For Q1 FY2026 ended March 31, 2026, Drugs Made In America Acquisition II Corp. reported net income of $4.34 million, a significant increase from the prior year. Operating income was a loss of $132,030, and the company had cash of $347,720 with negative equity of $17.81 million.
•Net income of $4.34 million, up 7,411.7% year-over-year.
•Operating loss of $132,030, worsening 122.5% from prior year.
•Cash balance of $347,720; shareholders' deficit of $17.81 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Drugs Made In America Acquisition II does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses.
It intends to source and evaluate companies focused on the pharmaceutical sector. Drugs Made In America Acquisition II Corp. was incorporated in 2024 and is based in New York, New York.
What does Drugs Made In America Acquisition II Corp. do?
Drugs Made In America Acquisition II Corp. is a shell company that currently does not have significant operations. Its primary purpose is to identify and complete a business combination with one or more companies. The firm focuses on sourcing and evaluating businesses within the pharmaceutical sector. It may pursue a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar transaction. Essentially, it is a special purpose acquisition company (SPAC) formed to acquire or merge with a target company in the pharmaceutical industry.
Where is Drugs Made In America Acquisition II Corp. listed and what currency does it trade in?
Drugs Made In America Acquisition II Corp. is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol DMII. The stock trades in US dollars (USD). As a US-based company listed on a major American exchange, its financial reporting and trading are conducted in USD, making it accessible to investors in the United States and globally.
What sector and industry does Drugs Made In America Acquisition II Corp. belong to?
Drugs Made In America Acquisition II Corp. 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. They are often created for the purpose of raising capital through an initial public offering (IPO) and later acquiring or merging with an operating business. In this case, the company is specifically targeting the pharmaceutical sector for its future business combination.
Where is Drugs Made In America Acquisition II Corp. headquartered?
Drugs Made In America Acquisition II Corp. is headquartered in New York, New York, United States. The company was incorporated in 2024 and is based in New York City. As a US-based entity, it focuses on sourcing potential acquisition targets primarily in the pharmaceutical sector, though its operations are currently limited to seeking a business combination.
What is the business model of Drugs Made In America Acquisition II Corp.?
Drugs Made In America Acquisition II Corp. operates as a blank check company, also known as a special purpose acquisition company (SPAC). Its business model involves raising capital through an initial public offering (IPO) and then using those funds to acquire or merge with an existing operating business. The company does not generate revenue from operations; instead, it holds cash in trust until a suitable target is identified. Once a business combination is completed, the company's shareholders will own a stake in the combined entity. The company has stated its intention to focus on targets in the pharmaceutical sector.