Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 547

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 4
Chunk 547
---
 Prepaid expenses 
     113,530 
  
    Total Current Assets 
     1,062,896 
  
    Long term prepaid insurance 
     84,507 
  
    Investments held in Trust Account 
     232,858,478 
  
    Total Assets 
    $234,005,881 

    LIABILITIES AND SHAREHOLDERS’ EQUITY 

    Current liabilities 

    Accounts payable and accrued expenses 
    $57,626 
  
    Accrued offering costs 
     94,890 
  
    Due to Sponsor 
     7,000 
  
    Promissory note - related party 
     198,024 
  
    Total Current Liabilities 
     357,540 

    Commitments (Note 6) 

    Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.12 per share 
     232,858,478 

    Shareholders’ Equity 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 840,000 shares issued and outstanding (excluding 23,000,000 shares subject to possible redemption) 
     84 
  
    Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 5,750,000 shares issued and outstanding 
     575 
  
    Additional paid-in capital 
     408,122 
  
    Retained Earnings 
     381,082 
  
    Total Shareholders’ Equity 
     789,863 
  
    Total Liabilities and Shareholders’ Equity 
    $234,005,881 

The accompanying notes are an integral
part of these financial statements.

F-3

JACKSON ACQUISITION COMPANY II

STATEMENT OF OPERATIONS

FOR THE PERIOD FROM SEPTEMBER 11,
2024 (INCEPTION) THROUGH DECEMBER 31, 2024

    Formation and operational costs 
    $177,396 
  
    Loss from operations 
     (177,396)

    Other income: 

    Interest earned on marketable securities held in Trust Account 
     558,478 
  
    Total other income 
     558,