,408	(2)	51,408	I	By Viking Acquisition Sponsor II, LLC(3)
Convertible Working Capital Note	(1)	08/19/2026		A		17,136		(1)	(5)	Warrants	17,136	(2)	17,136	I	By Viking Acquisition Sponsor II, LLC(3)
Convertible Working Capital Note	(4)	09/18/2026		A		54,408		(4)	(5)	Class A Ordinary Shares	54,408	(2)	54,408	I	By Viking Acquisition Sponsor II, LLC(3)
Convertible Working Capital Note	(4)	09/18/2026		A		18,136		(4)	(5)	Warrants	18,136	(2)	18,136	I	By Viking Acquisition Sponsor II, LLC(3)

1. Name and Address of Reporting Person^*

Wohlin Hakan

(Last) (First) (Middle)

C/O VIKING ACQUISITION CORP. II

900 THIRD AVENUE 18TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

1. Name and Address of Reporting Person^*

Viking Acquisition Sponsor II, LLC

(Last) (First) (Middle)

C/O VIKING ACQUISITION CORP. II

900 THIRD AVENUE FL 18TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. On August 19, 2026, the Issuer entered into a Working Capital Note ("First Note") promising to pay the Sponsor $514,080. All amounts due under the First Note may be converted into 51,480 units. Each unit consists of one Ordinary Share and one-third of one warrant to purchase one Ordinary Share, resulting in 51,408 Ordinary Shares and warrants to purchase 17,136 Ordinary Shares of the issuer upon the consummation of the business combination. The warrants shall have the same terms and conditions as the warrant issued in the initial public offering.

2. The Issue's Ordinary Shares and warrants are described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-267719)

3. The Class A ordinary shares ("Ordinary Shares") and warrants are held directly by Viking Acquisition Sponsor II, LLC ("Sponsor"). The Class A ordinary shares and warrants held by the Sponsor are beneficially owned by KingsRock Viking Acquisition II, LLC and the other members of the Sponsor.

4. On September 18, 2026, the Issuer entered into an Amended and Restated Working Capital Note ("Second Note" and together with the First Note, "Note") promising to pay the Sponsor $544,080. All Amounts due under the Second Note may be converted into 54,408 units. Each unit consists of one Ordinary Share and one-third of one warrant to purchase one Ordinary Share, resulting in 54,408 Ordinary Shares and warrants to purchase 18,136 Ordinary Shares of the Issuer upon the consummation of the business combination. The warrants shall have the same terms and conditions as the warrant issued in the initial public offering.

5. The principal balance of the Note shall be payable by the Issuer on the earlier of the date on which the Issuer consummates its initial business combination or the date that the winding up of the Issuer is effective, and is convertible at the Sponsor's election upon the consummation of the initial business combination.

	/s/ Hakan Nils Wohlin	09/21/2026
	/s/ Hakan Nils Wohlin, as managing member of Viking Acquisition Sponsor II, LLC	09/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)