Viking Acquisition II Q2 net loss widens to $928,080
VII•IPO and transaction costs
The company said it completed its initial public offering on July 6, 2026, raising $230 million from the sale of 23,000,000 units.
- It also raised $6.1 million from 610,000 private placement units.
- Transaction costs were $14.35 million, including $9.2 million of deferred underwriting fees payable upon completion of an initial business combination.
Q2 results and inception-period loss
Viking Acquisition Corp. II posted a net loss of $928,080 for the three months ended June 30, 2026.
- The net loss reflected formation, general and administrative costs of $68,045 and share-based compensation expense of $860,035.
- For the period from inception on Feb. 24, 2026 through June 30, 2026, net loss totaled $932,622.
- The company had no revenue.
- As of June 30, 2026, it reported no cash and a working capital deficit of $384,743.
