Vine Hill Capital Investment Corp. II (VHCP)

The company is a blank check company formed as a Cayman Islands exempted company on August 18, 2025, to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It has not commenced operations or generated revenue. Its activity to date relates to its formation, its initial public offering and its search for a target. It is an emerging growth company, and its sponsor is Vine Hill Capital Sponsor II LLC, a Delaware limited liability company.

The company has no operating segments, products or services. On December 19, 2025, it sold 23,000,000 units at $10.00 per unit for $230,000,000, including 3,000,000 units from the full exercise of the underwriters' over-allotment option. Simultaneously, it sold 5,500,000 private placement warrants to the sponsor at $1.00 per warrant. The sponsor holds 7,666,667 Class B founder shares. The $230,000,000 of proceeds was placed in a trust account with Continental Stock Transfer & Trust Company, invested in U.S. government treasury bills, qualifying money market funds or an interest-bearing demand deposit account. Apart from limited withdrawals for taxes, the funds are not released until a business combination closes or the public Class A shares are redeemed. The company has up to 24 months from the offering's closing to complete a business combination, or it will redeem 100% of the public shares.

The company may pursue a target in any industry, sector or geography. It intends to focus on industries that complement its management team's background and to seek businesses with an enterprise value of $500 million or greater, optimally over $1 billion, though smaller targets are not prohibited. It expects to find targets through its management's network, which includes CEOs, founders, family owners, private equity sponsors and investment banks, and through unaffiliated sources such as investment bankers and private investment funds. It has not selected a specific target. It may pursue an affiliated target, in which case it would obtain a fairness opinion from an independent investment bank or valuation firm.

The company is led by CEO Nicholas Petruska and CFO Daniel Zlotnitsky. Its independent directors are John Adams, Marshall Sonenshine and Junping (J.P.) Wang, and its special advisors include Kevin Charlton and Gregory Ethridge. Management cites involvement in 11 SPAC business combinations with a combined enterprise value of $33.2 billion, which raised over $5.1 billion of capital. It also cites a network of third-party advisors supporting Vine Hill Capital Partners executives since 2013. It competes with other SPACs and acquirers for targets. The text does not state its headquarters location.