Spartacus Acquisition Corp. II Reports $1.93 Million Net Income for Quarter Ending June 30, 2026

Spartacus Acquisition Corp. II reported its financial results for the quarter ending June 30, 2026, revealing a net income of $1.93 million for the three-month period and $2.83 million for the six months, primarily driven by interest income from investments held in a Trust Account. The company generated $2.04 million in interest for the quarter, offset by $116,279 in general and administrative expenses. This marks a significant increase in net income compared to the previous fiscal period, reflecting the successful completion of its Initial Public Offering (IPO) in February 2026, which raised $230 million.

The company’s balance sheet as of June 30, 2026, shows total assets of approximately $234.07 million, a substantial increase from $188,884 at the end of 2025. This growth is attributed to the funds raised during the IPO, which included the full exercise of an over-allotment option. The Trust Account now holds $232.8 million, primarily invested in U.S. Treasury securities, while cash outside the Trust Account stands at $1.12 million. The company’s liabilities have also increased, with total liabilities reported at $2.42 million, up from $219,347 at the end of the previous year.

Operationally, Spartacus Acquisition Corp. II has not yet identified a specific target for its business combination, which is a key focus of its strategy. The company is classified as a smaller reporting company and an emerging growth company, allowing it to take advantage of certain regulatory exemptions. As of June 30, 2026, the company had 23 million Class A ordinary shares and 7.67 million Class B ordinary shares outstanding. The Class B shares are subject to conversion into Class A shares upon the completion of a business combination.

Looking ahead, Spartacus Acquisition Corp. II has until February 12, 2028, to complete its initial business combination, with the possibility of extending this period subject to shareholder approval. The company has indicated that it may need to raise additional funds to cover transaction costs or to redeem public shares if a significant number of shareholders choose to redeem their shares upon the completion of a business combination. The management team remains focused on identifying suitable acquisition targets, particularly within the telecommunications, media, and technology sectors.