Company: PAII-WT
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110840
Chunk: 0

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 0
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PYROPHYTE ACQUISITION CORP. II

UNAUDITED CONDENSED BALANCE SHEET

September 30, 2025

ASSETS 

Current Asset 
  
 Cash  $721,227  
 Prepaid expenses   294,030  
 Due from Sponsor   353,445  
 Total current assets   1,368,702  
 Marketable securities held in Trust Account   202,044,257  
 Prepaid insurance - long term   66,349  
 Total Assets  $203,479,308  

LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT 

Current liabilities: 
   
 Accrued expenses  $25,000  
 Total current liabilities   25,000  
 Deferred underwriting fees payable   9,399,690  
 Total liabilities   9,424,690  

 Commitments and Contingencies (Note     5)      

 Class A ordinary shares subject to possible redemption, $0.0001 par value; 20,041,150 ordinary shares at $10.08 per share   202,044,257  

Shareholders’ deficit 
   
 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; none issued or outstanding (excluding 20,041,500 ordinary  shares subject to possible redemption)   -  
 Class B ordinary shares, $0.0001 par value; 20,000,000     shares authorized; 7,225,721 shares issued and outstanding (1)   723  
 Additional paid-in capital   -  
 Accumulated deficit   (7,990,362) 
 Total shareholders’ deficit   (7,989,639) 
 Total Liabilities, Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit  $203,479,308  

(1)This number includes an aggregate of up to 946,428 Class B shares subject to forfeiture if the over-allotment option is not exercised
in full or in part by the underwriters. On July 24, 2025, the under