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Plutonian Acquisition II to merge with NT1 for $500M

PUBLIC · PLUNSep 22, 2026about 2 hours ago

Acquiring Company

Plutonian Acquisition II

Acquired Company

NT1

New YorkSoftwareArtificial IntelligenceInformation TechnologyHardwareSoftwareVoip

Description

Plutonian Acquisition II has entered into a Business Combination Agreement to acquire NT1 in an all-stock transaction valued at $500 million. NT1 shareholders will receive shares valued at $10.00 each, leading to a merger of the SPAC into a Purchaser subsidiary. The deal is subject to customary approvals and shareholder votes, with a breakup fee applicable for certain breaches.

Company Information

Company

Plutonian Acquisition II

Location

New York, New York, United States

About

Plutonian Acquisition Corp II is a publicly traded special purpose acquisition company (SPAC). The company focuses on acquiring and merging with businesses in various sectors. It aims to provide a platform for the development of businesses and enhance shareholder value.

Fundz sees it the moment Plutonian Acquisition II makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Plutonian Acquisition II's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired NT1?

NT1 was acquired by Plutonian Acquisition II, based in New York. The deal was reported on September 22, 2026. Plutonian Acquisition Corp II is a publicly traded special purpose acquisition company (SPAC). The company focuses on acquiring and merging with businesses in various sectors. Plutonian Acquisition II is publicly traded (PLUN) and operates in Software.

When did Plutonian Acquisition II acquire NT1?

Plutonian Acquisition II's acquisition of NT1 was reported on September 22, 2026. Plutonian Acquisition II has entered into a Business Combination Agreement to acquire NT1 in an all-stock transaction valued at $500 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NT1 do?

NT1 is a company that operates in the digital technology sector. They are known for their innovative solutions in the fields of telecommunications and software applications. The company aims to leverage partnerships to enhance its market position. It is privately held, operating in Information Technology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.