Pyrophyte Acquisition Corp. II
Pyrophyte Acquisition Corp. II is a Cayman Islands SPAC listed on NYSE under PAII.U, formed in July 2025 to acquire a company across the energy ecosystem, including conventional fuels, alternative energy, storage, and decarbonization sectors.
- Company typePublic
- Founded2025
- HeadquartersHouston, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Pyrophyte Acquisition Corp. II does
Pyrophyte Acquisition Corp. II is a Cayman Islands-exempted special purpose acquisition company (SPAC) listed on the New York Stock Exchange under ticker PAII.U, formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more companies in the energy sector. The vehicle completed its IPO in July 2025, offering 17.5 million units at $10 per unit (each consisting of one share of common stock and one-half of a warrant exercisable at $11.50), generating $175 million in initial gross proceeds and approximately $200.4 million with the over-allotment option exercised. UBS Investment Bank and Brookline Capital Markets acted as joint bookrunners.
The company's stated acquisition mandate covers the full energy ecosystem, including conventional fuels, alternative fuels and energy, energy storage, electrical infrastructure, decarbonization of industrial processes, and the supply chain for the energy transition. Pyrophyte II is led by Chairman & CEO Dr. Bernard J. Duroc-Danner (founder of EVI, builder of Weatherford International and Grant Prideco through 250+ acquisitions) and President & CFO Sten L. Gustafson (former CEO of Era Group and head of Deutsche Bank's Americas Energy Group). Independent directors Jamie Saxton and Matteo Pasquali, plus advisory directors David Leuschen, Pierre Lapeyre Jr., and Christopher Abbate (representing Riverstone and Breakwall Capital), provide additional energy finance and scientific depth.
As a pre-business-combination SPAC, Pyrophyte II has no operational revenue, no products or services, and operates with a small team of 1-10 employees. Its predecessor, Pyrophyte Acquisition Corp. I (which went public in October 2021 raising over $200 million), is in a business combination agreement with Sio Silica Corporation, illustrating the platform's parallel-track energy thesis. Pyrophyte II itself has not yet announced a target as of the data provided.
Pyrophyte Acquisition Corp. II firmographics
Firmographics- Name
- Pyrophyte Acquisition Corp. II
- Legal name
- Pyrophyte Acquisition Corp. II
- Website
- https://pyrophytespac.com
- Company type
- Public
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Pyrophyte Acquisition Corp. II is a Cayman Islands SPAC listed on NYSE under PAII.U, formed in July 2025 to acquire a company across the energy ecosystem, including conventional fuels, alternative energy, storage, and decarbonization sectors.
- Ownership category
- akta.pro rank
Pyrophyte Acquisition Corp. II industry classification
Industry- Product category
- Special Purpose Acquisition Company (SPAC) — Energy Sector
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Small-Cap / Micro-Buyout (FSANABAD)
Keywords
Where Pyrophyte Acquisition Corp. II is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Markets served
Pyrophyte Acquisition Corp. II business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | IPO Units - Initial Public Offering at $10 per unit |
Distribution channels1 record
Marketing channels2 records
Pyrophyte Acquisition Corp. II product offering
Product offeringCore offering
Pyrophyte Acquisition Corp. II is a Cayman Islands exempted blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the energy ecosystem. It raised approximately $200.4 million in gross IPO proceeds (17.5 million units at $10 plus over-allotment) on the NYSE under ticker PAII.U and holds these funds in trust while identifying a target. The company sells no products or services; its offering is the SPAC vehicle itself, with each unit comprising one share of common stock and one-half of one warrant exercisable at $11.50.
Product overview
Pyrophyte Acquisition Corp. II is a blank check company (Special Purpose Acquisition Company/SPAC) incorporated as a Cayman Islands exempted entity, raising funds in trust for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the energy sector. As a financial acquisition vehicle rather than a product company, it does not offer software products, modules, or technology services.
Differentiator
Problem solved
Functional benefit
Products and services
- SPAC IPO Units (NYSE: PAII.U)
Companies that use Pyrophyte Acquisition Corp. II
Customer profileSegments1 record
Ideal customer profiles2 records
Pyrophyte Acquisition Corp. II technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Pyrophyte Acquisition Corp. II partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Sio Silica CorporationminorPyrophyte I, the predecessor SPAC in the Pyrophyte family, is in a business combination agreement with Sio Silica Corporation. This represents a parallel track where the original Pyrophyte vehicle is pursuing an acquisition target in the energy or materials space, demonstrating the Pyrophyte platform's focus on the energy ecosystem.
