EQV Ventures Acquisition Corp. II (the Company) is a blank check company incorporated in the Cayman Islands on September 9, 2024, formed to effect a business combination with one or more businesses. The Company completed its Initial Public Offering (IPO) on July 3, 2025, raising gross proceeds of $460,000,000 from the sale of 46,000,000 units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A ordinary share at $11.50. Simultaneously with the IPO, the Company sold 400,000 Sponsor Private Placement Units to its Sponsor for $4,000,000 and 387,857 Underwriter Private Placement Units to BTIG, LLC for $3,878,570. As of December 31, 2025, $469,017,981 was held in a trust account, primarily invested in U.S. government securities, including approximately $9,517,981 in interest income. The Company reported net income of $8,916,352 for the year ended December 31, 2025, primarily from interest earned on trust account investments, offset by $742,266 in general and administrative costs. The Company has until July 3, 2027 (24 months from IPO closing), or an earlier board-approved date, to complete an initial business combination, unless shareholders approve an extension. The primary strategy is to identify and acquire a target business in the broadly defined energy industry, particularly the upstream exploration and production sector, with a focus on North America, Europe, and other international markets.