Agreement signedPublished 15 Oct 2026

Pyrophyte Acquisition Corp. II /
Sakuu Corporation

Pyrophyte to combine with Sakuu in $600 million deal

Pyrophyte Acquisition Corp. II · 15 Oct 2026Source
01 / BuyerPyrophyte Acquisition Corp. II
02 / TargetSakuu Corporation
Source for the buyer and target: Pyrophyte Acquisition Corp. II

For the buyer and target.

“Business Combination Agreement, dated October 14, 2026, by and among Pyrophyte Acquisition Corp. II, Sakuu Corporation and Pyrophyte Merger Sub, Inc.”

Published 15 Oct 2026

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01

What happened

Pyrophyte Acquisition Corp. II has agreed to a business combination with Sakuu Corporation, a Delaware company, through a merger in which Pyrophyte will redomicile to Delaware and be renamed Sakuu Holdings, Inc. Sakuu's equityholders are set to receive 60,000,000 new Pyrophyte shares, calculated at $10.00 per share. [01]

The agreement also provides for an earnout pool of additional shares tied to share price thresholds, and the deal depends on shareholder approvals, regulatory clearances and a registration statement. The agreement has a termination date of May 31, 2027. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Pyrophyte Acquisition Corp. II

Pyrophyte to combine with Sakuu in $600 million deal

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by Pyrophyte Acquisition Corp. II

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  2. Also stated

    “The agreement has a termination date of May 31, 2027”

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This dealPyrophyte Acquisition Corp. II / Sakuu CorporationAgreement signed · Published 15 Oct 2026
BuyerPyrophyte Acquisition Corp. IITargetSakuu Corporation
This dealPyrophyte Acquisition Corp. II / Sakuu Corporation

Agreement signed · Pyrophyte Acquisition Corp. II / Sakuu Corporation deal (Agreement signed, published 15 Oct 2026).

Published 15 Oct 2026
Timeline
  1. Published by Pyrophyte Acquisition Corp. II
  2. Also stated
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