Form 8-K

8-K — Andretti Acquisition Corp. II

Accession: 0001213900-26-048016

Filed: 2026-04-27

Period: 2026-04-27

CIK: 0002025341

SIC: 6770 (BLANK CHECKS)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Unregistered Sales of Equity Securities

Item: Financial Statements and Exhibits

Documents

8-K — ea0287768-8k_andretti2.htm (Primary)

EX-10.1 — FORM OF AMENDED AND RESTATED PROMISSORY NOTE (ea028776801ex10-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0287768-8k_andretti2.htm · Sequence: 1

false

0002025341

2026-04-27

0002025341

POLEW:UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

2026-04-27

0002025341

POLEW:ClassOrdinarySharesParValue0.0001PerShareMember

2026-04-27

0002025341

POLEW:RedeemableWarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

2026-04-27

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

8-K

CURRENT

REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

April 27, 2026

Andretti Acquisition Corp. II

(Exact name of registrant as specified in its charter)

Cayman Islands

001-42268

98-1792547

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

100 Kimball Place, Suite 550, Alpharetta, GA

30009

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including

area code: ( 770 ) 299-2201

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b)

of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant

POLEU

The Nasdaq Stock Market LLC

Class A Ordinary Shares, par value $0.0001 per share

POLE

The Nasdaq Stock Market LLC

Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share

POLEW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into

a Material Definitive Agreement.

Amended and Restated

Promissory Note

As previously disclosed, on

October 14, 2025, Andretti Acquisition Corp. II, a Cayman Islands exempted company (the “Company”), issued three separate

unsecured promissory notes (the “Original Notes”) to each of William J. Sandbrook, Michael Andretti and William M.

Brown (collectively, the “Payees”), in total principal amounts of $720,000, $300,000 and $480,000, respectively. On

April 27, 2026, the Company amended and restated the Original Notes (the “Amended and Restated Notes”) to increase

the total principal amounts to $2,100,000, $875,000 and $1,400,000, respectively, for a revised aggregate total of $4,375,000. The proceeds

of the Amended and Restated Notes, which may be drawn from time to time prior to the Maturity Date (as defined below), will be used by

the Company for working capital purposes.

The

Amended and Restated Notes bear no interest and are due and payable upon the earlier of (i) the consummation of the Company’s initial

business combination (the “Business Combination”) and (ii) the date of liquidation of the Company (such earlier date,

the “Maturity Date”). In the event that the Company does not consummate a Business Combination, the Amended and Restated

Notes will be repaid only from amounts remaining outside of the Company’s trust account established in connection with the Company’s

initial public offering of its securities (the “IPO”), if any.

If,

prior to the Business Combination, the principal balances of the Amended and Restated Notes have not been paid in full, then, at the Payees’

option and subject to certain conditions, up to an aggregate of $1,500,000 of the principal amounts of the Amended and Restated Notes

may be converted into units of the Company (the “Conversion Unit”), each consisting of one Class A ordinary share and

one-half of one redeemable warrant, of the Company at a conversion price of $10.00 per Conversion Unit, on the date of the Business Combination.

The Conversion Units shall be identical to the units issued by the Company in a private placement upon consummation of its IPO. The Conversion

Units and their underlying securities are entitled to the registration rights set forth in that certain Registration Rights Agreement

by and between the Company and the parties thereto, dated as of September 5, 2024.

failure to pay the principal outstanding amount of the Amended and Restated Notes within one business day of the Maturity Date shall be

deemed an event of default, in which case the Payees may declare the Amended and Restated Notes due and payable immediately. The issuance

of the Amended and Restated Notes was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities

Act of 1933, as amended.

The

foregoing description is qualified in its entirety by reference to the Amended and Restated Notes, a form of which is attached as Exhibit

10.1 hereto and is incorporated herein by reference.

Item 2.03 Creation

of a Direct Financial Obligation or an Obligation Under an Off-balance Sheet Arrangement of a Registrant.

The

disclosure is contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

Item 3.02 Unregistered

Sales of Equity Securities.

