Pyrophyte Acquisition II LLC

2 deals · 0 closed · 1 liquidated · 1 in flight

Pyrophyte Acquisition II LLC is the sponsor entity behind two SPAC vehicles that entered the market beginning in 2021, targeting opportunities in the energy and energy-transition sector. The sponsor's debut vehicle, Pyrophyte Acquisition Corp. (ticker: PHYT), completed its IPO in 2021 and was ultimately liquidated without closing a business combination, a result consistent with the broader wave of blank-check company wind-downs seen across the SPAC market during 2022 and 2023. Across its two sponsored deals, the firm has recorded zero completed mergers and one confirmed liquidation to date. Pyrophyte's track record and current deal statuses are tracked in full on SpacDesk — sign up for complete sponsor analytics, filing histories, and deal timelines.

Hot Seat Score

0Below average

Close rate

Median speed

—

Blended redemption

—

Total votes / extensions

1 / 1

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

Total IPO Capital

$407.5M

Avg Extensions / Deal

0.0

Canonical

pyrophyte acquisition

Promote Economics (2 SPACs with data)

Avg Promote %

26.5%

Total At-Risk

$14.6M

Total PP Warrants

14,550,000

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
PHYTF	Pyrophyte Acquisition Corp.	2021-10-28	$206.3M	Liquidated	Sio Silica Corporation	liq 2023-04-28	0
PAII-UN	Pyrophyte Acquisition Corp. II	2025-07-17	$201.3M	Searching	—	—	0