For Q1 FY2026 ended March 31, 2026, Alussa Energy Acquisition Corp. II reported net income of $2.2 million, a substantial increase from the prior year, while operating income was a loss of $0.3 million. The company had cash of $0.8 million and negative equity of $17.7 million. No revenue was reported.
•Net income of $2.2 million, up significantly year-over-year.
•Operating loss of $0.3 million.
•Cash balance of $0.8 million; negative equity of $17.7 million.
•No revenue generated in the quarter.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Alussa Energy Acquisition Corp. II focuses on effecting a merger, amalgamation, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Austin, Texas.
What does Alussa Energy Acquisition Corp. II (ALUB) do?
Alussa Energy Acquisition Corp. II is a blank check company, also known as a special purpose acquisition company (SPAC), that was formed for the purpose of effecting a merger, amalgamation, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company does not have its own operations or revenue; instead, it raises capital through an initial public offering (IPO) to acquire or merge with an existing private company, thereby taking it public. As a shell company in the financial services sector, its primary activity is identifying and completing a target business combination within a specified timeframe.
Where is Alussa Energy Acquisition Corp. II listed and what currency does it trade in?
Alussa Energy Acquisition Corp. II is listed on the New York Stock Exchange (NYSE) under the ticker symbol ALUB. The company trades in US Dollars (USD), which is the standard currency for equities listed on US exchanges. Being listed on the NYSE provides the company with access to a broad base of institutional and retail investors, as well as high liquidity and visibility in the global financial markets.
What sector and industry does Alussa Energy Acquisition Corp. II belong to?
Alussa Energy Acquisition Corp. II operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, existing primarily to raise capital through an IPO with the intention of acquiring or merging with another business. In plain language, this means the company is a SPAC that serves as a vehicle for taking a private company public without going through the traditional IPO process.
Where is Alussa Energy Acquisition Corp. II headquartered and what is its geographic focus?
Alussa Energy Acquisition Corp. II is headquartered in Austin, Texas, United States. The company was incorporated in 2024 and is based in the US, which is its primary market. As a SPAC, its geographic focus is not limited to a specific region, but its listing on the NYSE and incorporation in the US suggest that it will likely target a business combination with a company that has operations in the United States or other English-speaking markets. The company's country is listed as the United States, and its region is designated as 'us'.
How does Alussa Energy Acquisition Corp. II make money?
Alussa Energy Acquisition Corp. II does not generate revenue from operations, as it is a shell company with no active business. Its business model is based on raising capital from investors through an IPO and then using those funds to acquire or merge with a private company. The company's management team typically earns a fee or carried interest in the combined entity after a successful business combination. If the company fails to complete a merger within a specified period (usually 18-24 months), it must return the raised capital to shareholders. Thus, its 'profit' is realized only upon a successful acquisition, where the SPAC's shares convert into shares of the merged company.