Company: JACS-RI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001213900-25-107171
Chunk: 19

Company: Jackson Acquisition Co II
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 A  
    Non-redeemable Class A and Class B 
  
    Numerator: 

    Allocation of net income 
    $1,823,537  
    $522,483  
    $5,356,891  
    $1,534,866 
  
    Denominator: 

    Weighted-average shares outstanding 
     23,000,000  
     6,590,000  
     23,000,000  
     6,590,000 
  
    Basic and diluted net income per ordinary share 
    $0.08  
    $0.08  
    $0.23  
    $0.23 

    For the Period from 
September 11,
 2024 (Inception) Through September 30, 2024 
  
    Basic and diluted net loss per ordinary share: 
    Redeemable Class A  
    Non-redeemable Class A and Class B 
  
    Numerator: 

    Allocation of net loss 
    $—  
    $(49,568)
  
    Denominator: 

    Weighted-average shares outstanding 
     —  
     5,000,000 
  
    Basic and diluted net loss per ordinary share 
    $—  
    $(0.01)

Recently Issued Accounting Standards

In November 2024, the FASB issued Accounting Standards
Update (“ASU”) 2024-03, “Income Statement-Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic
220-40): Disaggregation of Income Statement Expenses”, requiring public entities to disclose additional information about specific
expense categories in the notes to the financial statements on an interim and annual basis. ASU 2024-03 is effective for fiscal years
beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption permitted. The Company
is currently evaluating the impact of adopting ASU 2024-03.

Management does not believe that any other recently
issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s condensed
financial statements.

13

NOTE 3 — INITIAL PUBLIC OFFERING

Pursuant to the Initial Public Offering, on December
11, 2024, the Company sold 23,000,000 Units