Viking Acquisition Corp. II insider holdings increased through entity-level open-market purchases. Viking Acquisition Sponsor II, LLC, associated with CEO Hakan Wohlin, bought 300,000 Class A Ordinary Shares at $10.00 per share, bringing indirect Class A ordinary share holdings to 7,966,667 shares.
In a related transaction, Viking Acquisition Sponsor I, LLC acquired 100,000 warrants linked to Class A ordinary shares, with an exercise price of $11.50 per share. These Private Warrants become exercisable after the issuer’s initial business combination and expire on the fifth anniversary of that combination.
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.
Viking Acquisition Corp. II is offering 20,000,000 units at $10.00 per unit in an initial public offering for aggregate gross proceeds of $200,000,000. Each unit contains one Class A ordinary share and one-third of a warrant (whole warrants exercisable at $11.50). The underwriters have a 45-day option to purchase up to 3,000,000 additional units. The offering places $200.0 million (or $230.0 million if the over-allotment is exercised in full) into a U.S.-based trust account to support redemptions. The sponsor purchased 7,666,667 founder shares for $25,000 and subscribed for 300,000 private placement units for $3,000,000. The company has a 24-month completion window to effect an initial business combination, subject to possible shareholder-approved extensions and specified redemption and anti-dilution mechanics.
Viking Acquisition Sponsor II, LLC, a 10% owner of Viking Acquisition Corp. II, reports initial holdings of 7,666,667 Class B ordinary shares. These Class B shares are convertible into Class A ordinary shares and have no expiration date. Of these, 1,000,000 shares are subject to forfeiture if underwriters do not exercise their over-allotment option. The shares are held by the Sponsor, are beneficially owned by KingsRock Viking Acquisition II, LLC, and Mr. Wohlin holds voting and dispositive power over them.
Viking Acquisition Corp. II director and Chief Executive Officer Hakan Wohlin filed an initial ownership report showing indirect holdings of Class B ordinary shares through Viking Acquisition Sponsor II, LLC. These Class B shares are convertible into Class A ordinary shares as described in the company’s S-1 registration statement and have no expiration date.
The filing shows 7,666,667 underlying Class A ordinary shares associated with the Class B ordinary shares, held via the sponsor structure affiliated with KingsRock Viking Acquisition II, LLC and KingsRock Advisors, LLC. Of these, 1,000,000 shares are subject to forfeiture if the underwriters do not exercise their over-allotment option.
Viking Acquisition Corp. II filed an initial ownership report (Form 3) for Philipp Richard Freiherr von Girsewald, who serves as Chief Financial Officer. The filing establishes his status as an officer subject to insider reporting rules but does not list any share holdings or transactions.
Viking Acquisition Corp. II director and Chief Strategy Officer Gilad Ottensoser filed an initial Form 3 reporting no transactions or holdings. The filing shows zero shares bought, sold, acquired, or disposed, indicating this is a baseline disclosure of insider status rather than a trading event.
Viking Acquisition Corp. II director and Board Chairman Louis Steven Jaffe filed an initial ownership report on Form 3. The filing lists him as both a director and officer but does not report any specific share holdings or transactions, serving as a baseline disclosure of his insider status.
Viking Acquisition Corp. II, a blank check company, is seeking to raise $200,000,000 by offering 20,000,000 units at $10.00 each in its initial public offering. Each unit includes one Class A ordinary share and one-third of a warrant with a $11.50 exercise price.
The company will place $200.0 million (or $230.0 million with the over-allotment) into a U.S. trust account and has 24 months after the IPO closing to complete a business combination, with public shareholders offered redemption rights tied to cash held in the trust.
The sponsor purchased 7,666,667 Class B founder shares for $25,000 and will buy 300,000 private placement units for $3,000,000, creating meaningful potential dilution for public shareholders and embedding typical SPAC-related conflicts of interest highlighted throughout the risk factor discussion.