Form 4: Helix Holdings II LLC Transfers Class B Ordinary Shares Following Director Appointment

Helix Holdings II LLC reports the transfer of 30,000 Class B Ordinary Shares to Albert A. Holman, III, in connection with his appointment as a director of Helix Acquisition Corp. II.

Summary

• On February 8, 2025, Helix Holdings II LLC transferred 30,000 Class B Ordinary Shares to Albert A. Holman, III.
• This transfer was related to Mr. Holman's appointment as a director of Helix Acquisition Corp. II.
• Following the transaction, Helix Holdings II LLC continues to beneficially own 4,480,000 Class A Ordinary Shares directly.
• The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments.
• Bihua Chen, as manager of Helix Holdings II LLC, has voting and investment discretion over the shares held by the Reporting Person and disclaims beneficial ownership except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a director appointment and share transfer, indicating a neutral sentiment.

Future Outlook

The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment.

Management Comments

• Bihua Chen disclaims any beneficial ownership of the securities held by the Reporting Person other than to the extent of any pecuniary interest she may have therein, directly or indirectly.

Industry Context

This Form 4 filing is a routine disclosure related to changes in beneficial ownership following a director appointment, common in publicly traded companies, especially SPACs like Helix Acquisition Corp. II.

Management Changes

Stakeholder Impact

• The appointment of a new director could potentially impact strategic decisions and corporate governance, affecting shareholders.

Key Dates