For the quarter ending 2026-03-31, PAII had -$426,077 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 1,463,430 | 1,638,094 | 1,437,769 | -102,000 |
| Gain on marketable securities (net), dividends and interest, held in trust account | - | - | 1,632,757 | - |
| Dividends and interest earned on marketable securities held in the trust account | 1,801,865 | 3,601,747 | - | - |
| Formation and operating expenses paid in exchange for founder shares | - | 0 | 5,000 | - |
| Prepaid expenses | 183,051 | 347,158 | - | - |
| Prepaid and other assets | - | - | 360,379 | - |
| Accounts payable | 50,409 | 38,948 | - | - |
| Accrued expenses | 45,000 | 0 | -4,500 | 29,500 |
| Net cash used in operating activities | -426,077 | -278,727 | -627,367 | 0 |
| Investment of cash into trust account | - | 0 | 200,411,500 | - |
| Net cash used in investing activities | - | 0 | -200,411,500 | - |
| Proceeds from sale of units | - | 0 | 200,411,500 | - |
| Proceeds from sale of private placement warrants | - | 0 | 4,396,555 | - |
| Offering costs paid | - | 0 | 3,047,961 | - |
| Net cash provided by financing activities | - | 0 | 201,760,094 | - |
| Net decrease in cash | -426,077 | -278,727 | 721,227 | 0 |
| Cash - beginning of period | 442,500 | - | 0 | - |
| Cash - end of period | 16,423 | 442,500 | 721,227 | - |
Pyrophyte Acquisition Corp. II (PAII)
Pyrophyte Acquisition Corp. II (PAII)