# EDGAR Filing Document

**Accession Number:** 0002086264
**File Stem:** 0001213900-25-122902
**Filing Date:** 2025-12
**Character Count:** 52425
**Document Hash:** 54b5c973dca763fc9c4b091384c52006
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-122902.hdr.sgml**: 20251217

**ACCESSION NUMBER**: 0001213900-25-122902

**CONFORMED SUBMISSION TYPE**: S-1MEF

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20251217

**DATE AS OF CHANGE**: 20251217

**EFFECTIVENESS DATE**: 20251217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vine Hill Capital Investment Corp. II
- **CENTRAL INDEX KEY:** 0002086264
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-1MEF
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-292213
- **FILM NUMBER:** 251580367

**BUSINESS ADDRESS:**
- **STREET 1:** 500 E. BROWARD BLVD.
- **STREET 2:** SUITE 900
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33394
- **BUSINESS PHONE:** 954-848-2859

**MAIL ADDRESS:**
- **STREET 1:** 500 E. BROWARD BLVD.
- **STREET 2:** SUITE 900
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33394

**As filed with the United States Securities and Exchange Commission on December 17, 2025.**

**Registration No. 333-** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-1**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

**Vine Hill Capital Investment Corp. II** 

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Cayman Islands** | **6770** | **98-1898282** |
| (State or other jurisdiction of<br> incorporation or organization) | (Primary Standard Industrial<br> Classification Code Number) | (I.R.S. Employer<br> Identification Number) |

---

**500 E Broward Blvd, Suite 900<br> Fort Lauderdale, FL 33394**

**Telephone: (954) 848-2859**

(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

**Nicholas Petruska<br> Chief Executive Officer<br> c/o Vine Hill Capital Investment Corp. II<br> 500 E Broward Blvd., Suite 900<br> Fort Lauderdale, FL 33394**

**Telephone: (954) 848-2859** 

(Name, address, including zip code, and telephone number, including area code, of agent for service)

**Copies to:**

---

| | | |
|:---|:---|:---|
| **Jonathan Ko, Esq.<br> Paul Hastings LLP<br> 515 South Flower Street,<br> Twenty-Fifth Floor<br> Los Angeles, CA 90071<br> (213) 683-6000** | **Dean Bennett<br> Appleby (Cayman) Ltd.<br> 9<sup>th</sup> Floor, 60 Nexus Way<br> Camana Bay<br> Grand Cayman PO Box 190,<br> KY1-1104<br> (345) 814-2980** | **Alan Annex, Esq.<br> Jason Simon, Esq.<br> Greenberg Traurig, LLP<br> 1750 Tysons Blvd., Suite 1000<br> McLean, VA 22102<br> (703) 749-1300** |

---

**Approximate date of commencement of proposed sale to the public:**

**As soon as practicable after the effective date of this registration statement.**

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. ☐

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒ 333-291793

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**The Registration Statement shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(b) under the Securities Act of 1933, as amended.**

**EXPLANATORY NOTE**

This Registration Statement on Form S-1 is being filed with respect to the registration of (i) 2,875,000 additional units of Vine Hill Capital Investment Corp. II, a Cayman Islands exempted company (the "Registrant"), 375,000 of which are subject to purchase upon exercise of the underwriter's option to purchase additional units of the Registrant, each consisting of one Class A ordinary share and one-third of one redeemable public warrant, and (ii) 958,333 Class A ordinary shares underlying the warrants included in such units, in each case pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and General Instruction V to Form S-1. Each redeemable public whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments, and only whole warrants are exercisable. This Registration Statement relates to the Registrant's Registration Statement on Form S-1, as amended (File No. 333-291793) (the "Prior Registration Statement"), initially filed by the Registrant on November 25, 2025, and declared effective by the Securities and Exchange Commission (the "Commission") on December 17, 2025. The required opinions of counsels and related consents and accountant's consent are attached hereto and filed herewith. Pursuant to Rule 462(b), the contents of the Prior Registration Statement, including the exhibits thereto, are incorporated by reference into this Registration Statement.

**CERTIFICATION**

The Registrant hereby certifies to the Commission that (1) it has instructed its bank to pay the filing fee set forth herein by a wire transfer of such amount to the Commission's account at U.S. Bank as soon as practicable (but no later than the close of business as of December 18, 2025), (2) it will not revoke such instructions, (3) it has sufficient funds in the relevant account to cover the amount of such filing fee and (4) it will confirm receipt of such instructions by its bank during regular business hours no later than December 18, 2025.

