Announcement • Aug 20
Viking Acquisition Corp. II announced that it has received $0.51408 million in funding from Viking Acquisition Sponsor II, LLC Viking Acquisition Corp. II announced a private placement to issue a convertible unsecured promissory note for e principal amount of $514,080.00 to Viking Acquisition Sponsor II, LLC on August 19, 2026, The Sponsor elect to convert all or a portion of the principal balance, the elected principal balance amount will convert, at a price of $10.00 per unit, into units identical to the private placement units issued in connection with the Company’s initial public offering (each, a “New Unit”), rounded down to the nearest whole number. The Note shall be convertible into a maximum of 51,408 New Units. Each New Unit will consist of one Class A ordinary share of the Company, par value $0.0001 per share (each, a “Class A Ordinary Share”), and one-third of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A Ordinary Share, at an exercise price of $11.50 per share, which will become exercisable on the later of (a) 30 days after the completion of an initial business combination or (b) 12 months from the Company's initial public offering. The Company has relied upon Section 4(a)(2) of the Securities Act of 1933, as amended, in connection with the issuance of the Note.