The

disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 3.02.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

10.1

Form of Amended and Restated Promissory Note.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

Andretti Acquisition Corp. II

By:

/s/ William M. Brown

Name:

William M. Brown

Title:

Chief Executive Officer

Dated: April 27, 2026

EX-10.1 — FORM OF AMENDED AND RESTATED PROMISSORY NOTE

EX-10.1

Filename: ea028776801ex10-1.htm · Sequence: 2

Exhibit 10.1

THIS AMENDED AND RESTATED PROMISSORY NOTE (THIS

“NOTE”) HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). THIS NOTE

HAS BEEN ACQUIRED FOR INVESTMENT ONLY AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF REGISTRATION OF THE RESALE THEREOF

UNDER THE SECURITIES ACT OR AN OPINION OF COUNSEL REASONABLY SATISFACTORY IN FORM, SCOPE AND SUBSTANCE TO THE COMPANY THAT SUCH REGISTRATION

IS NOT REQUIRED.

AMENDED AND RESTATED PROMISSORY NOTE

Dated as of April 27, 2026

Principal Amount: Up to $__

Alpharetta, GA

This Note amends and restates the Promissory Note,

dated as of October 14, 2025 (the “Original Note”), from Andretti Acquisition Corp. II, a Cayman Islands exempted company

(the “Maker”), in the principal amount of __ Dollars ($__), payable to the order of __, or his assigns or successors

in interest (the “Payee”). The terms, conditions and provisions of the Original Note are hereby amended and restated

in their entirety effective as of the date hereof so that henceforth the terms, conditions and provisions of the Original Note shall read

and be as set forth in this Note and the Maker agrees to comply with and be subject to all of the terms, covenants and conditions of this

Note effective as of the date hereof. The Maker hereby acknowledges and agrees that this Note evidences the outstanding principal balance

evidenced by the Original Note, as amended and restated pursuant to the immediately preceding sentence, together with any additional draw

down on the principal of this Note. Neither this Note nor anything contained herein shall be construed as a substitution or novation of

the Original Note or the outstanding principal balance evidenced therein, which shall remain in full force and effect as hereby amended

and restated. The Maker promises to pay to the order of the Payee the principal sum of up to __ Dollars ($__) in lawful money of

the United States of America, on the terms and conditions described below. All payments on this Note shall be made by check or wire transfer

of immediately available funds or as otherwise determined by the Maker to such account as the Payee may from time to time designate by

written notice in accordance with the provisions of this Note.

1. Principal. The principal balance

of this Note shall be due and payable by the Maker (such date, the “Maturity Date”), subject to Section 12 below, upon

the earlier of (a) the consummation of the Maker’s proposed initial business combination (the “Business Combination”)

and (b) the date of the liquidation of the Maker.

2. Interest. No interest shall accrue

on the unpaid principal balance of this Note.

3. Drawdown Requests. The Maker

and the Payee agree that the Maker may request up to __ Dollars ($__) (the “Maximum Loan Amount”)

hereunder for costs reasonably related to the Maker’s working capital needs prior to the consummation of the Business Combination.

The principal of this Note may be drawn down from time to time prior to the date on which the Maker consummates a Business Combination,

upon request from the Maker to the Payee (each, a “Drawdown Request”)

in such amounts as the Maker may determine in its discretion. The Payee shall fund each Drawdown Request no later than five (5) business

days after receipt of a Drawdown Request; provided, however, that the maximum amount of drawdowns collectively under this Note is the

Maximum Loan Amount. Once an amount is drawn down under this Note, it shall not be available for future Drawdown Requests even if prepaid.

No fees, payments or other amounts shall be due to the Payee in connection with, or as a result of, any Drawdown Request by the Maker.

4. Application of Payments. All payments

received by the Payee pursuant to this Note shall be applied first to payment in full of any costs incurred in the collection of any sum

due under this Note, including, without limitation, reasonable attorneys’ fees, and then to the payment in full of any late charges

and finally to the reduction of the unpaid principal balance of this Note.

5. Events of Default. The following

shall constitute an event of default (“Event of Default”):

(a) Failure to Make

Required Payments. Failure by the Maker to pay the principal amount due pursuant to this Note within one (1) business day of the

Maturity Date.

(b) Voluntary

Bankruptcy, Etc. The commencement by the Maker of a voluntary case under any applicable bankruptcy, insolvency, reorganization,

rehabilitation or other similar law, or the consent by it to the appointment of or taking possession by a receiver, liquidator,

assignee, trustee, custodian, sequestrator (or other similar official) of the Maker or for any substantial part of its property, or

the making by it of any assignment for the benefit of creditors, or the failure of the Maker generally to pay its debts as such

debts become due, or the taking of corporate action by the Maker in furtherance of any of the foregoing.

