Alussa Energy Acquisition Corp. II Announces Closing of $287,500,000 Initial Public Offering

Core Points - Alussa Energy Acquisition Corp. II completed its initial public offering (IPO) of 28,750,000 units at a price of $10.00 per unit, raising gross proceeds of $287,500,000 [1][4] - The units are listed on the New York Stock Exchange under the ticker symbol "ALUB U," with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [2] - The company intends to focus on high potential businesses in the energy and power infrastructure sectors for its future business combinations [5] Offering Details - The IPO included the full exercise of the underwriter's over-allotment option, resulting in the issuance of an additional 3,750,000 units [1][6] - A concurrent private placement of 2,500,000 warrants was completed at $1.00 per warrant, generating additional gross proceeds of $2,500,000 [3] - The proceeds from the IPO and private placement have been placed in trust [4] Company Structure - Alussa Energy Acquisition Corp. II is a Cayman Islands exempted company formed as a blank check company, aiming to enter into various business combinations [5] - Santander US Capital Markets LLC acted as the sole book-running manager for the offering [6]