$POLE
Andretti Acquisition Corp. II
CIK:0002025341|SEC Filings
Condensed Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| General and administrative costs | $ 167,765 | $ 180,616 | $ 474,395 | $ 372,815 |
| Loss from operations | (167,765) | (180,616) | (474,395) | (372,815) |
| OTHER INCOME | ||||
| Interest earned on marketable securities held in Trust Account | 2,181,072 | 2,470,419 | 4,328,846 | 4,926,021 |
| Total other income | 2,181,072 | 2,470,419 | 4,328,846 | 4,926,021 |
| NET INCOME | $ 2,013,307 | $ 2,289,803 | $ 3,854,451 | $ 4,553,206 |
| Class A redeemable ordinary shares | ||||
| OTHER INCOME | ||||
| Weighted average shares outstanding | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 |
| Basic net income per share (in Dollars per share) | $ 0.07 | $ 0.08 | $ 0.13 | $ 0.15 |
| Diluted net income per share (in Dollars per share) | $ 0.07 | $ 0.08 | $ 0.13 | $ 0.15 |
| Class A and Class B non-redeemable ordinary shares | ||||
| OTHER INCOME | ||||
| Weighted average shares outstanding | 6,510,000 | 6,510,000 | 6,510,000 | 6,510,000 |
| Basic net income per share (in Dollars per share) | $ 0.07 | $ 0.08 | $ 0.13 | $ 0.15 |
| Diluted net income per share (in Dollars per share) | $ 0.07 | $ 0.08 | $ 0.13 | $ 0.15 |
Condensed Statements of Cash Flows (Unaudited) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Cash Flows from Operating Activities: | ||
| Net income | $ 3,854,451 | $ 4,553,206 |
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Interest earned on marketable securities held in Trust Account | (4,328,846) | (4,926,021) |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | 45,690 | (28,796) |
| Long-term prepaid insurance | 56,550 | |
| Accrued expenses | (184,384) | 6,044 |
| Net cash used in operating activities | (613,089) | (339,017) |
| Cash Flows from Financing Activities: | ||
| Proceeds from convertible promissory note - related party | 790,000 | |
| Net cash provided by financing activities | 790,000 | |
| Net Change in Cash | 176,911 | (339,017) |
| Cash – Beginning of period | 48,469 | 798,454 |
| Cash – End of period | $ 225,380 | $ 459,437 |