New York, September 28, 2026 / PRNewswire / -- Bluerock Acquisition Corp . II (Nasdaq: BRRKU) (hereinafter referred to as the "Company") announced today that it has completed its initial public offering (IPO), issuing 17.25 million units, including an additional 2.25 million units issued after the underwriters fully exercised their over-allotment rights. The public offering price was $10.00 per unit. Each unit consists of one share of Class A common stock and half a warrant, which can be exercised to purchase one share of Class A common stock at a price of $11.50 per share.
These entities are already listed on the NASDAQ Global Market (“Nasdaq”) and began trading under the code “BRRKU” on September 25, 2026. Once the securities that make up these entities start to trade separately, Class A common shares and warrants are expected to be listed on Nasdaq under the codes “BRRK” and “BRRKW” respectively.
Concurrently with the initial public offering, the company also completed a private placement of 5.8125 million warrants, with an issue price of $1.00 per warrant, raising a total of $5.8125 million. Bluerock Acquisition Holdings II, LLC (the company's founders) subscribed for 3.8625 million warrants in the private placement, and BTIG, LLC subscribed for 1.95 million warrants. Each warrant in the private placement allowed the holder to purchase one share of Class A common stock at a price of $11.50 per share. Of the funds raised from the initial public offering and the concurrent private placement of warrants, $173.3625 million (which is equivalent to $10.05 per unit sold in the public offering) was deposited into a trust.
Bluerock Acquisition Corp. II is a blank check company established for the purpose of merging with one or more enterprises, conducting mergers and acquisitions, share exchanges, asset purchases, equity acquisitions, reorganizations, or similar business combinations. The company can seek initial business mergers in any industry.
Bluerock Acquisition Corp. II President and Chief Operating Officer Harrison Seideman stated: "With the successful pricing of Bluerock Acquisition Corp. II – which is our second SPAC tool – we believe that we have provided an attractive value proposition for potential companies considering a public market financing path. Building on the platform we established with our first tool, we intend to focus our resource acquisition efforts on those companies that are at a turning point in their growth trajectory and are seeking strategic capital partners."
BTIG and LLC serve as the sole bookkeepers for this issuance.
The registration statements related to these securities came into effect on September 24, 2026, with the U.S. Securities and Exchange Commission (SEC). This press release does not constitute an offer to sell or an invitation to buy; these securities may not be sold in any state or jurisdiction without completing the registration or qualification process under the relevant securities laws of that state or jurisdiction.
This issuance is only conducted through the prospectus. Copies of the prospectus related to this issuance can be obtained from BTIG, LLC (address: 65 East 55th Street, New York, NY 10022), or by sending an email to [email protected]. It is also possible to access the relevant information by visiting the SEC website at www.sec.gov.
Warning Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including the company’s search for initial business combinations and the expected uses of the net proceeds from the initial public offering (IPO) and the concurrent private placement. There is no guarantee that the net proceeds from the offering will be used in the manner described. Forward-looking statements are subject to various conditions, many of which are beyond the company’s control, including those listed in the “Risk Factors” section of the IPO registration statement submitted by the company to SEC. Relevant copies can be obtained at the SEC website at www.sec.gov. Except as required by law, the company assumes no obligation to update these statements after the date of this press release due to revisions or changes.
Contact Information
Investor contact: Harrison Seideman, [ email protected ]
Media contact: Carly Hampton, [ email protected ]
