$ALUB-UN

Alussa Energy Acquisition Corp. II

CIK:0002041493|SEC Filings

Unaudited Condensed Statements of Operations - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2026

Jun. 30, 2025

Jun. 30, 2026

Jun. 30, 2025

General and administrative costs

$ 363,448

$ 1,428

$ 653,186

$ 1,953

Loss from operations

(363,448)

(1,428)

(653,186)

(1,953)

Other income:

Interest earned on investments held in Trust Account

2,613,400

5,111,653

Net income (loss)

$ 2,249,952

$ (1,428)

$ 4,458,467

$ (1,953)

Class A Ordinary Shares

Other income:

Weighted-average shares outstanding - basic

28,750,000

Weighted-average shares outstanding - diluted

28,750,000

Net income (loss) per share - basic

$ 0.06

$ 0.12

Net income (loss) per share - diluted

$ 0.06

$ 0.12

Class B Ordinary Shares

Other income:

Weighted-average shares outstanding - basic

^[1]

7,187,500

6,250,000

7,187,500

6,250,000

Weighted-average shares outstanding - diluted

^[1]

7,187,500

6,250,000

7,187,500

6,250,000

Net income (loss) per share - basic

$ 0.06

$ (0)

$ 0.12

$ (0)

Net income (loss) per share - diluted

$ 0.06

$ (0)

$ 0.12

$ (0)

[1]

Weighted-average shares outstanding for the three and six months ended June 30, 2025 exclude 937,500 Class B ordinary shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriter (see Note 5). On November 14, 2025, the Company consummated its Initial Public Offering and sold 28,750,000 Units, including 3,750,000 Units sold pursuant to the full exercise of the underwriter’s option to purchase additional Units to cover the over-allotment. As such, the 937,500 shares of Class B ordinary shares were no longer subject to forfeiture.

Unaudited Condensed Statements of Cash Flows - USD ($)	6 Months Ended
Unaudited Condensed Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income (loss)	$ 4,458,467	$ (1,953)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Interest earned on investments held in Trust Account	(5,111,653)
Changes in operating assets and liabilities:
Prepaid expenses	(31,018)	(1,050)
Long-term prepaid insurance	33,750
Accounts payable and accrued expenses	290,029	(17,052)
Accrued offering costs		(43,625)
Net cash used in operating activities	(360,425)	(63,680)
Cash flows from financing activities:
Proceeds from related party loan		60,000
Repayment of related party loan	(197,917)
Net cash provided by (used in) financing activities	(197,917)	60,000
Net change in cash	(558,342)	(3,680)
Cash, beginning of period	1,163,106	4,200
Cash, end of period	604,764	520
Supplemental disclosure of non-cash investing and financing activities:
Deferred offering costs included in accrued offering costs		$ 84,082

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash	$ 604,764	$ 1,163,106
Prepaid expenses	111,818	80,800
Total current assets	716,582	1,243,906
Long-term prepaid insurance	24,750	58,500
Investments held in Trust Account	294,052,528	288,940,875
Total assets	294,793,860	290,243,281
Current liabilities:
Accounts payable and accrued expenses	361,427	71,398
Related party loan		197,917
Total current liabilities	361,427	269,315
Deferred legal fees	1,197,413	1,197,413
Deferred advisory fee	8,625,000	8,625,000
Deferred underwriting fee	8,625,000	8,625,000
Total liabilities	18,808,840	18,716,728
Commitments and contingencies (Note 6)
Temporary equity:
Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of $10.23 per share at June 30, 2026 and $10.05 per share at December 31, 2025	294,052,528	288,940,875
Shareholders’ Deficit
Preference shares, $0.0001 par value; 2,500,000 shares authorized; none issued and outstanding at June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit	(18,068,227)	(17,415,041)
Total shareholders’ deficit	(18,067,508)	(17,414,322)
Total liabilities, temporary equity and shareholders’ deficit	294,793,860	290,243,281
Class A Ordinary Shares
Shareholders’ Deficit
Ordinary shares, value
Class B Ordinary Shares
Shareholders’ Deficit
Ordinary shares, value	$ 719	$ 719