**PART II**

**INFORMATION NOT REQUIRED IN PROSPECTUS**

**Item 16. Exhibits and Financial Statement Schedules.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *Exhibits*. All exhibits filed with or incorporated by reference in the Registration Statement on Form S-1 (SEC File No. 333-291793) are incorporated by reference into, and shall be deemed a part of, this Registration Statement, and the following additional exhibits are filed herewith, as part of this Registration Statement:

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 5.1 | [Opinion of Paul Hastings LLP](ea026988301ex5-1_vine2.htm) |
| 5.2 | [Opinion of Appleby (Cayman) Ltd.](ea026988301ex5-2_vine2.htm) |
| 23.1 | [Consent of Withum Smith+Brown, PC](ea026988301ex23-1_vine2.htm) |
| 23.2 | [Consent of Paul Hastings LLP (included in Exhibit 5.1)](ea026988301ex5-1_vine2.htm) |
| 23.3 | [Consent of Appleby (Cayman) Ltd. (included in Exhibit 5.2)](ea026988301ex5-2_vine2.htm) |
| 107 | [Filing Fee Table](ea026988301ex-fee_vine2.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933 the registrant has duly caused this amended registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Fort Lauderdale, State of Florida on the 17<sup>th</sup> day of December, 2025.

---

| | |
|:---|:---|
| **VINE HILL CAPITAL INVESTMENT CORP. II** | **VINE HILL CAPITAL INVESTMENT CORP. II** |
| By: | /s/ Nicholas Petruska |
| Name: | Nicholas Petruska |
| Title: | Chief Executive Officer |

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Name** | **Position** | **Date** |
| /s/ Nicholas Petruska | Chief Executive Officer and Director | December 17, 2025 |
| Nicholas Petruska | (Principal Executive Officer) |  |
| /s/ Daniel Zlotnitsky | Chief Financial Officer | December 17, 2025 |
| Daniel Zlotnitsky | (Principal Financial and Accounting Officer) |  |

---

**AUTHORIZED REPRESENTATIVE**

Pursuant to the requirements of Section 6(a) of the Securities Act of 1933, the undersigned has signed this registration statement, solely in its capacity as the duly authorized representative of Vine Hill Capital Investment Corp. II, in Fort Lauderdale, Florida, on the 17<sup>th</sup> day of December, 2025.

---

| | |
|:---|:---|
| By: | /s/ Nicholas Petruska |
| Name: | Nicholas Petruska |
| Title: | Chief Executive Officer |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

December 17, 2025

Vine Hill Capital Investment Corp. II

500 E Broward Blvd, Suite 900

Fort Lauderdale, FL 33394

Re: Vine Hill Capital Investment Corp. II

Registration Statement on Form S-1 Filed Pursuant to Rule 462(b)

Ladies and Gentlemen:

We have acted as United States counsel to Vine Hill Capital Investment Corp. II, a Cayman Islands exempted company (the "***Company***"), in connection with the preparation and filing with the U.S. Securities and Exchange Commission (the "***Commission***"), pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the "***Securities Act***"), of the Registration Statement on Form S-1 of the Company (the "***462(b) Registration Statement***") relating to the proposed underwritten public offering of up to 2,875,000 additional units (the "***Units***") of the Company (which includes up to 375,000 Units that may be issued and sold pursuant to the exercise of an over-allotment option granted to the Underwriters (as defined below)), with each Unit consisting of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) one Class A ordinary share of the Company, par value $0.0001 per share (each, a "***Class A Ordinary Share***," and the Class A Ordinary Shares underlying the Units, the "***Shares***"); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) one-third of one redeemable warrant of the Company (each whole warrant, a "***Warrant***"), with each whole Warrant entitling the holder to purchase one Class A Ordinary Share, to be issued under a Warrant Agreement (the "***Warrant Agreement***") to be entered into by the Company and Continental Stock Transfer & Trust Company, as warrant agent (in such capacity, the "***Warrant Agent***"),

pursuant to the terms of an Underwriting Agreement (the "***Underwriting Agreement***") to be executed by and between the Company and Stifel Nicolaus & Company, Incorporated, as representative of the several underwriters named therein (collectively, the "***Underwriters***").

This opinion letter is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act. The 462(b) Registration Statement relates to the Company's Registration Statement on Form S-1 (File No. 333-291793) (as amended, the "***Registration Statement***") including a related prospectus filed with the Registration Statement (the "***Prospectus***"), initially filed by the Company with the Commission on November 25, 2025, and declared effective by the Commission on December 17, 2025.

In connection with this opinion letter, we have examined and relied upon the Registration Statement and the 462(b) Registration Statement, the Prospectus, the form of Underwriting Agreement, the form of Warrant Agreement, the form of Unit Certificate, filed as Exhibit 4.1 to the Registration Statement (the "***Unit Certificate***"), and the originals or copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinions expressed below. We have also examined and relied upon the accuracy of the opinion letter of Appleby (Cayman) Ltd., Cayman Islands counsel for the Company, dated the date hereof and filed as Exhibit 5.2 to the 462(b) Registration Statement (the "***Appleby Opinion***") and made such investigations of law as we have deemed necessary or appropriate as a basis for the opinions set forth herein.

