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CompletedNasdaq

Bleichroeder Acquisition Corp. IIBBCQ

Class A BBCQUnits BBCQUWarrants BBCQWCIK 0002088295

Cash in trust

$292M

$292,280,120

Trust per share

—

Redemption value

IPO

Jan 2026

—

Combination deadline

—

Not disclosed

Filings on record

90

Latest Sep 8, 2026

Business combination

Target
Not disclosed in an indexed filing
Announced
Mar 4, 2026
Closed
Aug 27, 2026

Overview

Bleichroeder Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002088295. It completed its initial public offering in Jan 2026 and listing on Nasdaq. Class A shares trade under the ticker BBCQ, units under BBCQU, warrants under BBCQW on Nasdaq. The vehicle is sponsored by Bleichroeder through Bleichroeder Sponsor 2 LLC. The mandate targets technology. Business combination closed; the company trades under a new ticker.

“we intend to focus our efforts on North American and European businesses in disruptive growth sectors, which are sectors our management team believes are being transformed via technology adoption, and where we believe our management team’s operational and investment expertise will provide us with a competitive advantage.”
The mandate, as stated in the IPO prospectus
TechnologyNorth AmericaEurope

Reading the filings

Arithmetic on what Bleichroeder Acquisition Corp. II has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Warrant coverage

    Each unit carried one-third warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Sponsor record

    Bleichroeder has launched 3 vehicles. Of the 2 that have resolved, 2 closed a combination and 0 liquidated, a 100% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.

  • Underwriting

    Clear Street led the offering. It has been named on 43 SPAC IPOs, book-running 34 of them, and 100% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

How busy it has been

Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.

211102025-102026-09

90 filings in all. 27 in the last three months, against a busiest month of 21.

News on Bleichroeder Acquisition Corp. II

Last 90 days

News sentiment

Positive
negativeneutralpositive

Across 3 recent stories, weighted towards the newest. Scored by our own headline classifier using finance- and SPAC-specific terms. It reads what a story is about, not what the shares are worth.

SEC filing history

Free tier: filings older than 24 hours
  • 15-12G

    Deregistration of securities

    Accession 0001213900-26-098029

    Sep 8, 2026

    1mo ago

    View on EDGAR ↗
  • 25-NSE

    Notification of delisting

    Accession 0001354457-26-000828

    Aug 27, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Termination of a material definitive agreement; Completion of an acquisition; Notice of delisting or failure to satisfy a listing rule

    Items 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01 · Accession 0001213900-26-094397

    Aug 27, 2026

    1mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-094048

    Aug 26, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Submission of matters to a vote of security holders; Other events

    Items 5.02, 5.07, 8.01 · Accession 0001213900-26-094046

    Aug 26, 2026

    1mo ago

    View on EDGAR ↗
  • 8-K

    Current report

    Items 5.02, 9.01 · Accession 0001213900-26-092600

    Aug 21, 2026

    1mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-091899

    Aug 20, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-091898

    Aug 20, 2026

    2mo ago

    View on EDGAR ↗
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001213900-26-090410

    Aug 15, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-090407

    Aug 15, 2026

    2mo ago

    View on EDGAR ↗
  • 424B3

    Prospectus supplement

    Accession 0001213900-26-090313

    Aug 14, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001172661-26-003771

    Aug 14, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001688382-26-000022

    Aug 14, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0000919574-26-005329

    Aug 14, 2026

    2mo ago

    View on EDGAR ↗
  • 10-Q

    Quarterly report

    Accession 0001213900-26-089101

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000921895-26-002110

    Aug 13, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0000919574-26-004965

    Aug 12, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-085938

    Aug 6, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-085936

    Aug 6, 2026

    2mo ago

    View on EDGAR ↗
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002547

    Aug 6, 2026

    2mo ago

    View on EDGAR ↗
  • DEFM14A

    Definitive merger proxy statement

    Accession 0001213900-26-085816

    Aug 5, 2026

    2mo ago

    View on EDGAR ↗
  • 424B3

    Prospectus supplement

    Accession 0001213900-26-085694

    Aug 5, 2026

    2mo ago

    View on EDGAR ↗
  • F-4/A

    REGISTRATION STATEMENT

    Accession 0001213900-26-084072

    Jul 31, 2026

    2mo ago

    View on EDGAR ↗
  • F-4/A

    REGISTRATION STATEMENT

    Accession 0001213900-26-080591

    Jul 23, 2026

    2mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-080575

    Jul 23, 2026

    2mo ago

    View on EDGAR ↗
  • 8-K

    Entry into a material definitive agreement

    Items 1.01, 9.01 · Accession 0001213900-26-080573

    Jul 23, 2026

    2mo ago

    View on EDGAR ↗
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001104659-26-083972

    Jul 15, 2026

    3mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-073692

    Jun 30, 2026

    3mo ago

    View on EDGAR ↗
  • 8-K

    Regulation FD disclosure

    Items 7.01, 9.01 · Accession 0001213900-26-073672

    Jun 30, 2026

    3mo ago

    View on EDGAR ↗
  • 425

    Business-combination communication

    Accession 0001213900-26-071789

    Jun 25, 2026

    3mo ago

    View on EDGAR ↗

Pro

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Bleichroeder Acquisition Corp. II: questions answered

What is Bleichroeder Acquisition Corp. II (BBCQ)?

Bleichroeder Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002088295. It completed its initial public offering in Jan 2026 and listing on Nasdaq. Class A shares trade under the ticker BBCQ, units under BBCQU, warrants under BBCQW on Nasdaq. The vehicle is sponsored by Bleichroeder through Bleichroeder Sponsor 2 LLC. The mandate targets technology. Business combination closed; the company trades under a new ticker.

How much does Bleichroeder Acquisition Corp. II hold in trust?

Approximately $292,280,120, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Bleichroeder Acquisition Corp. II complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Bleichroeder Acquisition Corp. II does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Bleichroeder Acquisition Corp. II, and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Bleichroeder Acquisition Corp. II trade under?

Class A shares trade as BBCQ on Nasdaq, the units as BBCQU, and the warrants as BBCQW. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Bleichroeder Acquisition Corp. II?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Bleichroeder Acquisition Corp. II's founder shares and warrants create?

Each unit also carried one-third warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Bleichroeder Acquisition Corp. II, and what is their track record?

Bleichroeder Sponsor 2 LLC is the sponsor entity, part of the Bleichroeder franchise. That franchise has launched 3 vehicles in total, of which 2 closed a combination and 0 liquidated, a 100% completion rate on resolved vehicles. Named principals: Andrew Gundlach.

Which banks underwrote the Bleichroeder Acquisition Corp. II IPO?

Clear Street, Cohen & Company. Clear Street and Cohen & Company were credited as book-running managers on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Bleichroeder Acquisition Corp. II tradeable, and where?

Yes. BBCQ returned a live quote of $5.67 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Bleichroeder Acquisition Corp. II a good investment?

That is not a question this site answers. Bleichroeder Acquisition Corp. II is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Bleichroeder Acquisition Corp. II data come from?

Filings Bleichroeder Acquisition Corp. II submitted to the SEC under CIK 0002088295: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Oct 19, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.