Jackson Acquisition Company II Reports $2.3 Million Net Income for Quarter Ending June 30, 2025

Jackson Acquisition Company II has reported its financial results for the quarter ending June 30, 2025, revealing a net income of $2.3 million for the three-month period and $4.5 million for the six months ended June 30, 2025. The company generated this income primarily from interest earned on marketable securities held in its Trust Account, amounting to $2.4 million and $4.9 million for the respective periods. General and administrative expenses totaled $129,037 for the quarter and $335,358 for the half-year, resulting in a loss from operations of $129,037 and $335,358, respectively.

Compared to the previous fiscal period, Jackson Acquisition Company II's total assets increased to $238.6 million as of June 30, 2025, up from $234.0 million at the end of 2024. The increase was largely driven by a rise in marketable securities held in the Trust Account, which grew to $237.7 million from $232.9 million. However, the company's shareholders' equity decreased significantly from $789,863 at the end of 2024 to $454,505, primarily due to the accretion of Class A ordinary shares to their redemption value.

The company, which is classified as a non-accelerated filer and an emerging growth company, has not yet commenced any operations since its inception in September 2024. Its activities have been focused on preparing for its Initial Public Offering (IPO) and identifying potential target companies for a business combination. As of June 30, 2025, Jackson Acquisition Company II had 23.8 million Class A ordinary shares and 5.75 million Class B ordinary shares outstanding. The company has also incurred significant costs related to its acquisition plans and anticipates continuing to do so.

In terms of operational metrics, Jackson Acquisition Company II reported a cash balance of $721,661 outside of its Trust Account as of June 30, 2025. The company has sufficient funds to sustain its operations for at least one year from the issuance of its financial statements. The management has indicated that it will utilize the funds in the Trust Account primarily to complete a business combination, with the remaining cash used for operational expenses and due diligence on potential targets.

Looking ahead, Jackson Acquisition Company II is focused on identifying high-quality businesses, particularly in the healthcare sector, for potential mergers or acquisitions. The company has until December 11, 2026, to complete its initial business combination, or it will be required to liquidate and redeem its public shares. The management remains optimistic about finding suitable targets despite the ongoing geopolitical tensions and market volatility that could impact its acquisition strategy.