Plutonian Acquisition II agrees to buy Australia’s NT1 in USD 500 million share deal
PLUN•Termination fee and expenses
The deal includes a USD 500,000 breakup fee for specified breach terminations, plus documented transaction expenses.
Business combination agreement signed
Plutonian Acquisition Corp. II entered a business combination agreement with Australia-based NT1 on Sept. 3, 2026.
Deal consideration and share exchange
NT1 shareholders would exchange their shares for 50,000,000 Purchaser Shares valued at USD 500 million at USD 10 per share.
Merger structure and possible adjustments
Merger Sub would merge into Plutonian II, converting each Plutonian II ordinary share into one Purchaser Share.
Closing consideration may be adjusted after an independent valuation and technical report, subject to mutual written agreement.
