Alussa Energy Acquisition Corp. II closes $287.5 million IPO of 28.75 million units
Alussa Energy Acquisition Corp. II, a blank-check company with no operating business, completed its initial public offering on November 14, 2025, selling 28,750,000 units at $10.00 each for gross proceeds of $287.5 million. The full $287.5 million has been placed in a U.S.-based trust account, and the funds can generally be released only to complete a business combination or to redeem public shares if no combination is completed within 24 months.
Key points
- Units sold at $10.00 each, including 3,750,000 units from the underwriter's full over-allotment exercise, for gross proceeds of $287.5 million.
- Sponsor Alussa Energy Sponsor II LLC bought 2,500,000 private placement warrants at $1.00 each, for total proceeds of $2.5 million.
- As of November 14, 2025, $287.5 million was held in the trust account, with release limited to a business combination or redemption if none is completed within 24 months.
- The audited balance sheet as of November 14, 2025 shows cash of $1,371,560 and total liabilities of $18,619,239.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.