Company: PAII-WT
Filing Date: 2025-06-27
Form Type: S-1
Source: 0001213900-25-059054
Chunk: 170

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-06-27
Form: S-1
Chunk 170
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 |     |                |  23,809,524 |   |     |           |  27,380,952 |   |     |                |  19,434,524 |   |     |           |  22,349,702 |   |     |                |  15,059,524 |   |     |           |   17,318,452 |   |     |                |   10,684,524 |   |     |           |   12,287,202 |   |     |             |    6,309,524 |   |     |           |    7,255,952 |   |

| 118 |

| Dilution |

For purposes of presenting the maximum redemption scenario, we have reduced our pro forma net tangible book value after this offering (assuming no exercise of the underwriters’ over -allotmentoption) by $175,000,000 because holders of up to approximately 100% of our public shares may redeem their shares for a pro rata share of the aggregate amount then on deposit in the trust account at a per share redemption price equal to the amount in the trust account as set forth in our tender offer or proxy materials (initially anticipated to be the aggregate amount held in trust two business days prior to the commencement of our tender offer or shareholders meeting, including interest earned thereon (net of taxes paid or payable), divided by the number of the then issued and outstanding public shares). The following table sets forth information (i) with respect to our initial shareholders, who hold our Class B ordinary shares and the private placement warrants, and the public shareholders, and (ii) that was used determine the net tangible book value per share, as presented in this section:

|                            | Shares Purchased |            |                  | Total         
 Consideration 
 Percentage    |   Average 
     Price 
 Per Share |
|                            |           Number | Percentage |           Amount |               |           |
| Class B Ordinary Shares(1) |        6,309,524 | 26.5%      | $         25,000 | 0.01%         |    $0.003 |
| Public Shareholders        |       17,500,000 | 73.5%      |     $175,000,000 | 99.9%         |    $10.00 |

____________ (1)Assumes no exercise of the underwriters’ over -allotmentoption and the corresponding