Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 763

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 7
Chunk 763
---
: 

    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 segment performance and deciding how to allocate resources. Public entities will be required to provide all
annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide
all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. This ASU is effective for fiscal
years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption
permitted. The Company adopted ASU 2023-07 on January 1, 2024. The amendments will be applied retrospectively to all prior periods presented
in the financial statements. The adoption of ASU 2023-07 has not had a material impact on