---
title: "A SPAC II ACQUISITION CORP C/WTS 15/10/2026 (TO PUR COM) | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276168625.md"
datetime: "2026-02-17T21:14:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276168625.md)
  - [en](https://longbridge.com/en/news/276168625.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276168625.md)
---

# A SPAC II ACQUISITION CORP C/WTS 15/10/2026 (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 -0.06.

EBIT: As of FY2025, the actual value is USD -470.02 K.

The company operates as a single segment, therefore, no segmented financial metrics are reported.

#### Operational Metrics

-   **Net Income (Loss)**:
    -   For the year ended December 31, 2025, the company reported a net loss of - $224,482.
    -   For the year ended December 31, 2024, the company reported a net income of $155,060.
-   **Loss from Operations**:
    -   For the year ended December 31, 2025, the loss from operations was - $347,251.
    -   For the year ended December 31, 2024, the loss from operations was - $610,857.
-   **General and Administrative Expenses**:
    -   For the year ended December 31, 2025, general and administrative expenses amounted to $347,251.
    -   For the year ended December 31, 2024, general and administrative expenses amounted to $610,857.
-   **Interest Earned on Investments Held in Trust Account**:
    -   For the year ended December 31, 2025, interest earned was $120,460.
    -   For the year ended December 31, 2024, interest earned was $754,753.
-   **Interest Earned in Bank Account**:
    -   For the year ended December 31, 2025, interest earned was $2,309.
    -   For the year ended December 31, 2024, interest earned was $11,164.

#### Cash Flow

-   **Net Cash Used in Operating Activities**:
    -   For the year ended December 31, 2025, net cash used was - $363,076.
    -   For the year ended December 31, 2024, net cash used was - $459,004.
-   **Net Cash Provided by Investing Activities**:
    -   For the year ended December 31, 2025, net cash provided was $4,078,486, primarily from cash withdrawn from the Trust Account to pay public shareholder redemptions.
    -   For the year ended December 31, 2024, net cash provided was $18,165,082, primarily from cash withdrawn from the Trust Account to pay public shareholder redemptions.
-   **Net Cash Used in Financing Activities**:
    -   For the year ended December 31, 2025, net cash used was - $3,856,256, which included - $4,078,486 in public shareholder redemptions, offset by $134,230 from promissory notes to the Sponsor and $88,000 from related party advances.
    -   For the year ended December 31, 2024, net cash used was - $18,007,244, which included - $18,165,082 in public shareholder redemptions, offset by $157,838 from promissory notes to the Sponsor.

#### Unique Metrics

-   **Marketable Securities Held in Trust Account**: As of December 31, 2025, the company held $527,330 in marketable securities.
-   **Cash Outside Trust Account**: As of December 31, 2025, the company had $135 in cash outside the Trust Account.
-   **Working Capital Deficit**: As of December 31, 2025, the company had a working capital deficit of - $645,353.
-   **Promissory Note – Related Party**: As of December 31, 2025, an aggregate of $292,068 was outstanding under promissory notes to the Sponsor, compared to $157,838 as of December 31, 2024.

#### Outlook / Guidance

The company is a blank check company with no operations, aiming to complete a business combination by August 5, 2027. Management faces substantial doubt about the company’s ability to continue as a going concern due to recurring losses, a working capital deficit, and the need for additional financing. The company plans to address this uncertainty through the completion of a business combination and securing financing via Working Capital Loans, though there is no assurance of success.

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