---
title: "ARMADA ACQUISITION CORP II C/WTS 21/05/2030 (TO PUR COM) | 10-K: FY2025 Revenue: USD 0"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/268668875.md"
published_at: "2025-12-04T21:49:55.000Z"
---

# ARMADA ACQUISITION CORP II C/WTS 21/05/2030 (TO PUR COM) | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.11.

EBIT: As of FY2025, the actual value is USD -5.184 M.

### Segment Revenue

-   **Total Revenue**: $230,000,000 from the Initial Public Offering (IPO) of 23,000,000 units at $10.00 per unit, including the full exercise of the over-allotment option of 3,000,000 units.

### Operational Metrics

-   **Net Income**: $1,771,983 for the period from October 3, 2024 (inception) through September 30, 2025.
-   **General and Administrative Costs**: $1,706,183 for the period from October 3, 2024 (inception) through September 30, 2025.
-   **Interest Earned on Cash and Marketable Securities Held in Trust Account**: $3,478,166 for the period from October 3, 2024 (inception) through September 30, 2025.

### Cash Flow

-   **Operating Cash Flow**: Net cash used in operating activities was $349,425 for the period from October 3, 2024 (inception) through September 30, 2025.
-   **Investing Cash Flow**: Net cash used in investing activities was $231,150,000 for the period from October 3, 2024 (inception) through September 30, 2025.
-   **Financing Cash Flow**: Net cash provided by financing activities was $231,860,530 for the period from October 3, 2024 (inception) through September 30, 2025.

### Unique Metrics

-   **Cash and Marketable Securities Held in Trust Account**: $234,628,166 as of September 30, 2025.
-   **Class A Ordinary Shares Subject to Possible Redemption**: 23,000,000 shares at a redemption value of $10.20 per share, totaling $234,628,166.

### Outlook / Guidance

-   The company has entered into a Business Combination Agreement with Evernorth Holdings Inc., Pathfinder Digital Assets LLC, and Ripple Labs Inc., among others, which is expected to close upon meeting certain conditions, including shareholder approval.

### Related Stocks

- [XRPNW.US - ARMADA ACQUISITION CORP II C/WTS 21/05/2030 (TO PUR COM)](https://longbridge.com/en/quote/XRPNW.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.