Company: PAII-WT
Filing Date: 2025-06-27
Form Type: S-1
Source: 0001213900-25-059054
Chunk: 368

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-06-27
Form: S-1
Chunk 368
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 per over -allotmentunit, or up to an additional $1,575,000 (or $9,450,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full), will be deposited in the trust account as deferred underwriting commissions and released to UBS only upon the completion of an initial business combination. NOTE 7—SHAREHOLDER’S EQUITY Preference Shares—The Company is authorized to issue 1,000,000 preference shares with a par value of $0.0001 per share with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. At May 5, 2025, there were no preference shares issued or outstanding. Class A Ordinary Shares—The Company is authorized to issue a total of 200,000,000 Class A ordinary shares at par value of $0.0001 each. At May 5, 2025, there were no Class A ordinary shares issued or outstanding. Class B Ordinary Shares—The Company is authorized to issue a total of 20,000,000 Class B ordinary shares at par value of $0.0001 each. On May 5, 2025, the Company issued 7,255,952 Class B ordinary shares to the sponsor for $25,000, or approximately $0.003 per share. The founder shares include an aggregate of up to 946,428shares subject to forfeiture if the over -allotmentoption is not exercised by the underwriters in full. At May 5, 2025, there were 7,255,952 Class B ordinary shares issued and outstanding.

| F-16 |

| Pyrophyte Acquisition Corp. II      
 Notes to financial statements       
 NOTE 7—SHAREHOLDER’S EQUITY (cont.) |

The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Company’s initial business combination (with such conversion taking place immediately prior to, simultaneously with, or immediately following the time of the initial business combination, as may be determined by the Company’s directors) or earlier at the option of the holder on a one -for -onebasis (subject to adjustment for share subdivisions, share dividends, reorganizations, recapitalizations and the like), and subject to further adjustment as provided herein. In the case that additional Class A ordinary shares, or equity -linkedsecurities, are issued or deemed issued in excess of the amounts sold in