Paul Hastings LLP \| 200 Park Avenue \| New York, NY 10166

t: +1.212.318.6000 \| www.paulhastings.com

![](ex5-1_001.jpg)

Vine Hill Capital Investment Corp. II

December 17, 2025

In such examination and in rendering the opinions expressed below, we have assumed, without independent investigation or verification: (i) the genuineness of all signatures on all agreements, instruments, corporate records, certificates and other documents submitted to us; (ii) the legal capacity, competency and authority of all individuals executing documents submitted to us; (iii) the authenticity and completeness of all agreements, instruments, corporate records, certificates and other documents submitted to us as originals; (iv) that all agreements, instruments, corporate records, certificates and other documents submitted to us as certified, electronic, facsimile, conformed, photostatic or other copies conform to the originals thereof, and that such originals are authentic and complete; (v) the due authorization, execution and delivery of all agreements, instruments, corporate records, certificates and other documents by all parties thereto; (vi) that no documents submitted to us have been amended or terminated orally or in writing; (vii) that the statements contained in the certificates and comparable documents of public officials, officers and representatives of the Company and other persons on which we have relied for the purposes of this opinion letter are true and correct on and as of the date hereof; (viii) that the Company has the corporate power and authority to execute, deliver and perform all its obligations under the Underwriting Agreement and the Warrant Agreement; (ix) neither the execution and delivery by the Company of the Underwriting Agreement and the Warrant Agreement nor the performance by the Company of its obligations thereunder (1) conflicts or will conflict with the Amended and Restated Memorandum and Articles of Association of the Company, (2) constitutes or will constitute a violation of, or a default under, any lease, indenture, instrument or other agreement to which the Company or its property is subject (except that we do not make this assumption with respect to those agreements or instruments expressed to be governed under the laws of the State of New York which are listed in Part II of the Registration Statement), (3) contravenes or will contravene any order or decree of any governmental authority to which the Company or its property is subject, or (4) violates or will violate any law, rule or regulation to which the Company or its property is subject (except that we do not make the assumption set forth in this clause (4) with respect to the laws of the State of New York); (x) neither the execution and delivery by the Company of the Underwriting Agreement and the Warrant Agreement nor the performance by the Company of its obligations thereunder requires or will require the consent, approval, licensing or authorization of, or any filing, recording or registration with, any governmental authority under any law, rule or regulation of any jurisdiction; (xi) that the Underwriting Agreement is the valid and binding obligation of each of the parties thereto, enforceable against such parties in accordance with its terms; (xii) that all documents filed as exhibits to the 462(b) Registration Statement and the Registration Statement that have not been executed will conform to the forms thereof; (xiii) that at or prior to the time of the delivery of any Units, the Board of Directors of the Company shall have duly established the terms of the Units and the Shares and the Warrants included therein and duly authorized the issuance and sale of the Units and such authorization shall not have been modified or rescinded; (xiv) the 462(b) Registration Statement and the Registration Statement shall have been declared effective and such effectiveness shall not have been terminated or rescinded; and (xv) the Warrant Agreement to be entered into in connection with the Warrants has been duly authorized, executed and delivered by the Warrant Agent and the Company, and is a valid, binding and enforceable agreement of each party thereto.

We have also assumed, in reliance on the Appleby Opinion, that (i) the Company is incorporated and validly existing under the laws of the Cayman Islands; (ii) the Company has all requisite power and authority to execute and deliver, and to perform its obligations under the certificates evidencing the Units and the Shares and the Warrants included therein; and (iii) the certificates evidencing the Units, the Shares, and the Warrants to which the Company is a party have been duly authorized, executed and delivered by the Company under the laws of the Cayman Islands. As to all questions of fact material to this opinion letter and as to the materiality of any fact or other matter referred to herein, we have relied (without independent investigation or verification) upon representations and certificates or comparable documents of officers and representatives of the Company.

![](ex5-1_001.jpg)

Vine Hill Capital Investment Corp. II

December 17, 2025

Based upon the foregoing, and in reliance thereon, and subject to the assumptions, exceptions, qualifications and limitations set forth herein, we are of the opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. When (i) the Underwriting Agreement has been duly executed and delivered by the respective parties thereto and (ii) the Units have been duly issued by the Company and executed by Continental Stock Transfer & Trust Company, as transfer agent, as contemplated by the Registration Statement, the Units will be valid and binding obligations of the Company, enforceable against the Company in accordance with their terms except as such enforceability may be limited by (A) any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally including, without limitation, fraudulent transfer or fraudulent conveyance laws; (B) public policy considerations, statutes or court decisions that may limit rights to obtain exculpation, indemnification or contribution (including, without limitation, indemnification regarding violations of the securities laws and indemnification for losses resulting from a judgment for the payment of any amount other than in United States dollars); and (C) general principles of equity (including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing) and the availability of equitable remedies (including, without limitation, specific performance and equitable relief), regardless of whether considered in a proceeding in equity or at law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. When (i) the Underwriting Agreement and the Warrant Agreement have been duly executed and delivered by the respective parties thereto and (ii) the Warrants have been duly executed by the Company and duly countersigned by the Warrant Agent in accordance with the terms of the Warrant Agreement and delivered to and paid for by the Underwriters pursuant to the terms of the Underwriting Agreement, the Warrants will be valid and binding obligations of the Company, enforceable against the Company in accordance with their terms except as such enforceability may be limited by (A) any applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally including, without limitation, fraudulent transfer or fraudulent conveyance laws; (B) public policy considerations, statutes or court decisions that may limit rights to obtain exculpation, indemnification or contribution (including, without limitation, indemnification regarding violations of the securities laws and indemnification for losses resulting from a judgment for the payment of any amount other than in United States dollars); and (C) general principles of equity (including, without limitation, concepts of materiality, reasonableness, good faith and fair dealing) and the availability of equitable remedies (including, without limitation, specific performance and equitable relief), regardless of whether considered in a proceeding in equity or at law.