Bankruptcy, Etc. The entry of a decree or order for relief by a court having jurisdiction in the premises in respect of the

Maker in an involuntary case under any applicable bankruptcy, insolvency or other similar law, or appointing a receiver, liquidator,

assignee, custodian, trustee, sequestrator (or similar official) of the Maker or for any substantial part of its property, or

ordering the winding-up or liquidation of its affairs, and the continuance of any such decree or order unstayed and in effect for a

period of sixty (60) consecutive days.

6. Remedies.

(a) Upon the occurrence of

an Event of Default specified in Section 5(a) hereof, the Payee may, by written notice to the Maker, declare this Note to be due immediately

and payable, whereupon the unpaid principal amount of this Note, and all other amounts payable hereunder, shall become immediately due

and payable without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived, anything contained

herein or in the documents evidencing the same to the contrary notwithstanding.

(b) Upon the occurrence of

an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard

to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of the Payee.

7. Waivers. The Maker and all endorsers

and guarantors of, and sureties for, this Note waive presentment for payment, demand, notice of dishonor, protest, and notice of protest

with regard to this Note, all errors, defects and imperfections in any proceedings instituted by the Payee under the terms of this Note,

and all benefits that might accrue to the Maker by virtue of any present or future laws exempting any property, real or personal, or any

part of the proceeds arising from any sale of any such property, from attachment, levy or sale under execution, or providing for any stay

of execution, exemption from civil process, or extension of time for payment, and the Maker agrees that any real estate that may be levied

upon pursuant to a judgment obtained by virtue hereof or any writ of execution issued hereon, may be sold upon any such writ in whole

or in part in any order desired by the Payee.

8. Unconditional Liability. The Maker

hereby waives all notices in connection with the delivery, acceptance, performance, default, or enforcement of the payment of this Note,

and agrees that its liability shall be unconditional, without regard to the liability of any other party, and shall not be affected in

any manner by any indulgence, extension of time, renewal, waiver or modification granted or consented to by the Payee, and consents to

any and all extensions of time, renewals, waivers, or modifications that may be granted by the Payee with respect to the payment or other

provisions of this Note, and agrees that additional makers, endorsers, guarantors, or sureties may become parties hereto without notice

to the Maker or affecting the Maker’s liability hereunder.

9. Notices. All notices, statements

or other documents which are required or contemplated by this Note shall be made in writing and delivered: (a) personally or sent by first

class registered or certified mail, overnight courier service or facsimile or electronic transmission to the address designated in writing,

(b) by facsimile to the number most recently provided to such party or such other address or fax number as may be designated in writing

by such party or (c) by electronic mail, to the electronic mail address most recently provided to such party or such other electronic

mail address as may be designated in writing by such party. Any notice or other communication so transmitted shall be deemed to have been

given on the day of delivery, if delivered personally, on the business day following receipt of written confirmation, if sent by facsimile

or electronic transmission, one (1) business day after delivery to an overnight courier service or five (5) days after mailing if sent

by mail.

10. Construction. THIS NOTE SHALL

BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF DELAWARE, WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF.

11. Severability. Any provision contained

in this Note which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of

such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability

in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

12. Trust Waiver. Notwithstanding

anything herein to the contrary, the Payee hereby waives any and all right, title, interest or claim of any kind (“Claim”)

in or to any distribution of or from the trust account (the “Trust Account”) established in which the proceeds of the

initial public offering (the “IPO”) conducted by the Maker (including the deferred underwriters’ discounts and

commissions) and the proceeds of the sale of the units issued in a private placement that occurred in connection with the closing of the

IPO were deposited, as described in greater detail in the Maker’s Registration Statement on Form S-1 (No. 333-280552) filed with

the Securities and Exchange Commission in connection with the IPO, and hereby agrees not to seek recourse, reimbursement, payment or satisfaction

for any Claim against the Trust Account for any reason whatsoever.

13. Amendment; Waiver. Any

amendment hereto or waiver of any provision hereof may be made with, and only with, the written consent of the Maker and the Payee.

14. Assignment. No assignment

or transfer of this Note or any rights or obligations hereunder may be made by the Maker (by operation of law or otherwise) without the

prior written consent of the Payee and any attempted assignment without the required consent shall be void.

