Plutonian Acquisition Corp. II Form 10-Q — Oct 15, 2026
Plutonian Acquisition Corp II filed its 10-Q for the quarter ended August 31, 2026, reporting net income of $933,250 for the six-month period, driven almost entirely by $1,294,747 of interest earned on the $109.3 million trust account. The company completed its IPO in April 2026, selling 10,750,000 public units at $10.00 for roughly $107.5 million in gross proceeds, and holds $270,975 in cash outside the trust. Management disclosed substantial doubt about the company's ability to continue as a going concern, noting it has until April 27, 2027 to complete a business combination or face liquidation.
Key figures
- Eps
- 0.09 (six months, Class A redeemable; $0.05 for Q3)
- Net Income
- 933250
- Total Assets
- 109623472
- Cash Position
- 270975
- Deal Value Usd
- 500000000
- Gross Proceeds
- 107500000
- Breakup fee
- 500000
- Ipo price per unit
- 10
- Trust account balance
- 109332247
- Class a shares redeemable
- 10750000
- Class b shares outstanding
- 2687500
- Redemption value per share
- 10.17
- Business combination deadline
- 2027-06-30 (deal); SPAC liquidation deadline 2027-04-27
- Trust interest income six months
- 1294747
AI analysis
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