Without limiting any of the other limitations, exceptions, assumptions and qualifications stated elsewhere herein, we express no opinion with regard to the applicability or effect of the laws of any jurisdiction other than the laws of the State of New York as in effect on the date hereof. We are not rendering any opinion as to compliance with any federal or state antifraud law, rule or regulation relating to securities, or to the sale or issuance thereof. We express no opinion herein as to any foreign law or regulation or as to the effect or lack of effect of any foreign law or regulation on any opinion expressed herein. We have not acted as counsel for the Company with respect to matters of Cayman Islands law, or other applicable foreign law.

![](ex5-1_001.jpg)

Vine Hill Capital Investment Corp. II

December 17, 2025

This opinion letter deals only with the specified legal issues expressly addressed herein, and you should not infer any opinion that is not explicitly stated herein from any matter addressed in this opinion letter. This opinion letter is rendered solely in connection with the offering of the Units. This opinion letter is rendered as of the date hereof, and we assume no obligation to advise you or any other person with regard to any change after the date hereof in the circumstances or the law that may bear on the matters set forth herein even if the change may affect the legal analysis or a legal conclusion or other matters in this opinion letter.

We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the 462(b) Registration Statement. In giving such consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules or regulations of the Commission thereunder.

---

| |
|:---|
| Very truly yours, |
| /s/ Paul Hastings LLP |

---

## Exhibit 5.2

**Exhibit 5.2**

![](ex5-2_001.jpg)

---

| | |
|:---|:---|
| **Vine Hill Capital Investment Corp. II** | **Email** dbennett@applebyglobal.com |
| PO Box 500, 71 Fort Street |  |
| Grand Cayman KY1-1106 | **Direct Dial** +1 345 814 2980 |
| Cayman Islands | **Direct Fax** +1 345 949 4901 |
|  | **Tel** +1 345 949 4900 |
| (the **Addressee**) |  |
|  | **Your Ref** |
|  | **Appleby Ref** 472438.0001/DB |
|  | 17 December 2025 |

---

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| | |
|:---|:---|
| Cayman Office<br>Appleby (Cayman) Ltd.<br> 9th Floor, 60 Nexus Way<br> Camana Bay, Grand Cayman<br> PO Box 190, KY1-1104<br> Cayman Islands<br>Tel +1 345 949 4900 | **Vine Hill Capital Investment Corp. II** (the **Company**)<br>**INTRODUCTION**<br>We have acted as counsel as to Cayman Islands law to the Company in connection with the Company's registration statement on Form S-1, including all amendments or supplements thereto, filed with the United States Securities and Exchange Commission (the **Commission**) under the United States Securities Act of 1933, as amended (the **Securities Act**) (including the prospectus forming a part thereof and its exhibits, the **Registration Statement**) for the purposes of registering with the Commission pursuant to Rule 462(b) under the Securities Act the offering and sale of an additional: |

---

(a) up to 2,875,000 units (including up to 375,000 units which may be issued
upon exercise of a 45-day option granted to the underwriter(s), for whom Stifel Nicolaus & Company, Incorporated are acting as representative
(**Representative**), to cover over-allotments, if any) (each, a **Unit** and together, the **Units**), each Unit consisting
of one Class A ordinary share of the Company of a par value of US$0.0001 each (each, an **Ordinary Share** and together, the **Ordinary Shares**) and one-third of one redeemable warrant of the Company, each whole warrant exercisable to purchase one Ordinary Share (each,
a **Warrant** and together, the **Warrants**);

(b) all Ordinary Shares and all Warrants issued as part of the Units; and

(c) all Ordinary Shares that may be issued upon exercise of the Warrants included in the Units.

This opinion is given in accordance with the terms of the Legal Matters section of the Registration Statement and in connection with the documents listed in Part 1 of Schedule 1 (the **Documents**).

