Armada Acquisition II Q1 FY26 net income rises to $1.13 million
Armada
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- Armada Acquisition Corp. II posted net income of USD 1.13 million for the three months ended March 31, 2026, swinging from a net loss of USD 706 a year earlier.
- Interest income from cash and marketable securities in the Trust Account rose to USD 2.11 million, while general and administrative costs increased to USD 973,748.
- Net income for the six months ended March 31, 2026 was USD 527,553, reversing from a net loss of USD 46,490 in the year-earlier period.
- Trust Account marketable securities totaled USD 239.04 million as of March 31, 2026, while cash outside the Trust Account was USD 88,640.
- Company kept its focus on a proposed business combination tied to an October 2025 agreement involving a PIPE that includes USD 214.05 million in cash commitments and XRP token contributions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Armada Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-220180), on May 13, 2026, and is solely responsible for the information contained therein.