Recent moves6 records
Expansion highlights4 records
Pyrophyte Acquisition Corp. II competitors and assessment
Company assessmentDirect peers
- Mountain Lake Acquisition Corp. Energy-transition-focused SPAC that completed a business combination with NewLake Capital Partners. Direct structural and thematic peer to Pyrophyte II as a small-cap, energy-mandate blank-check vehicle.
- Sizzle Acquisition Corp. Energy-focused SPAC sponsored by electrification and energy-transition operators. Comparable to Pyrophyte II in mandate, size, and post-2021 vintage.
- Spartan Acquisition Corp. II: Energy-focused SPAC sponsored by investment professionals with energy and industrials backgrounds. Closely comparable in size, target sector, and capital-markets structure to Pyrophyte II.
- ALIVE Acquisition Corp. Energy-transition SPAC targeting companies in energy storage, electrification, and clean technologies. Highly comparable investment thesis and small-cap vehicle structure.
- Pioneer Acquisition Corp. Energy-focused SPAC with a mandate spanning upstream, midstream, and energy-transition sectors. Comparable in target scope and small-cap trust size to Pyrophyte II.
Emerging players
- Sio Silica Corporation: The target of Pyrophyte Acquisition Corp. I (the predecessor SPAC). Highly comparable as a Pyrophyte-platform-relevant energy-materials business that has navigated the SPAC combination process.
- Northern Star Acquisition Corp. Energy-transition SPAC with overlapping focus areas in clean energy and sustainability. Comparable as a small-cap blank-check vehicle targeting the same transition themes.
Broad incumbents
- Brookline Capital Markets: A division of Arcadia Securities Corporation, joint bookrunner on Pyrophyte II's IPO, and a regular SPAC sponsor/manager across multiple energy and healthcare vehicles. Relevant as the broader platform of which Pyrophyte II is a recent product.
- Riverstone Holdings: Energy-focused private equity firm co-founded by Pyrophyte II's Advisory Directors (Leuschen, Lapeyre) and a former home of Abbate. Comparable as a large-scale, energy-specialist capital allocator whose network and deal flow feed SPACs like Pyrophyte II.
Regional players
- HCM Acquisition Corp. Energy-focused SPAC sponsored by an energy-services executive. Comparable as a small-cap energy SPAC with a similar operational-sponsor profile, though oriented toward a different sub-sector of the energy value chain.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Pyrophyte Acquisition Corp. II social profiles
Digital presencePyrophyte Acquisition Corp. II financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pyrophyte Acquisition Corp. II leadership team
Management profileNumber of profiles
Profiles7 records
Pyrophyte Acquisition Corp. II funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pyrophyte Acquisition Corp. II M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Pyrophyte Acquisition Corp. II
What does Pyrophyte Acquisition Corp. II do?
Pyrophyte Acquisition Corp. II is a Cayman Islands exempted blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the energy ecosystem. It raised approximately $200.4 million in gross IPO proceeds (17.5 million units at $10 plus over-allotment) on the NYSE under ticker PAII.U and holds these funds in trust while identifying a target. The company sells no products or services; its offering is the SPAC vehicle itself, with each unit comprising one share of common stock and one-half of one warrant exercisable at $11.50.
Is Pyrophyte Acquisition Corp. II a public or private company?
Pyrophyte Acquisition Corp. II is a public company. It is classified as public and is currently operating.
When was Pyrophyte Acquisition Corp. II founded?
Pyrophyte Acquisition Corp. II was founded in 2025. It employs 1 to 10 people.
Where is Pyrophyte Acquisition Corp. II based?
Pyrophyte Acquisition Corp. II is headquartered in Houston, United States, in the North America region.
Who are Pyrophyte Acquisition Corp. II's main competitors?
Direct peers on record are Mountain Lake Acquisition Corp., Sizzle Acquisition Corp., Spartan Acquisition Corp. II, ALIVE Acquisition Corp. and Pioneer Acquisition Corp.. Emerging players are Sio Silica Corporation and Northern Star Acquisition Corp.. Broad incumbents are Brookline Capital Markets and Riverstone Holdings. HCM Acquisition Corp. is listed as a regional player.
Does Pyrophyte Acquisition Corp. II have an API?
No public API is recorded for Pyrophyte Acquisition Corp. II.
What industry is Pyrophyte Acquisition Corp. II in?
Pyrophyte Acquisition Corp. II's product category is Special Purpose Acquisition Company (SPAC) — Energy Sector. Its primary akta.pro industry code is FSANABAD, Small-Cap / Micro-Buyout. Its NAICS code is 525 and its SIC code is 6211.