Bluerock Acquisition Corp. II Closes $172.5 Million Initial Public Offering

Bluerock Acquisition Corp. II announced on September 28, 2026, that it has closed its initial public offering (IPO), raising a total of $172.5 million. The offering included the full exercise of the underwriter's over-allotment option.

The IPO consisted of 17,250,000 units, each priced at $10.00. Each unit comprises one Class A ordinary share and one-half of a redeemable warrant. The units began trading on The Nasdaq Global Market under the ticker symbol "BRRKU" on September 25, 2026.

Bluerock Acquisition Corp. II is a special purpose acquisition company, also known as a SPAC. Its purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not specified an industry focus for its potential acquisition.

In conjunction with the IPO, the company also closed a private placement of warrants, raising an additional $5.8 million. Bluerock Acquisition Holdings II, LLC, the sponsor, purchased a significant portion of these private placement warrants. The funds raised will be placed in trust to finance a future business combination.