---
title: "Bleichroeder Acquisition II revises post-merger equity incentive plan to allow awards up to 10% of shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293595610.md"
description: "Bleichroeder Acquisition Corp. II revised its post-merger equity incentive plan following amended merger terms with Pasqal. The surviving company will adopt a Long-Term Incentive Plan (LTIP) allowing awards of up to 10% of outstanding shares on a fully diluted basis, adjusted for redemptions. Further LTIP changes, including performance-based vesting, remain subject to negotiation and board approval."
datetime: "2026-07-23T10:12:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293595610.md)
  - [en](https://longbridge.com/en/news/293595610.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293595610.md)
---

# Bleichroeder Acquisition II revises post-merger equity incentive plan to allow awards up to 10% of shares

-   Bleichroeder Acquisition Corp. II amended merger terms with Pasqal on July 22, 2026 to revise the post-closing long-term incentive plan. \* The surviving company will adopt an LTIP offering founder’s warrants or free shares worth up to 10% of shares outstanding at closing. \* The 10% cap is calculated on a fully diluted, as-converted basis, adjusted for any shareholder redemptions. \* Parent and Pasqal will negotiate further LTIP changes, including performance-based vesting, subject to the surviving company board’s sign-off. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bleichroeder Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080573), on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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