---

| |
|:---|
| **OUR REVIEW** |
| For the purposes of giving this opinion we have examined and relied upon the Documents and the documents listed in Part 2 of Schedule 1. We have not examined any other documents, even if they are referred to in the Documents. |
| We have not made any other enquiries concerning the Company and in particular we have not investigated or verified any matter of fact or opinion (whether set out in any of the Documents or elsewhere) other than as expressly stated in this opinion. Furthermore, we have made no independent investigation of any laws other than the laws of the Cayman Islands. |
| **LIMITATIONS** |
| Our opinion is limited to, and should be construed in accordance with, the laws of the Cayman Islands at the date of this opinion. We express no opinion on the laws of any other jurisdiction. |
| This opinion is limited to the matters stated in it and does not extend, and is not to be extended by implication, to any other matters. We express no opinion on the commercial implications of the Documents or whether they give effect to the commercial intentions of the parties. Except as specifically stated herein, we make no comment with respect to any representations and warranties which may be made by or with respect to the Company in any of the documents or instruments cited in this opinion or otherwise with respect to the commercial terms of the transactions the subject of this opinion. |
| This opinion is addressed to the Addressee in connection with the matters referred to herein and may be relied upon only by the Addressee, the Addressee's counsel and purchasers of Units pursuant to the Registration Statement. Except with our prior written consent, this opinion may not be used or relied upon by any other person. This opinion is issued solely for the purposes of the filing of the Registration Statement and the offering of the Units by the Company and is not to be relied upon in respect of any other matter. |
| We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the references to our firm, as Cayman Islands counsel to the Company, in the Registration Statement. In giving this consent we do not hereby admit that we are experts within the meaning of Section 11 of the Securities Act or that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission promulgated thereunder. |

---

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| |
|:---|
| **ASSUMPTIONS AND RESERVATIONS** |
| We give the following opinions on the basis of the assumptions set out in Schedule 2 (**Assumptions**), which we have not verified, and subject to the reservations set out in Schedule 3 (**Reservations**). |
| **OPINIONS** |

---

1. **Incorporation and Status**: The Company is an exempted company incorporated with limited liability
and existing under the laws of the Cayman Islands and is a separate legal entity. The Company is in good standing with the Registrar of
Companies of the Cayman Islands.

2. **Issue of Ordinary Shares comprising the Units:** The Ordinary Shares to be issued by the Company
as part of the Units as contemplated by the Registration Statement have been duly authorised for issue, and when issued by the Company
against payment in full of the consideration as set out in the Registration Statement and in accordance with the terms set out in the
Registration Statement, the Underwriting Agreement (as defined in Schedule 1) and the Amended and Restated Memorandum and Articles (as
defined in Schedule 1), such Ordinary Shares will be validly issued, fully paid and non-assessable (meaning that no further sums are payable
to the Company on such shares). As a matter of Cayman Islands law, a share is only issued when it has been entered in the register of
members (shareholders).

3. **Issue of Ordinary Shares upon exercise of the Warrants:** The Ordinary Shares to be issued
by the Company upon exercise of the Warrants as contemplated by the Warrant Documents (as defined in Schedule 1) have been duly authorised
for issue, and when issued by the Company against payment in full of the consideration as set out in the Registration Statement and in
accordance with the terms set out in the Registration Statement, the Warrant Documents and the Amended and Restated Memorandum and Articles,
such Ordinary Shares will be validly issued, fully paid and non-assessable (meaning that no further sums are payable to the Company on
such shares). As a matter of Cayman Islands law, a share is only issued when it has been entered in the register of members (shareholders).

4. **Authorisation**: The Company has taken all necessary corporate action to authorise the execution
and delivery of the Documents and the performance of the Company's obligations under them.

![](ex5-2_001.jpg)

5. **Execution and Binding Obligations**: The Documents will, upon due execution and delivery by the Company
in accordance with the Resolutions, each constitute legal, valid and binding obligations of the Company, enforceable against the Company.

---

| |
|:---|
| Yours faithfully |
| /s/ Appleby (Cayman) Ltd. |
| **Appleby (Cayman) Ltd.** |

---

---

| |
|:---|
| **Schedule 1** |
| **Part 1** |
| **The Documents** |

---

1. Copies of the following documents:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a draft of the form of unit certificate constituting the
Units; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a draft of the form of the warrant agreement to be entered
into by and between the Company and Continental Stock Transfer & Trust Company as warrant agent and the warrant certificate constituting
the Warrants (together, the **Warrant Documents**).

---

| |
|:---|
| **Part 2** |
| **Other Documents Examined** |

---

1. A copy of the certificate of incorporation of the Company dated 18
August 2025 (the **Certificate of Incorporation**).

2. A copy of the amended and restated
 memorandum and articles of association of the Company adopted by special resolution dated
 17 December 2025 (the **Amended and Restated Memorandum and Articles**).

3. A copy of the certificate of good standing dated 17 December 2025 issued
by the Registrar of Companies in respect of the Company (the **Certificate of Good Standing**).

