For the quarter ending 2025-12-31, XRPNU has $237,375,559 in assets. $13,495,722 in debts.
| Balance Sheets | 2025-12-31 | 2025-09-30 | ||
|---|---|---|---|---|
| Cash | 287,074 | 361,105 | ||
| Prepaid expenses | 32,517 | 50,067 | ||
| Prepaid insurance | 125,913 | 137,360 | ||
| Total current assets | 445,504 | 548,532 | ||
| Prepaid insurance long-term | 0 | 22,893 | ||
| Cash and marketable securities held in trust account | 236,930,055 | 234,628,166 | ||
| Total assets | 237,375,559 | 235,199,591 | ||
| Accrued offering costs | 75,000 | 75,000 | ||
| Accrued expenses | - | 1,403,430 | ||
| Accounts payable and accrued expenses | 4,183,158 | - | ||
| Total current liabilities | 4,258,158 | 1,478,430 | ||
| Deferred professional fees | 37,564 | 37,564 | ||
| Deferred underwriting fee payable | 9,200,000 | 9,200,000 | ||
| Total liabilities | 13,495,722 | 10,715,994 | ||
| Classa ordinary shares subject to possible redemption, 23,000,000 shares at a redemption value of 10.30 and 10.20 per share as of december31, 2025 and september30, 2025, respectively | 236,930,055 | 234,628,166 | ||
| Common shares-Common Class A | 71 | 71 | ||
| Common shares-Common Class B | 788 | 788 | ||
| Additional paid-in capital | 0 | 0 | ||
| Accumulated deficit | -13,051,077 | -10,145,428 | ||
| Total shareholders' deficit | -13,050,218 | -10,144,569 | ||
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit | 237,375,559 | 235,199,591 | ||
Armada Acquisition Corp. II (XRPNU)
Armada Acquisition Corp. II (XRPNU)