---
title: "Armada Acquisition II - Unit | 10-Q: FY2026 Q2 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286350629.md"
datetime: "2026-05-14T03:21:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286350629.md)
  - [en](https://longbridge.com/en/news/286350629.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286350629.md)
generator: "portal-rs"
---

# Armada Acquisition II - Unit | 10-Q: FY2026 Q2 Revenue: USD 0

Revenue: As of FY2026 Q2, the actual value is USD 0.

EPS: As of FY2026 Q2, the actual value is USD 0.04.

EBIT: As of FY2026 Q2, the actual value is USD -3.079 M.

### Overview

Armada Acquisition Corp. II is a blank check company formed on October 3, 2024, with a focus on FinTech, Software-as-a-Service (SaaS), or artificial intelligence (AI) businesses for a potential business combination. The company has not commenced operations and does not generate operating revenues; instead, non-operating income is derived from interest on investments held in the Trust Account .

### Financial Performance

#### Net Income (Loss)

-   For the three months ended March 31, 2026, the company reported a net income of $1,131,313 .
-   For the three months ended March 31, 2025, the company reported a net loss of - $706 .
-   For the six months ended March 31, 2026, the company reported a net income of $527,553 .
-   For the period from October 3, 2024 (inception) through March 31, 2025, the company reported a net loss of - $46,490 .

#### General and Administrative Costs

-   For the three months ended March 31, 2026, general and administrative costs were $973,748 .
-   For the three months ended March 31, 2025, general and administrative costs were $706 .
-   For the six months ended March 31, 2026, general and administrative costs were $3,879,397 .
-   For the period from October 3, 2024 (inception) through March 31, 2025, general and administrative costs were $46,490 .

#### Interest Earned on Trust Account

-   Interest earned on cash and marketable securities held in the Trust Account was $2,105,061 for the three months ended March 31, 2026 .
-   For the three months ended March 31, 2025, no interest was earned .
-   For the six months ended March 31, 2026, interest earned was $4,406,950 .
-   For the period from October 3, 2024 (inception) through March 31, 2025, no interest was earned .

#### Loss from Operations

-   Loss from operations was - $973,748 for the three months ended March 31, 2026 .
-   Loss from operations was - $706 for the three months ended March 31, 2025 .
-   Loss from operations was - $3,879,397 for the six months ended March 31, 2026 .
-   Loss from operations was - $46,490 for the period from October 3, 2024 (inception) through March 31, 2025 .

### Cash Flow

#### Net Cash Used in Operating Activities

-   For the six months ended March 31, 2026, net cash used in operating activities was - $272,465 .
-   For the period from October 3, 2024 (inception) through March 31, 2025, net cash used in operating activities was - $25,601 .

### Key Financial Position Metrics

#### Cash and Marketable Securities Held in Trust Account

-   As of March 31, 2026, this amounted to $239,035,116 .
-   As of September 30, 2025, this amounted to $234,628,166 .

#### Total Liabilities

-   Total liabilities were $14,295,577 as of March 31, 2026 .
-   Total liabilities were $10,715,994 as of September 30, 2025 .

#### Accumulated Deficit

-   The accumulated deficit was - $14,024,825 as of March 31, 2026 .
-   The accumulated deficit was - $10,145,428 as of September 30, 2025 .

#### Class A Ordinary Shares Subject to Possible Redemption

-   As of March 31, 2026, the value was $239,035,116 .
-   As of September 30, 2025, the value was $234,628,166 .

### Future Outlook and Strategy

Armada Acquisition Corp. II entered into a Business Combination Agreement on October 19, 2025, with Evernorth Holdings Inc., Pathfinder Digital Assets LLC, and Ripple Labs Inc., aiming to make Evernorth Holdings Inc. a publicly traded company upon consummation . The company plans to raise additional funds through private placement transactions (PIPEs) or other capital raising methods . Management has expressed substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed by November 22, 2026 .

### Related Stocks

- [XRPNU.US](https://longbridge.com/en/quote/XRPNU.US.md)

## Related News & Research

- [Pininfarina announces availability of H1 2026 interim financial report](https://longbridge.com/en/news/298044460.md)
- [Gaming and Leisure Properties declares Q3 2026 dividend of $0.82 per share](https://longbridge.com/en/news/297652371.md)
- [Alexandria Real Estate Equities declares Q3 2026 dividend of R$ 0.63 per unit](https://longbridge.com/en/news/297928934.md)
- [Marisa updates financial events calendar for 2026](https://longbridge.com/en/news/297913424.md)
- [Quanta Services announces dividend of R$ 0.03 per unit for Q3 2026](https://longbridge.com/en/news/297931955.md)

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