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

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-06-27
Form: S-1
Chunk 27
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| Pyrophyte Acquisition II LLC                                                      | Repayment in cash                                                                                                                                       | Up to $300,000 of loans made to us to cover offering related and organizational expenses                                                                                                                                                                      |
| Independent director nominees                                                     | 30,000 Class B Ordinary Shares for each independent director nominee                                                                                    | $90 (approximately $0.003 per share)                                                                                                                                                                                                                          |
| Pyrophyte Acquisition II LLC, officers, directors, or their respective affiliates | Repayment in cash or in private placement warrants at a conversion price of $1.00 per warrant                                                           | Working capital loans to finance transaction costs in connection with an initial business combination. Up to $1,500,000 of such loans may be converted at the option of the lender into private placement warrants at a conversion price of $1.00 per warrant |

____________ (1)Assumes surrender of 946,428 founder shares. Up to 946,428 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (2) As described below under “ The Offering—Founder shares conversion and anti -dilution rights,” the Class B ordinary shares and Class A ordinary shares issuable in connection with the conversion of the founder shares may result in material dilution to our public shareholders due to the nominal price of $25,000, or $0.003 per founder share, at which our sponsor purchased the founder shares and/or the anti -dilutionrights of our Class B ordinary shares that may result in an issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion. Further, if we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number

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of founder shares at 26.5% of our issued and outstanding ordinary shares upon the consummation of this offering. Such adjustment may result in material dilution to our public shareholders. Our sponsor, directors and officers and their affiliates may receive additional compensation and/or may be issued additional securities in connection with an initial business combination, including securities that may result in material dilution to public shareholders. For more information also see below under “ The Offering—Payments to insiders” and “The Offering—Additional financing.” For more information on the dilutive effect of