For Q1 FY2026 (ended March 31, 2026), Andretti Acquisition Corp. II reported net income of $1.84 million, down 18.7% year-over-year. Operating loss widened to $0.31 million, a 59.5% increase from the prior year. Diluted EPS was $0.08, up 60% from the prior year. The company had $0.15 million in cash and negative equity of $10.56 million.
•Net income fell 18.7% YoY to $1.84 million.
•Operating loss widened 59.5% to $0.31 million.
•Diluted EPS improved 60% to $0.08.
•Cash stood at $0.15 million; equity was negative $10.56 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Andretti Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Andretti Acquisition Corp. II was incorporated in 2024 and is based in Alpharetta, Georgia.
What does Andretti Acquisition Corp. II (POLE) do?
Andretti Acquisition Corp. II is a shell company that currently does not have significant operations. Its primary business purpose is to identify and complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. In essence, it is a special purpose acquisition company (SPAC) formed to acquire or merge with an existing company, thereby taking that company public. As of now, the company has not yet identified a target business for such a combination.
Where is Andretti Acquisition Corp. II (POLE) listed and in which currency?
Andretti Acquisition Corp. II is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol POLE. Its financials are reported in US Dollars (USD), which is the standard currency for companies listed on US exchanges. The company is headquartered in Alpharetta, Georgia, and operates within the United States.
What sector and industry does Andretti Acquisition Corp. II (POLE) belong to?
Andretti 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. They are often formed for the purpose of raising capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing private company, thereby providing that company with a public listing. As a SPAC, Andretti Acquisition Corp. II falls into this category.
Where is Andretti Acquisition Corp. II (POLE) headquartered and when was it incorporated?
Andretti Acquisition Corp. II is headquartered in Alpharetta, Georgia, United States. The company was incorporated in 2024, making it a relatively new entity. Its focus is on the US market, and it is listed on the Nasdaq exchange, which is a major US stock exchange. The company's location and incorporation date are key details for investors tracking its progress toward identifying a target business combination.