Collective Acquisition Corp. II will enable holders of units issued in its initial public offering to separately trade Class A ordinary shares and warrants starting June 22, 2026. This separation allows investors to trade the components individually on the Nasdaq Global Market, providing liquidity and flexibility for shareholders. The units not separated will continue to trade under the symbol "CAIIU."

The Class A ordinary shares will trade under the symbol "CAII," while the warrants will trade under "CAIIW." Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. No fractional warrants will be issued upon separation, and only whole warrants will trade.

Clear Street LLC acted as the sole book-running manager for the offering. The company is 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.

Collective Acquisition Corp. II intends to focus its search initially on businesses that provide products or services impacting the sovereignty, security, self-sufficiency, or other national interests of the United States and its allies. Target sectors include financial, strategic resources, defense technology, or artificial intelligence.

The management team is led by Daniel Hoffman, Chief Executive Officer, and Samuel Sayegh, Chairman, President, and Chief Financial Officer. The Board of Directors includes Rear Admiral (Ret.) Matthew Burns, Lieutenant General (Ret.) Francis Beaudette, and James Shekerdemian.