15. Conversion.

(a) Notwithstanding anything

contained in this Note to the contrary, if, prior to the Business Combination, the principal balance of this Note has not been paid in

full, then, at the Payee’s option, the Payee may elect to convert, on the date of the Business Combination, up to __ Dollars ($__)

of the unpaid principal balance of this Note into that number of units (the “Conversion Units”), each consisting of

one Class A ordinary share and one-half of one redeemable warrant, of the Maker at a conversion price of $10.00 per unit. The Conversion

Units shall be identical to the units issued by the Maker in a private placement upon consummation of the Maker’s IPO. The Conversion

Units and any other equity security of the Maker issued or issuable with respect to the foregoing by way of a share dividend or share

split or in connection with a combination of shares, recapitalization, amalgamation, consolidation or reorganization, shall be entitled

to the registration rights set forth in Section 16 hereof.

(b) Upon any complete or partial

conversion of the principal amount of this Note, (i) such principal amount shall be so converted and such converted portion of this Note

shall become fully paid and satisfied, (ii) the Payee shall surrender and deliver this Note, duly endorsed, to the Maker or such other

address which the Maker shall designate against delivery of the Conversion Units, (iii) the Maker shall promptly deliver a new duly executed

Note to the Payee in the principal amount that remains outstanding, if any, after any such conversion and (iv) in exchange for all or

any portion of the surrendered Note, the Maker shall, at the direction of the Payee, deliver to the Payee (or his respective affiliates)

(the Payee or such other persons, the “Holders”) the Conversion Units, which shall bear such legends as are required,

in the opinion of counsel to the Maker or by any other agreement between the Maker and the Payee and applicable state and federal securities

laws.

any and all issue and other taxes that may be payable with respect to any issue or delivery of the Conversion Units upon conversion of

this Note pursuant hereto; provided, however, that the Holders shall not be obligated to pay any transfer taxes resulting from any transfer

requested by the Holders in connection with any such conversion.

(d) The Conversion Units shall

not be issued upon conversion of this Note unless such issuance and such conversion comply with all applicable provisions of law.

16. Registration Rights.

(a) Reference is made to that

certain Registration Rights Agreement between the Maker and the parties thereto, dated as of September 5, 2024 (the “Registration

Rights Agreement”). All capitalized terms used in this Section 16 shall have the same meanings ascribed to them in the Registration

Rights Agreement.

(b) The Holders shall be entitled

to one Demand Registration, which shall be subject to the same provisions as set forth in Section 2.1 of the Registration Rights Agreement.

be entitled to include the Conversion Units and their underlying securities in Piggyback Registrations, which shall be subject to the

same provisions as set forth in Section 2.2 of the Registration Rights Agreement; provided, however, that in the event that an underwriter

advises the Maker that the Maximum Number of Securities has been exceeded with respect to a Piggyback Registration, the Holders shall

not have any priority for inclusion in such Piggyback Registration.

(d) Except as set forth above,

the Holders and the Maker, as applicable, shall have all of the same rights, duties and obligations set forth in the Registration Rights

Agreement.

[Remainder of page intentionally left blank.

Signature page follows.]

IN WITNESS WHEREOF,

the Maker, intending to be legally bound hereby, has caused this Note to be duly executed by the undersigned as of the day and year first

above written.

Andretti Acquisition Corp. II

By:

Name:

William M. Brown

Title:

Chief Executive Officer

[Signature Page – Amended and Restated

Promissory Note]

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Cover

Apr. 27, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 27, 2026

Entity File Number

001-42268

Entity Registrant Name

Andretti Acquisition Corp. II

Entity Central Index Key

0002025341

Entity Tax Identification Number

98-1792547

Entity Incorporation, State or Country Code

Entity Address, Address Line One

100 Kimball Place

Entity Address, Address Line Two

Suite 550

Entity Address, City or Town

Alpharetta

Entity Address, State or Province

Entity Address, Postal Zip Code

30009

City Area Code

770

Local Phone Number

299-2201

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant

Title of 12(b) Security

Units, each consisting of one Class A Ordinary Share and one-half of one Redeemable Warrant

Trading Symbol

POLEU

Security Exchange Name

NASDAQ

Class A Ordinary Shares, par value $0.0001 per share

Title of 12(b) Security

Class A Ordinary Shares, par value $0.0001 per share

Trading Symbol

POLE

Security Exchange Name

NASDAQ

Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share

Title of 12(b) Security

Redeemable Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share

Trading Symbol

POLEW

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=POLEW_UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=POLEW_ClassOrdinarySharesParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=POLEW_RedeemableWarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: