Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 1325

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 13
Chunk 1325
---
4 (Inception)
 Through 
December 31,
 2024 
  
    Formation and operational costs 
    $177,396 
  
    Interest earned on marketable securities held in Trust Account 
    $558,478 

The CODM reviews interest earned on marketable
securities held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with
the Trust Account funds while maintaining compliance with the Trust Agreement.

Formation and operational costs are reviewed and
monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar
transaction within the Combination Period. The CODM also reviews formation and operational costs to manage, maintain and enforce all contractual
agreements to ensure costs are aligned with all agreements and budget. Formation and operational costs, as reported on the statement of
operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income
are reported on the statement of operations and described within their respective disclosures.

NOTE 10 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date through the date that the financial statement was issued. Based upon this review, the Company
did not identify any subsequent events that would have required adjustment or disclosure in the financial statement.

F-18

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