PAII · Pyrophyte Acquisition Corp. II
Substantial doubt about the company's ability to continue as a going concern.
“the Company's liquidity concerns and the mandatory liquidation within the next 12 months (except the Company extends through shareholders vote) raise substantial doubt about the Company's ability to continue as a going concern for a period of one year from the date the unaudited condensed financial statements are available to be issued.”View the 10-Q filed Aug 14, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-07-24 | Pyrophyte Acquisition II LLC |
Director, 10% Owner |
Other↓
Filing footnotes — Class B Ordinary Shares (Direct)
The Class B ordinary shares are convertible for the Issuer's Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-288391) (the "Registration Statement") and have no expiration date. On July 24, 2025, Pyrophyte Acquisition II LLC forfeited at no cost 30,231 Class B Ordinary Shares of the Issuer in connection with the closing of the Issuer's initial public offering and the election by the underwriters of the Issuer's initial public offering of units to partially exercise an option granted to them to cover over-allotments. Pyrophyte Acquisition II LLC is the record holder of the securities reported herein. Sten Gustafson and Bernard-Duroc Danner are the managing members of Pyrophyte Acquisition II LLC. Each of Messrs. Gustafson and Duroc-Danner has voting and investment discretion with respect to the securities held of record by Pyrophyte Acquisition II LLC. |
Class B Ordinary Shares
|
30,231 |