AMENDMENT NO. 1 TO SECURITIES PURCHASE AGREEMENT
This Amendment No. 1 (this “Amendment”) to that certain Securities Purchase Agreement (the “Purchase Agreement”), dated as of March 4, 2026, by and among Bleichroeder Acquisition Corp. II, a Cayman Islands exempted company (the “Company”), Bleichroeder Acquisition 2 France, a société par actions simplifiée formed under the laws of the Republic of France and wholly owned subsidiary of the Company (“Merger Sub”, and together with the Company, the “SPAC Parties”), and the purchasers identified on the signature pages thereto, including any purchaser’s successors and assigns (collectively, the “Existing Purchasers”), is entered into by and among the Company, Merger Sub, Inflection Point Fund I, LP (“Inflection Point”) and the additional purchasers identified on the signature pages hereto (collectively, the “New Purchasers” and, together with the Existing Purchasers, the “Purchasers” and each a “Purchaser”), effective as of May 23, 2026 (the “Effective Date”).
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