Armada Acquisition II FY26 Q3 net income rises to $1.63 million; interest income climbs to $2.13 million
AACI•Quarterly and nine-month results
Armada Acquisition Corp. II posted Q2 net income of USD 1.63 million, up from USD 887,146 a year earlier.
Trust account interest income rose to USD 2.13 million from USD 982,945, while general and administrative costs climbed to USD 503,862 from USD 95,799.
Net income for the nine months ended June 30, 2026 was USD 2.15 million, with USD 6.54 million of trust interest offset by USD 4.38 million of overhead.
Balance sheet and going-concern warning
Trust account marketable securities totaled USD 241.16 million at June 30, 2026; cash outside trust was USD 54,503.
The company flagged substantial doubt about its ability to continue as a going concern without a business combination by Nov. 22, 2026. USD 135,000 was outstanding under a promissory note.
