Andretti Acquisition Corp. II
For the period ended Dec 31, 2024. Filed Mar 25, 2025.
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FY2024 · Filed Mar 25, 2025
POLE$10.740.0%Stored close · as of Nov 5, 2026
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Statement of Cash Flows
| Cash Flows from Operating Activities: | |
|---|---|
| Net income | $3,046,826 |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares | 7,909 |
| Payment of formation and general costs through promissory note | 37,185 |
| Interest income on marketable securities held in Trust Account | (3,350,051) |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | (132,201) |
| Long-term prepaid insurance | (76,772) |
| Accrued expenses | 75,556 |
| Net cash used in operating activities | (391,548) |
| Cash Flows from Investing Activities: | |
| Investment of cash into Trust Account | (231,150,000) |
| Net cash used in investing activities | (231,150,000) |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units, net of underwriting discounts paid | 225,400,000 |
| Proceeds from sale of Private Placement Units | 7,600,000 |
| Proceeds from promissory note - related party | 150 |
| Repayment of promissory note - related party | (312,130) |
| Payment of offering costs | (348,018) |
| Net cash provided by financing activities | 232,340,002 |
| Net Change in Cash | 798,454 |
| Cash – Beginning of period | — |
| Cash – End of period | $798,454 |
| Noncash investing and financing activities: | |
| Offering costs included in accrued offering costs | $4,584 |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares | $17,091 |
| Deferred offering costs paid through promissory note – related party | $274,795 |
| Deferred underwriting fee payable | $9,775,000 |
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