Plutonian Acquisition II agrees to buy Australia’s NT1 in USD 500 million share deal
Bitget2026/09/22 21:16- Plutonian Acquisition Corp. II entered a business combination agreement with Australia-based NT1 on Sept. 3, 2026.
- NT1 shareholders would exchange their shares for 50,000,000 Purchaser Shares valued at USD 500 million at USD 10 per share.
- Merger Sub would merge into Plutonian II, converting each Plutonian II ordinary share into one Purchaser Share.
- Closing consideration may be adjusted after an independent valuation and technical report, subject to mutual written agreement.
- Deal includes a USD 500,000 breakup fee for specified breach terminations, plus documented transaction expenses.
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