Jackson Acquisition Co II
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 6, 2026
JACS$10.85-0.0%Stored close · as of Nov 6, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-11.
0001213900-26-087786
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-06.
0001213900-26-116890
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 34 previous paragraphs and 38 current paragraphs.
23 unchanged; 10 reworded; 5 added; 1 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (5)
Current report
Recent Developments
Current report
Extension Proposal
Current report
On October 27, 2026, we filed a definitive proxy statement with the SEC in connection with an extraordinary general meeting of shareholders scheduled to be held on November 20, 2026. At the meeting, shareholders will be asked to consider and vote upon proposals to amend and restate our Amended and Restated Memorandum and Articles of Association and the Investment Management Trust Agreement to permit our board of directors, without another shareholder vote, to extend the date by which we must consummate a Business Combination from December 11, 2026 up to twelve times, each by one additional month, through December 11, 2027.
Current report
If the proposed amendments are approved and implemented, each one-month extension will require our Sponsor, or its affiliates or designees, to deposit into the Trust Account an amount equal to the lesser of $250,000 and $0.02 for each Public Share that is not redeemed in connection with the meeting. Public shareholders may elect to redeem their Public Shares in connection with the meeting. We cannot predict whether the proposals will be approved or implemented or the number of Public Shares, if any, that will be submitted for redemption.
Current report
For the nine months ended September 30, 2026, we had net income of $5,945,497, which consisted of interest earned on marketable securities held in the Trust Account of $6,552,701 offset by general and administrative expenses of $607,204.
Removed paragraphs (1)
Previous report
For the six months ended June 30, 2026, we had net income of $3,949,131, which consists of interest earned on marketable securities held in the Trust Account of $4,301,982 offset by general and administrative expenses of $352,851.
Reworded paragraphs (10)
Previous wording
For the three months ended June 30, 2026, we had net income of $1,980,048, which consists of interest earned on marketable securities held in the Trust Account of $2,164,627 offset by general and administrative expenses of $184,579.
Current wording
For the three months ended September 30, 2026, we had net income of $1,996,366, which consisted of interest earned on marketable securities held in the Trust Account of $2,250,719 offset by general and administrative expenses of $254,353.
Previous wording
For the three months ended June 30, 2025, we had net income of $2,318,336, which consisted of interest earned on marketable securities held in Trust Account of $2,447,373, offset by general and administrative expenses of $129,037.
Current wording
For the three months ended September 30, 2025, we had net income of $2,346,020, which consisted of interest earned on marketable securities held in Trust Account of $2,475,639 offset by general and administrative expenses of $129,619.
Previous wording
For the six months ended June 30, 2025, we had net income of $4,545,737, which consisted of interest earned on marketable securities held in Trust Account of $4,881,095, offset by general and administrative expenses of $335,358.
Current wording
For the nine months ended September 30, 2025, we had net income of $6,891,757, which consisted of interest earned on marketable securities held in Trust Account of $7,356,734, offset by general and administrative expenses of $464,977.
Previous wording
For the six months ended June 30, 2026, net cash used in operating activities was $163,438. Net income of $3,949,131 was offset by interest earned on marketable securities of $4,301,982 and changes in operating assets and liabilities, which provided $189,413 of cash from operating activities.
Current wording
For the nine months ended September 30, 2026, net cash used in operating activities was $225,520. Net income of $5,945,497 was offset by interest earned on marketable securities of $6,552,701 and changes in operating assets and liabilities, which provided $381,684 of cash from operating activities.
Previous wording
For the six months ended June 30, 2025, net cash used in operating activities was $227,705. Net income of $4,545,737 was offset by interest earned on marketable securities of $4,881,095 and changes in operating assets and liabilities, which provided $107,653 of cash from operating activities.
Current wording
For the nine months ended September 30, 2025, net cash used in operating activities was $364,250. Net income of $6,891,757 was offset by interest earned on marketable securities of $7,356,734 and changes in operating assets and liabilities, which provided $100,727 of cash from operating activities.
Previous wording
At June 30, 2026, we had marketable securities held in the Trust Account of $246,845,170. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned in the Trust Account, which interest shall be net of taxes payable, if any, to complete an initial Business Combination. We may withdraw interest from the Trust Account to pay taxes, if any. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete a Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Current wording
At September 30, 2026, we had marketable securities held in the Trust Account of $249,095,889. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned in the Trust Account, which interest shall be net of taxes payable, if any, to complete an initial Business Combination. We may withdraw interest from the Trust Account to pay taxes, if any. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete a Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Previous wording
At June 30, 2026, we had cash of $358,338 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, structure, negotiate and complete a Business Combination.
Current wording
At September 30, 2026, we had cash of $296,256 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, structure, negotiate and complete a Business Combination.
Previous wording
We may need to raise additional funds in order to meet the expenditures required for operating our business. However, if our estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial Business Combination. Moreover, we may need to obtain additional financing either to complete our Business Combination or because we become obligated to redeem a significant number of our public shares upon completion of our Business Combination, in which case we may issue additional securities or incur debt in connection with such Business Combination.
Current wording
We may need to raise additional funds in order to meet the expenditures required for operating our business. However, if our estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination is less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial Business Combination. Moreover, we may need to obtain additional financing either to complete our Business Combination or because we become obligated to redeem a significant number of our public shares upon completion of our Business Combination, in which case we may issue additional securities or incur debt in connection with such Business Combination.
Previous wording
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than an agreement to pay an aggregate of $10,000 per month for office space and administrative and support services. For the three and six months ended June 30, 2026 and 2025, we incurred $30,000 and $60,000, respectively, for these services. At June 30, 2026 and December 31, 2025, we owed $187,000 and $127,000, respectively, for these services.
Current wording
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than an agreement to pay an aggregate of $10,000 per month for office space and administrative and support services. For the three and nine months ended September 30, 2026 and 2025, we incurred $30,000 and $90,000, respectively, for these services. At September 30, 2026 and December 31, 2025, we owed $217,000 and $127,000, respectively, for these services.
Previous wording
We have engaged Roth as an advisor in connection with our Business Combination. We will pay Roth a cash fee (the “Business Combination Marketing Fee”) for such services upon the consummation of its initial Business Combination in an amount up to 4.0% of the gross proceeds of the Initial Public Offering, an aggregate of up to $9,200,000 after the underwriters exercised their over-allotment option in full on December 11, 2024. As of June 30, 2026 and December 31, 2025, no Business Combination Marketing Fee has been incurred or recorded.
Current wording
We have engaged Roth as an advisor in connection with our Business Combination. We will pay Roth a cash fee (the “Business Combination Marketing Fee”) for such services upon the consummation of our initial Business Combination in an amount up to 4.0% of the gross proceeds of the Initial Public Offering, an aggregate of up to $9,200,000 after the underwriters exercised their over-allotment option in full on December 11, 2024. As of September 30, 2026 and December 31, 2025, no Business Combination Marketing Fee has been incurred or recorded.