Pyrophyte Acquisition Corp. II /
Sakuu Corporation
Pyrophyte to combine with Sakuu in $600 million deal


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
Open the sourceWhat 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]
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Pyrophyte to combine with Sakuu in $600 million deal
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Agreement signed · Pyrophyte Acquisition Corp. II / Sakuu Corporation deal (Agreement signed, published 15 Oct 2026).
Published 15 Oct 2026- Published by Pyrophyte Acquisition Corp. II
- Also stated
Deal Web as a list
- Pyrophyte Acquisition Corp. II (Buyer) buyer this deal. Pyrophyte Acquisition Corp. II: 1 deal on Carrywatch.
- Sakuu Corporation (Target) target this deal. Sakuu Corporation: 1 deal on Carrywatch.
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