Bleichroeder Acquisition Corp. II entered into Amendment No. 3 to its Business Combination Agreement with Pasqal Holding SAS on July 22, 2026. This amendment revises the terms of the equity incentive plan (LTIP) to be adopted by the surviving corporation following the merger. The revised LTIP will allow for awards in the form of founder’s warrants or free shares, totaling up to 10% of the aggregate number of the surviving corporation's shares issued and outstanding on a fully-diluted and as-converted basis. The parties will negotiate additional performance-based vesting criteria for new award recipients. Bleichroeder Acquisition Corp. II is a special purpose acquisition company (SPAC).

Bleichroeder Acquisition Corp. II, a Cayman Islands company, provided an investor presentation regarding its proposed business combination with Pasqal Holding SAS, a French company. The presentation was part of an analyst day held on June 30, 2026, to support the ongoing merger process. Bleichroeder Acquisition Corp. II is a special purpose acquisition company (SPAC) focused on identifying and merging with target companies for business combinations.

Bleichroeder Acquisition Corp. II entered into Amendment No. 2 to its Business Combination Agreement with Pasqal Holding SAS on June 25, 2026. The amendment modifies the composition of the surviving corporation's board of directors, establishing a nine-member board where five directors will be French or European non-U.S. residents. Additionally, the amendment revises the terms of the long-term incentive plan (LTIP) by removing a provision that would have granted the Pasqal CEO and chairman an additional 1% of the surviving corporation's shares. Bleichroeder Acquisition Corp. II is a special purpose acquisition company (SPAC) seeking to merge with a target company.