Pyrophyte Acquisition Corp. II has successfully closed its $175 million initial public offering, issuing 17,500,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. The units are now trading on the New York Stock Exchange under the ticker symbol "PAII.U".
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