Trust account stood at $294,052,528 on June 30, 2026, up from $288,940,875 at December 31, 2025. Redemption value per Class A share rose to $10.23 from $10.05.
Interest earned on trust investments totaled $5,111,653 for the six months. Net income reached $4,458,467 versus a $1,953 loss in the prior-year period.
Cash outside the trust was $604,764. Accounts payable and accrued expenses increased to $361,427.
28,750,000 Class A shares remain subject to possible redemption. 7,187,500 Class B shares are outstanding.
Company states it has not yet identified a target and must complete a business combination within 24 months of the November 14, 2025 IPO close.
No working capital loans were outstanding at quarter end after repayment of $197,917.
Pulse Impact
- Previous Pulse: 49
- New Pulse: 48
- Change: –1
- Driver: 10-Q read as a slower or weaker beat, so Pulse fell.
Alussa Energy Acquisition Corp. II Form 10-Q (2026-08-12)
Not investment advice. Facts taken from the company’s Form 10-Q.