For Q2 FY2026 ended March 31, 2026, Armada Acquisition Corp. II reported net income of $1,131,313, a significant increase from the prior year. Operating income was a loss of $973,748. Cash stood at $88,640, and shareholders' equity was negative $14,023,966.
•Net income of $1,131,313, up 160,343% year-over-year.
•Operating loss of $973,748, compared to a loss of $706 in the prior year.
•Cash and cash equivalents of $88,640.
•Shareholders' deficit of $14,023,966.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Armada Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses in the technological services. The company was incorporated in 2024 and is based in Miami, Florida.
Armada Acquisition Corp. II is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company specifically targets businesses in the technological services sector. As a shell company, it does not currently have its own operations or revenue; its primary activity is to identify and acquire a private company to take public through a business combination. The company was incorporated in 2024 and is based in Miami, Florida.
On which stock exchange is Armada Acquisition Corp. II listed and what currency does it trade in?
Armada Acquisition Corp. II is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol XRPN. The company trades in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being listed on Nasdaq provides the company with access to a broad base of institutional and retail investors, and it must comply with the exchange's listing requirements, including corporate governance and financial reporting standards.
What sector and industry does Armada Acquisition Corp. II belong to?
Armada 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, often formed to raise capital through an initial public offering (IPO) with the intention of acquiring or merging with an existing private company. In this case, the company focuses on the technological services sector for its target acquisition. As a shell company, it does not provide financial services directly but serves as a vehicle for a future business combination.
Where is Armada Acquisition Corp. II headquartered and what is its geographic focus?
Armada Acquisition Corp. II is headquartered in Miami, Florida, United States. The company's geographic focus is primarily the United States, as indicated by its country and region being listed as 'United States' and 'us'. While the company targets businesses in the technological services sector, its operations and potential acquisition targets are likely to be based in the U.S. market. Miami is a growing hub for finance and technology, providing a strategic location for identifying and executing a business combination with a suitable target company.
How does Armada Acquisition Corp. II make money?
As a shell company, Armada Acquisition Corp. II does not generate revenue from operations. Its business model is to raise capital through an initial public offering (IPO) and then use those funds to acquire or merge with a private company in the technological services sector. The company makes money indirectly through the success of the eventual business combination: if the target company performs well post-merger, the value of the combined entity's shares may increase, benefiting shareholders. Additionally, the company's management may earn fees or carried interest from the transaction. Until a business combination is completed, the company holds its IPO proceeds in trust and may earn interest on those funds.