Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Viking Acquisition Corp II signs $514,080 working capital note with sponsor Viking Acquisition Sponsor II

Viking Acquisition Corp II signs $514,080 working capital note with sponsor Viking Acquisition Sponsor II

ReutersReuters2026/08/19 20:19
  • Viking Acquisition Corp. II issued a convertible unsecured promissory note for $514,080 to Viking Acquisition Sponsor II on Aug. 19, 2026.
  • Proceeds earmarked for additional working capital; the note carries no interest.
  • Repayment due at the earlier of an initial business combination or the company’s winding up.
  • Sponsor can convert principal at $10 per unit into up to 51,408 private placement-style units at business-combination closing.
  • Each unit includes one Class A share plus one-third of a redeemable warrant with an $11.5 exercise price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viking Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-003629), on August 19, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.