JENA ACQUISITION Corp II (JENA) Form 10-Q — May 15, 2026
Jena Acquisition Corporation II reported a net income of $1.1 million for the quarter ended March 31, 2026, driven primarily by $2.1 million in interest earned on its trust account, which now holds approximately $237.5 million. The company received a formal notice from the NYSE on April 1, 2026, stating it is not in compliance with listing rules due to having fewer than 300 public shareholders, a critical threshold for continued listing.
Key figures
- Eps
- 0.04
- Net Income
- 1096230
- Total Assets
- 238453599
- Cash Position
- 754283
- Trust Account Balance
- 237529528
- Working Capital
- 303921
- Advisory Fee Payable
- 6900000
- Pipe Agent Fee Percent
- 3
- Deferred Underwriting Fee
- 6900000
- Public Shares Outstanding
- 23225000
- Founder Shares Outstanding
- 5750000
Price after filing
1 day: 0.0%7 days: -0.6%30 days: -0.2%
Close on the filing date to close N calendar days later (from $10.35). Historical, not a forecast.
AI analysis
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