Cash outside the trust account rose to $225,380 at June 30, 2026 from $48,469 at year-end, while trust assets increased to $248.59 million.
The SPAC filed a definitive proxy on July 30 seeking to extend its deal deadline to Sept. 9, 2027 after terminating its StoreDot merger agreement in February.
Q2 net income and interest income decline
Andretti Acquisition Corp. II posted net income of $2.01 million for the quarter ended June 30, 2026, down 12.07% from a year earlier.
Interest income on trust investments slipped 11.72% to $2.18 million, while general and administrative costs fell 7.12% to $167,765.
Six-month net income declined 15.35% to $3.85 million, as interest income dropped 12.13% to $4.33 million.