Company: PAII-WT
Filing Date: 2025-06-27
Form Type: S-1
Source: 0001213900-25-059054
Chunk: 353

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-06-27
Form: S-1
Chunk 353
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, 2025 (inception) through May 5, 2025 relates to the Company’s formation and this offering. The Company will not generate any operating revenues until after the completion of its initial business combination, at the earliest. The Company will generate non -operatingincome in the form of interest income on cash and cash equivalents from the proceeds derived from this offering. The Company has selected December 31 as its fiscal year end. The Company’s sponsor is Pyrophyte Acquisition II LLC. The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through an offering of 17,500,000 units at $10.00 per unit (or 20,125,000 units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3, and the sale of an aggregate of 5,050,000 private placement warrants at a price of $1.00 per unit, to the sponsor, or an affiliate of the sponsor, and independent director nominees, in a private placement that will close simultaneously with the closing of this offering. Each private placement warrant is exercisable to purchase one whole Class A ordinary share at a price of $11.50 per share. The private placement warrants will become exercisable 30 days after the completion of the initial business combination, and will expire five years after the completion of the Company’s initial business combination or earlier upon redemption or the liquidation of the Company, as described in this prospectus. None of the private placement warrants will be redeemable by the Company. The Company’s business combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the net balance in the trust account described below (excluding the amount of deferred underwriting discounts held and taxes payable on the income earned on the trust account) at the time of the signing of an agreement to enter into a business combination. However, the Company will only complete a business combination if the post -businesscombination company owns or acquires 50% or more of the outstanding voting securities of the target or is otherwise not required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully effect a business combination. Upon the closing of this offering, management has agreed that an aggregate of $10.00 per unit sold in the offering will be held in a trust account and initially be invested only in