--- title: "A SPAC II ACQUISITION CORP | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/276168606.md" datetime: "2026-02-17T21:14:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276168606.md) - [en](https://longbridge.com/en/news/276168606.md) - [zh-HK](https://longbridge.com/zh-HK/news/276168606.md) --- # A SPAC II ACQUISITION CORP | 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 -0.06. EBIT: As of FY2025, the actual value is USD -470.02 K. A SPAC II Acquisition Corp. operates as a single segment and has not generated any operating revenues to date, nor does it expect to until after its initial Business Combination. #### Net Income/Loss For the year ended December 31, 2025, the company reported a net loss of - $224,482, which is a decrease from the net income of $155,060 reported for the year ended December 31, 2024. #### Loss from Operations Loss from operations for the year ended December 31, 2025, was - $347,251, an improvement compared to the - $610,857 loss from operations for the year ended December 31, 2024. #### General and Administrative Expenses General and administrative expenses were $347,251 for the year ended December 31, 2025, a decrease from $610,857 for the year ended December 31, 2024. #### Interest Income Interest earned on investments held in the Trust Account was $120,460 for 2025, a significant decrease from $754,753 for 2024. Interest earned in the bank account was $2,309 for 2025, also lower than $11,164 for 2024. #### Cash Flow from Operating Activities Net cash used in operating activities was - $363,076 for the year ended December 31, 2025, which is less than the - $459,004 used in the prior year ended December 31, 2024. #### Cash Flow from Investing Activities Net cash provided by investing activities was $4,078,486 for the year ended December 31, 2025, representing cash withdrawn from the Trust Account to pay public shareholder redemptions. This was substantially lower than the $18,165,082 provided in 2024 for the same purpose. #### Cash Flow from Financing Activities Net cash used in financing activities was - $3,856,256 for the year ended December 31, 2025, which included - $4,078,486 for public shareholder redemptions, partially offset by $134,230 from promissory notes to the Sponsor and $88,000 from advances from a related party. In comparison, net cash used in financing activities was - $18,007,244 for the year ended December 31, 2024, which included - $18,165,082 for public shareholder redemptions, partially offset by $157,838 from promissory notes to the Sponsor. #### Financial Position As of December 31, 2025, cash held outside the Trust Account was $135, with a working capital deficit of - $645,353. Investments held in the Trust Account decreased significantly from $4,485,356 as of December 31, 2024, to $527,330 as of December 31, 2025. The company had promissory notes from a related party totaling $292,068 outstanding as of December 31, 2025, an increase from $157,838 as of December 31, 2024. A deferred underwriting fee payable of $7,000,000 remained outstanding as of both December 31, 2025, and December 31, 2024. #### Outlook / Guidance A SPAC II Acquisition Corp. intends to complete an initial business combination by August 5, 2027, and anticipates continued significant professional and transaction costs. The company’s plan to address substantial doubt about its ability to continue as a going concern relies on completing a business combination and securing additional financing through Working Capital Loans. However, there is no assurance these plans will succeed, and the company currently lacks commitments for such financing. ### Related Stocks - [ASCBF.US](https://longbridge.com/en/quote/ASCBF.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md) - [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md) - [09:12 ETOctane Closes $350 Million Forward-Flow Agreement with Nuveen](https://longbridge.com/en/news/287072724.md)