Bluerock Acquisition Corp. II (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission on September 28, 2026, reporting the completion of its initial public offering (IPO) and the issuance of an audited balance sheet. The Company is a blank check company incorporated in the Cayman Islands on October 16, 2025, formed for the purpose of acquiring one or more businesses.
The Company consummated the IPO of 17,250,000 units at a price of $10.00 per unit. This total included the full exercise of the underwriters’ over-allotment option for an additional 2,250,000 units. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant. The warrants are exercisable for one Class A ordinary share at a price of $11.50 per share.
Simultaneously with the IPO, the Company completed a private placement of 5,812,500 warrants to Bluerock Acquisition Holdings II, LLC (the “Sponsor”) and BTIG, LLC (the “Representative”). The Sponsor purchased 3,862,500 warrants, and the Representative purchased 1,950,000 warrants, at a price of $1.00 per warrant. The aggregate gross proceeds from the IPO and private placement were $173,362,500.
An audited balance sheet as of September 28, 2026, is included as Exhibit 99.1 to the filing. The balance sheet reflects total assets of $174,700,456, consisting primarily of cash held in a trust account. The Company’s liabilities include deferred underwriting fees of $6,037,500 and other offering costs. The Company’s shareholders’ deficit is reported as $(5,518,294).
The independent registered public accounting firm WithumSmith+Brown, PC issued an opinion on the financial statement, stating that the balance sheet presents fairly, in all material respects, the financial position of the Company as of September 28, 2026, in conformity with accounting principles generally accepted in the United States of America.
