Viking Acquisition Corp. II filed a Form 8-K on September 21, 2026, disclosing that it issued an amended and restated convertible unsecured promissory note in the aggregate principal amount of $544,080.00 to its sponsor following an additional $30,000 advance on September 18, 2026.

Key Highlights

  • Amended note principal: The amended and restated note totals $544,080.00, replacing the prior note of $514,080.00.
  • Additional advance: The Sponsor advanced an additional $30,000 to the company on September 18, 2026, for working capital purposes.
  • No interest accrual: According to the filing, the principal balance shall not accrue interest.
  • Conversion terms: The Sponsor may elect to convert all or a portion of the principal at $10.00 per unit into private-placement-equivalent units upon consummation of the initial business combination.
  • Maximum convertible units: The note is convertible into a maximum of 54,408 New Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant.
  • Warrant exercise price: Each whole redeemable warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share.

Viking Acquisition Corp. II Issues Amended Working Capital Note to Sponsor

According to the filing, Viking Acquisition Corp. II (NYSE:VII) originally issued a convertible unsecured promissory note in the aggregate principal amount of $514,080.00 to Viking Acquisition Sponsor II, LLC (the "Sponsor") on August 19, 2026. On September 18, 2026, the Sponsor advanced an additional $30,000 to the company for working capital purposes, prompting the issuance of an amended and restated convertible unsecured promissory note in the aggregate principal amount of $544,080.00. The new note, the filing states, "amends, restates, supersedes and replaces the Prior Note in its entirety."

The filing discloses that repayment of the principal balance is due on the earlier of the date the company consummates its initial business combination or the date the winding up of the company becomes effective. No interest accrues on the outstanding balance. At the Sponsor's election upon consummation of an initial business combination, all or a portion of the principal may be converted at $10.00 per unit into units identical to those issued in the company's initial public offering, rounded down to the nearest whole unit, for a maximum of 54,408 New Units.

Each New Unit would consist of one Class A ordinary share, par value $0.0001 per share, and one-third of one redeemable warrant. Each whole warrant would entitle the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, exercisable 30 days after the completion of the company's initial business combination, subject to certain terms and conditions. The company disclosed it relied upon Section 4(a)(2) of the Securities Act of 1933, as amended, in connection with the issuance of the note.

What Was Disclosed

Viking Acquisition Corp. II disclosed the issuance of an amended and restated convertible working capital note of $544,080.00 to its sponsor, covering a new $30,000 advance, with no interest, deferred repayment terms, and an option to convert into up to 54,408 units at $10.00 per unit.