---
title: "ARMADA ACQUISITION CORP II C/WTS 21/05/2030 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/275943686.md"
published_at: "2026-02-13T21:04:07.000Z"
---

# ARMADA ACQUISITION CORP II C/WTS 21/05/2030 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD -0.02.

EBIT: As of FY2026 Q1, the actual value is USD -5.208 M.

### Overview

Armada Acquisition Corp. II is a blank check company that has not yet commenced operations or generated operating revenues, with operating revenues expected only after the completion of a Business Combination. The company generates non-operating income from interest on investments held in its Trust Account .

#### Net Loss

-   For the three months ended December 31, 2025, the company reported a net loss of - $603,760 .
-   This compares to a net loss of - $45,784 for the period from October 3, 2024 (inception) through December 31, 2024 .

#### General and Administrative Costs

-   General and administrative costs amounted to $2,905,649 for the three months ended December 31, 2025, primarily consisting of accounting and legal fees related to business combination agreements .
-   For the period from October 3, 2024 (inception) through December 31, 2024, these costs were $45,784 .

#### Interest Income

-   Interest earned on cash and marketable securities held in the Trust Account was $2,301,889 for the three months ended December 31, 2025 .
-   No interest income was reported for the period from October 3, 2024 (inception) through December 31, 2024 .

#### Cash and Marketable Securities

-   As of December 31, 2025, cash and marketable securities held in the Trust Account totaled $236,930,055, including approximately $5,780,055 in interest income .
-   This represents an increase from $234,628,166 as of September 30, 2025 .
-   The company’s operating bank accounts held $287,074 in cash as of December 31, 2025, down from $361,105 as of September 30, 2025 .

#### Cash Flow from Operating Activities

-   Cash used in operating activities for the three months ended December 31, 2025, was - $74,031 .
-   For the period from October 3, 2024 (inception) through December 31, 2024, cash used in operating activities was $0 .

#### Working Capital

-   As of December 31, 2025, the company had a working capital deficit of - $3,812,654 .

#### Future Outlook and Strategy

Armada Acquisition Corp. II aims to complete a business combination by November 22, 2026, focusing on target businesses in FinTech, Software-as-a-Service (SaaS), or artificial intelligence (AI) . The company entered into a Business Combination Agreement on October 19, 2025, with Evernorth Holdings Inc., Pathfinder Digital Assets LLC, and Ripple Labs Inc. . To finance this, $224.55 million in cash and 262,119,096.061435 XRP tokens have been secured through PIPE transactions, with proceeds to be used for working capital, general corporate purposes, and XRP purchase .

### Related Stocks

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

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| SEVEN HILLS RLTY TR COM USD0.001 (S/R 04/12/2025)｜10-K：2025 财年营收 29.38 百万美元 |  | [Link](https://longbridge.com/en/news/276274032.md) |
| AIRSHIP AI HOLDINGS INC C/WTS 21/12/2028(TO PUR COM)｜8-K：2025 财年 Q4 营收 6.5 百万美元 |  | [Link](https://longbridge.com/en/news/276169354.md) |
| Upbound｜8-K：2025 财年 Q4 营收 12 亿美元超过预期 |  | [Link](https://longbridge.com/en/news/276333236.md) |
| AIRSHIP AI HOLDINGS INC C/WTS 21/12/2028(TO PUR COM)｜10-K：2025 财年营收 15.32 百万美元 |  | [Link](https://longbridge.com/en/news/276134447.md) |
| BiomX｜10-K：2025 财年营收 0 美元 |  | [Link](https://longbridge.com/en/news/276356728.md) |

---

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