Plutonian Acquisition Corp. II reported third-quarter results for the period ended May 31, 2026, recording net income of $221677 and diluted earnings per share of $0.03. The company remains a blank‑check SPAC with no operating revenues during the quarter.
Financial Highlights
- Net income was $221,677 for the three months ended May 31, 2026, versus a loss of $(45,424) in the year‑ago quarter.
- Diluted EPS was $0.03 for the three months ended May 31, 2026; prior year quarter: $(0.02).
- Revenue: No operating revenues were reported for the three months ended May 31, 2026 (company is a blank‑check/SPAC).
Business Highlights
- Business model: The company is a special purpose acquisition company formed to identify and complete an initial business combination; it has no operating revenues to date.
- Capital formation milestone: Completed its IPO and over‑allotment, placing substantial net proceeds into a restricted trust to be used for a future acquisition.
- Operational activity: Current activities are limited to organizational matters, IPO execution, target search and due diligence preparations.
- Liquidity outlook: Management expects higher operating costs as a public company and continued due diligence spending while pursuing potential targets.
Original SEC Filing:
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