4. A copy of the executed written resolutions of the sole director of the Company dated 21 August 2025,
 a copy of the executed written resolutions of the sole director of the Company dated 16 September 2025, a copy of the executed
 written resolutions of the sole director of the Company dated 3 December 2025, a copy of the executed written resolutions of the
 sole director of the Company dated 16 December 2025 and a copy of the written resolutions of the pricing committee of the board of
 directors of the Company dated 17 December 2025 (together, the **Resolutions**).

5. A copy of the register of directors
 and officers of the Company dated 24 November 2025 (**Register of Directors and Officers**).

6. A copy of the register of members of
 the Company dated 24 November 2025 (**Register of Members**).

7. A copy of the register of mortgages
 and charges of the Company dated 24 November 2025.

8. The Registration Statement.

9. A draft of the form of the underwriting agreement to be entered into
by and between the Company and the Representative (the **Underwriting Agreement**).

For the purposes of Schedule 2 (Assumptions) and Schedule 3 (Reservations) only, the Underwriting Agreement shall be included in the definition of **Documents**.

---

| |
|:---|
| **Schedule 2** |
| **Assumptions** |

---

We have assumed:

1. (i) that the originals of all documents examined in connection with this opinion are authentic, accurate
and complete; and (ii) the authenticity, accuracy, completeness and conformity to original documents of all documents submitted to us
as copies;

2. that the signatures, initials and seals on all documents and certificates submitted to us as originals
or copies of executed originals are authentic, and the signatures and initials on any Document executed by the Company are the signatures
and initials of a person or persons authorised by the Company by the Resolutions to execute such Document;

3. that where incomplete documents, drafts or signature pages only have been supplied to us for the purposes
of issuing this opinion, the original documents have been duly completed and correspond in all material respects with the last version
of the relevant documents examined by us prior to giving our opinion;

4. that the Registration Statement and the Documents do not differ in
any material respects from any draft of the same which we have examined and upon which this opinion is based;

5. that each of the parties to the Documents (other than the Company under Cayman Islands law) is incorporated,
organised or registered (as the case may be) and in good standing (where such concept is legally relevant) under the laws which govern
its capacity and has the capacity, power and authority, has fulfilled all internal authorisation procedures and completed all applicable
filings and formalities, and has obtained all authorisations, approvals, consents, licences and exemptions required under the laws of
any relevant jurisdiction to execute, deliver and perform its respective obligations under the Documents and the transactions contemplated
thereby and has taken all necessary corporate and other action required and completed all applicable formalities required to authorise
the execution of the Documents and the performance of its obligations under them;

6. the due execution and delivery of the Documents by each of the parties thereto (other than execution by
the Company under Cayman Islands law);

7. that the Documents constitute, or, when executed, will constitute, legal, valid, binding and enforceable
obligations of all parties thereto (save for the Company under Cayman Islands law) in accordance with their governing law;

![](ex5-2_001.jpg)

8. that any choice of laws as the governing law in the Documents has been made in good faith and is valid
and binding under the laws of all relevant jurisdictions (other than the Cayman Islands);

9. that, insofar as any obligation under the Documents is to be performed by any of the parties thereto in
any jurisdiction outside of the Cayman Islands, its performance will be legal and effective in accordance with the law of any jurisdiction
to which it is subject or in which it is constituted and established;

10. that no party to the Documents by having entered into and performing the transactions contemplated by
the Documents will be in breach of any other agreement, deed, trust deed or licence to which it is a party or by which it is bound;

11. the truth, accuracy and completeness of all representations and warranties or statements of fact or law
(other than as to the laws of the Cayman Islands in respect of matters upon which we have expressly opined) made in the Documents;

12. that the Company was not (or upon execution will not be) unable to pay its debts as they became due when
it executed (or executes) the Documents and did (or will) not become unable to do so as a result of the execution and delivery of the
Documents or the performance of its obligations under the Documents;

13. that (i) the Documents are in the form of the documents approved in the Resolutions, (ii) any meetings
at which the Resolutions were passed were duly convened and had a duly constituted quorum present and voting throughout, (iii) all interests
of the directors of the Company on the subject matter of the Resolutions, if any, were declared and disclosed in accordance with the law
and the memorandum and articles of association of the Company, (iv) the Resolutions have not been revoked, amended or superseded, in whole
or in part, and remain in full force and effect at the date of this opinion, and (v) the directors of the Company have concluded that
the entry by the Company into the Documents and such other documents approved by the Resolutions and the transactions contemplated thereby
are *bona fide* in the best interests of the Company and for a proper purpose of the Company;

14. that (i) the Register of Directors and Officers accurately reflects the names of all directors and officers
of the Company and (ii) the Register of Members accurately reflects the names of all members of the Company as at the dates the Resolutions
were passed or adopted, the date the Documents were executed and as at the date of this opinion;

