The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net income | 773,935 | -68,023 |
| Interest earned on cash held in trust account | 919,562 | - |
| Payment of general and administrative expenses through promissory note related party | 49,743 | - |
| Prepaid expenses and insurance | -1,938 | - |
| Payment of expense through promissory note related party | - | 44,431 |
| Long-term prepaid insurance | -10,370 | - |
| Accrued expenses | - | 23,592 |
| Accounts payable and accrued expenses | 73,776 | - |
| Net cash used in operating activities | -9,800 | 0 |
| Cash held in trust account | 168,500,000 | - |
| Net cash used in investing activities | -168,500,000 | - |
| Proceeds from sale of units, net of underwriting discounts paid | 165,505,000 | - |
| Proceeds from sale of private placement units | 4,380,000 | - |
| Repayments of short-term loan | 48,867 | - |
| Repayment of promissory note related party | 421,500 | - |
| Payment of offering costs | 50,000 | - |
| Net cash provided by financing activities | 169,364,633 | - |
| Net change in cash | 854,833 | 0 |
| Cash beginning of period | 0 | 0 |
| Cash end of period | 854,833 | 0 |
Iris Acquisition Corp II (IRAB-UN)
Iris Acquisition Corp II (IRAB-UN)