Includes an aggregate of up to 514,286 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 7). Subsequently, on June 5, 2026, the underwriters forfeited their over-allotment option to purchase up to an additional 1,200,000 Units. As a result of the over-allotment option forfeiture by the underwriters, 514,286 Class B ordinary shares of the Company were surrendered by the Sponsor, and such surrendered shares were cancelled by the Company (see Note 5).

[2]

On April 17, 2026, the Sponsor surrendered 7,392,858 Class B ordinary shares for no consideration. On May 21, 2026, the Sponsor further surrendered 985,714 Class B ordinary shares for no consideration, whereby the Sponsor now holds 3,942,857 Class B ordinary shares. All share and per share data have been retrospectively presented.

- Definition

Carrying value as of the balance sheet date of obligations incurred in accrued offering costs.

+ References

No definition available.

Burtech Acquisition Corp II 10-Q