Bluerock Acquisition Corp. II IPO Raises $172.5M

NEW YORK, Sept. 28, 2026 /CourierPR/ -- Bluerock Acquisition Corp. II, a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the successful closing of its initial public offering. The offering, which included the sale of 17,250,000 units at a public offering price of $10.00 per unit, also included the issuance of 2,250,000 units pursuant to the exercise of the underwriter's over-allotment option in full. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.

The units are listed on The Nasdaq Global Market and commenced trading under the ticker symbol "BRRKU" on September 25, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "BRRK" and "BRRKW," respectively.

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 5,812,500 warrants at a price of $1.00 per warrant, resulting in gross proceeds of $5,812,500. Bluerock Acquisition Holdings II, LLC, the Company's sponsor, purchased 3,862,500 of the private placement warrants, while BTIG, LLC purchased 1,950,000 of the private placement warrants. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $173,362,500 (or $10.05 per unit sold in the public offering) was placed in trust.

Bluerock Acquisition Corp. II, formed to provide a strategic capital partner for companies at an inflection point in their growth trajectory, intends to focus its sourcing efforts on companies in any business or industry.

BTIG, LLC acted as the sole book-running manager for the offering. A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on September 24, 2026. The offering was made only by means of a prospectus.

Bluerock Acquisition Corp. II's initial public offering, which included the sale of 17,250,000 units at a public offering price of $10.00 per unit, has raised a total of $172,500,000. The private placement of 5,812,500 warrants, at a price of $1.00 per warrant, resulted in gross proceeds of $5,812,500. The net proceeds of the offering, after deducting the expenses of the offering, were placed in trust for the use of the Company.