Collective Acquisition Corp. II Reports Net Income of $1,010,992 for Quarter Ending June 30, 2026

Collective Acquisition Corp. II reported its financial results for the quarter ending June 30, 2026, revealing a net income of $1,010,992, primarily driven by interest income of $1,381,272 from marketable securities held in its Trust Account. The company incurred general and administrative costs of $370,280 during the quarter. For the period from its inception on February 9, 2026, through June 30, 2026, the total net income was $986,279, with similar revenue sources and expenses. The basic net income per Class A and Class B ordinary share was reported at $0.04 for the quarter.

Compared to the previous fiscal period, the company has shown a slight increase in net income, attributed to the interest earned on its Trust Account securities. The general and administrative costs have decreased marginally from $394,993 for the inception period to $370,280 for the latest quarter. The company has not yet engaged in any operational activities beyond its formation and the Initial Public Offering (IPO), which took place on April 30, 2026.

In terms of strategic developments, Collective Acquisition Corp. II successfully completed its IPO, raising gross proceeds of $253 million from the sale of 25,300,000 units, which included the exercise of an over-allotment option. Additionally, the company sold 6,250,000 private placement warrants for $5 million. The funds from the IPO and private placements have been placed in a Trust Account, which totaled $255,646,272 as of June 30, 2026. The company has not yet identified a target for its intended business combination.

Operationally, the company reported having cash of $806,870 and working capital of $762,548 as of the end of the reporting period. The company has not yet generated any operating revenues and does not expect to do so until after completing a business combination. The management has indicated that they may need to raise additional capital to meet working capital needs and finance transaction costs related to potential acquisitions.

Looking ahead, the company faces significant uncertainty regarding its ability to complete a business combination within the designated timeframe. The management has expressed that while they plan to address liquidity concerns through potential business combinations, there is no assurance that they will be able to secure the necessary financing or successfully complete a transaction. The company’s ability to continue as a going concern is contingent upon its success in these endeavors.