15. that no monies paid to or for the account of any party under the Documents or any property received or
disposed of by any party to the Documents in each case in connection with the Documents or the consummation of the transactions contemplated
thereby represent or will represent proceeds of criminal conduct or criminal property or terrorist property (as defined in the Proceeds
of Crime Act (As Revised) of the Cayman Islands and the Terrorism Act (As Revised) of the Cayman Islands, respectively);

![](ex5-2_001.jpg)

16. that there are no records of the Company, agreements, documents or
arrangements other than the Amended and Restated Memorandum and Articles, the Resolutions and the documents expressly referred to herein
as having been examined by us which materially affect, amend or vary the transactions contemplated in the Documents or restrict the powers
and authority of the directors of the Company in any way which would affect opinions expressed herein;

17. that there is no matter affecting the authority of the directors of
the Company to effect entry by the Company into the Documents including breach of duty, lack of good faith, not disclosed by the Amended
and Restated Memorandum and Articles or the Resolutions, which would have any adverse implications in relation to the opinions expressed
herein;

18. that no invitation has been or will be made by or on behalf of the Company to the public in the Cayman
Islands to subscribe for any of the Units, the Ordinary Shares or the Warrants;

19. the Company will receive money or money's worth in consideration for the issue of the Ordinary Shares
and none of the Ordinary Shares were or will be issued for less than par value;

20. that the directors or members of the Company have not taken any steps to have the Company struck off or
placed in liquidation, no steps have been taken to wind up the Company and no receiver has been appointed over any of the Company's
property or assets;

21. that all preconditions to the obligations of the parties to the Documents will be satisfied or duly waived
prior to the issue and sale of the Units, the Ordinary Shares and the Warrants and there will be no breach of the terms of the Documents;

22. that the Registration Statement has been, or will be, declared effective by the Commission and the Units,
Ordinary Shares and Warrants have been, or will be, duly registered or qualified for sale and issuance in accordance with the Securities
Act prior to the issuance of the Units, the Ordinary Shares and the Warrants;

23. that the Ordinary Shares have been, or will be, duly registered, and will continue to be registered, in
the Company's register of members; and

24. that there are no matters of fact or law (excluding matters of Cayman Islands law) affecting the enforceability
of the Documents that have arisen since the execution of the Documents which would affect the opinions expressed herein.

---

| |
|:---|
| **Schedule 3** |
| **Reservations** |

---

Our opinion is subject to the following:

1. **Enforcement**: The term "enforceable" as used in this opinion means that there is a way
of ensuring that each party performs an agreement or that there are remedies available for breach. Notwithstanding that the obligations
established by the Documents are obligations which the Cayman Islands courts would generally enforce, they may not necessarily be capable
of enforcement in all circumstances in accordance with their terms. In particular, but without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) enforcement and priority may be limited by laws relating
to bankruptcy, insolvency, reorganisation, liquidation, court schemes, schemes of arrangements, moratoriums or other laws of general
application relating to, or affecting the rights of, creditors generally;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) enforcement may be limited by the principles of unjust enrichment
or by general principles of equity and we express no opinion as to the availability of equitable remedies or as to any matters which
are within the discretion of the courts of the Cayman Islands, even where such remedies are included in the Documents (for example equitable
remedies such as the grant of an injunction or an order for specific performance may not be available where liquidated damages are considered
an adequate remedy);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) claims may become barred by prescription or may be or become
subject to defences of set-off, counterclaim, estoppel and similar defences;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) obligations to be performed outside the Cayman Islands may
not be enforceable in the Cayman Islands to the extent that performance would be illegal or contrary to public policy under the laws
of that foreign jurisdiction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) enforcement may be limited to the extent that matters which
we have expressly assumed in this opinion will be done, have not been done;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the enforcement of the obligations of the parties to the
Documents may be limited by the law applicable to obligations held to have been frustrated by events happening after their execution;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) enforcement of obligations may be invalidated by reason of
fraud, duress, mistake, misrepresentation, or undue influence;

![](ex5-2_001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) where the performance of payment obligations is contrary
to the exchange control regulations of any country in the currency of which such amounts are payable, such obligations may not be enforceable
in the Cayman Islands;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any provision of any Document governed by the laws of the
Cayman Islands purporting to impose an obligation on a person who is not a party to it (a **Third Party**) is unenforceable against
that Third Party and any provision in a Document governed by the laws of the Cayman Islands purporting to grant rights to a Third Party
is unenforceable by that Third Party except to the extent that the relevant Document expressly provides that the Third Party may, in
its own right, enforce such rights in accordance with (and subject to) the Contracts (Rights of Third Parties) Act, 2014; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) matters of procedure on enforcement of the Documents and *forum conveniens* will be governed by and determined in accordance with the *lex fori*.

2. **Good Standing**: Our opinion as to good standing is based solely upon receipt of the Certificate
of Good Standing issued by the Registrar of Companies. The Company shall be deemed to be in good standing under section 200A of the Companies
Act (As Revised) of the Cayman Islands (the **Companies Act**) on the date of issue of the certificate if all fees and penalties under
the Companies Act have been paid and the Registrar of Companies has no knowledge that the Company is in default under the Companies Act.

