Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 46

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 8
Chunk 46
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 considered the effect of Class
B ordinary shares that were excluded from weighted average number as they were contingent on the exercise of over-allotment option by
the underwriters. Since the contingency was satisfied, the Company included these shares in the weighted average number as of the beginning
of the interim period to determine the dilutive impact of these shares.

F-12

The following tables present a reconciliation
of the numerator and denominator used to compute basic and diluted net income per ordinary share for each class of ordinary shares:

    For the Period Ended
 September 11, 
2024 
(Inception) 
Through December 31,
 2024 

    Class A  
    Class B 
  
    Basic net income per share of ordinary share: 

    Numerator: 

    Allocation of net income 
    $171,861  
    $209,221 
  
    Denominator: 

    Weighted-average shares outstanding 
     4,144,144  
     5,045,045 
  
    Basic net income per ordinary share 
    $0.04  
    $0.04 

    For the Period Ended
 September 11, 
2024
 (Inception) 
Through December 31,
 2024 

     Class A  
     Class B 
  
    Diluted net income per share of ordinary share: 

    Numerator: 

    Allocation of net income 
    $161,305  
    $219,777 
  
    Denominator: 

    Weighted-average shares outstanding 
     4,144,144  
     5,646,396 
  
    Diluted net income per ordinary share 
    $0.04  
    $0.04 

Recently Issued Accounting Standards

In November 2023, the FASB issued ASU 2023-07, Segment
Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in this ASU require disclosures, on an annual and
interim basis, of significant segment expenses that are regularly provided to the chief operating officer decision maker (“CODM”),
as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss. The ASU requires that
a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment
profit or loss in assessing