Bluerock Acquisition Corp. II closes $172.5M IPO with full over-allotment
- Closed $172.5 million IPO including full over-allotment option
- Placed $173,362,500 in trust, equating to $10.05 per unit
- Sold 17,250,000 units at $10.00 each on Nasdaq
- Completed concurrent private placement of 5,812,500 warrants

*this image is generated using AI for illustrative purposes only.
Bluerock Acquisition Corp. II (NASDAQ: BRRKU) announced the closing of its $172.5 million initial public offering on September 28, 2026. The final size increased from the previously priced $150 million due to the full exercise of the underwriter's over-allotment option.
The company sold 17,250,000 units at $10.00 per unit. This includes the original 15,000,000 units plus 2,250,000 additional units issued pursuant to the over-allotment option. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant.
Offering Structure and Trust Placement
Concurrently with the IPO closing, the company completed a private placement of 5,812,500 warrants at $1.00 per warrant, generating gross proceeds of $5,812,500. Bluerock Acquisition Holdings II, LLC (sponsor) purchased 3,862,500 warrants, while BTIG, LLC purchased 1,950,000 warrants.
Of the total proceeds from the public offering and private placement, $173,362,500 was placed in trust. This equates to $10.05 per unit sold in the public offering.
| Metric | Detail |
|---|---|
| Total Offering Size | $172.5 million |
| Units Sold | 17,250,000 |
| Price Per Unit | $10.00 |
| Trust Amount | $173,362,500 |
| Trust Per Unit | $10.05 |
| Listing Date | September 25, 2026 |
| Closing Date | September 28, 2026 |
Company Profile and Leadership
Bluerock Acquisition Corp. II is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, or similar business combination. The company may pursue an initial business combination in any business or industry.
Harrison Seideman, President and Chief Operating Officer, stated that the firm intends to focus sourcing efforts on companies at an inflection point in their growth trajectory seeking a strategic capital partner. He noted that this is the second SPAC vehicle for the team, building on the platform established with their first vehicle.
Trading and Regulatory Status
The units commenced trading on the Nasdaq Global Market under the symbol BRRKU on September 25, 2026. Once the securities separate for trading, the Class A shares will trade under BRRK and the warrants under BRRKW. The transaction was led by BTIG, LLC as the sole book-running manager.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on September 24, 2026.
Which specific industries or sectors is Bluerock Acquisition Corp. II prioritizing for its initial business combination target?
How does the performance of the team's first SPAC vehicle influence current investor sentiment toward this second offering?
What are the projected timelines for announcing a definitive merger agreement given the $173 million trust size?

