3. **Fettering of Statutory Powers:** We express no opinion as to the validity or binding effect of any
provision in the Documents which provides that the Company will not exercise its statutory powers. This may constitute an unlawful fetter
on the statutory powers of the Company.

4. **Title**: Legal title to the Ordinary Shares is determined (in the absence of fraud, manifest
error or other extraordinary circumstances) by reference to the register of members maintained by the Company (usually but not always
at its registered office); however, there are certain limited circumstances where an application may be made to a Cayman Islands court
for a determination on whether the register of members reflects the correct legal position. Further, the Cayman Islands court has the
power to order that the register of members maintained by a company should be rectified where it considers that the register of members
does not reflect the correct legal position. As far as we are aware, such applications are rarely made in the Cayman Islands and
for the purposes of the opinions given in paragraphs 2 and 3, there are no circumstances or matters of fact known to us on the date of
this opinion which would properly form the basis for an application for an order for rectification of the register of members of the Company,
but if such an application were made in respect of the Ordinary Shares, then the validity of such shares may be subject to re-examination
by a Cayman Islands court.

![](ex5-2_001.jpg)

5. **Non-Assessable**: In this opinion, the phrase "non-assessable" means, with respect to
the issuance of any shares, that a shareholder shall not, in respect of the relevant shares and in the absence of any contractual arrangements,
or any obligations pursuant to the memorandum and articles of association, to the contrary, have any obligation to make further contributions
to the Company's assets (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship
or an illegal or improper purpose or other circumstance in which a court may be prepared to pierce or lift the corporate veil).

6. **Corporate Documents:** The Registry of Companies in the Cayman Islands is not public in the sense
that copies of the memorandum and articles of association of the Company and information on shareholders is not publicly available and
information on directors is limited. We have therefore obtained copies of the corporate documents specified in Schedule 1 and relied exclusively
on such copies for the verification of such corporate information.

7. **Document with an "as of" Date**: We express no opinion on the effectiveness of the date
of any Document which is dated as of or with effect from a date prior to that on which it is authorised, executed, and delivered by all
parties thereto.

## Exhibit 23.1

**Exhibit 23.1**

**Consent of Independent Registered Public Accounting Firm**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-1 pursuant to rule 462(b) under the Securities Act of 1933, as amended, of our report dated September 16, 2025, relating to the financial statements of Vine Hill Capital Investment Corp. II as of August 25, 2025 and for the period from August 18, 2025 (inception) through August 25, 2025, appearing in the Registration Statement on Form S-1, File No. 333-289152.

/s/ WithumSmith+Brown, PC

New York, New York

December 17, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-1**

**Vine Hill Capital Investment Corp. II**

**Table 1: Newly Registered and Carry Forward Securities**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Line Item Type** | **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* |
| Fees to be Paid | Equity | Units | (1) | 457(a) | 2875000 | $10.00 | $28750000.00 | 0.0001381 | $3970.38 |
| Fees to be Paid | Equity | Class A ordinary shares included as part of the units | (2) | 457(a) | 2875000 | 0.00 | 0.00 | 0.0001381 | 0.00 |
| Fees to be Paid | Equity | Redeemable warrants to acquire one Class A ordinary share included as part of the units | (3) | 457(a) | 958333 | 0.00 | 0.00 | 0.0001381 | 0.00 |
| Fees to be Paid | Equity | Class A ordinary shares underlying redeemable warrants included as part of the units | (4) | 457(a) | 958333 | $11.50 | $11020829.50 | 0.0001381 | $1521.98 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $39770829.50 |  | 5492.36 |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  | 0.00 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $5492.36 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) (1.a) Each unit consisting of one Class A ordinary share and one-third of one redeemable public warrant to purchase one Class A ordinary share. (1.b) Estimated solely for the purpose of computing the registration fee pursuant to Rule 457(a) of the Securities Act. (1.c) The Registrant previously registered securities having a proposed maximum aggregate offering price of $278,395,830.00 on its Registration Statement on Form S-1, as amended (File No. 333-291793), which became effective on December 17, 2025. In accordance with Rule 462(b) under the Securities Act, an additional number of securities having a proposed maximum offering price of $39,770,829.50 is hereby registered, which includes securities issuable upon the exercise of the underwriters' over-allotment option.

&nbsp;&nbsp;&nbsp;&nbsp;(2) See offering note 1.b (2.a) Pursuant to Rule 416, there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from share splits, share capitalizations or similar transactions. (2.b) No fee pursuant to Rule 457(g).

&nbsp;&nbsp;&nbsp;&nbsp;(3) See offering notes 1.b and 2.b

&nbsp;&nbsp;&nbsp;&nbsp;(4) See offering notes 1.b and 2.a