Company: PAII-WT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110840
Chunk: 2

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 2
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of these unaudited condensed financial statements.

2

PYROPHYTE ACQUISITION CORP. II

UNAUDITED CONDENSED STATEMENTS OF CHANGES IN
SHAREHOLDERS’ DEFICIT

For the three months ended September 30, 2025
and for the period from May 1, 2025 (inception) through September 30, 2025

Ordinary Shares Subject to Possible Redemption  
Ordinary Shares  
Additional  
   
Total 

Class A  
Class A  
Class B  
Paid-In  
Accumulated  
Shareholders’ 

Shares  
Amount  
Shares  
Amount  
Shares  
Amount  
Capital  
Deficit  
Deficit 
 Balance as of May 1, 2025 (inception)   -   $-           -   $      -    -   $-   $-   $-   $-  
 Issuance of class B ordinary shares to     Sponsor (1)   -    -    -    -    7,255,952    726    24,274    -    25,000  
 Net loss   -    -    -    -    -    -    -    (102,000)   (102,000) 
 Balance as of June 30, 2025 (unaudited)   -   $-    -   $-    7,255,952   $726   $24,274   $(102,000)  $(77,000) 
 Forfeiture of class B ordinary shares   -    -    -    -    (30,231)   (3)   3    -    -  
 Proceeds from the sale of Class A Units   20,041,150    200,411,500    -    -    -    -    -    -    -  
 Paid underwriters fees   -    (2,625,000)   -    -