Company: JACS-RI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001213900-25-107171
Chunk: 2

Company: Jackson Acquisition Co II
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 average non-redeemable Class A and Class B ordinary shares outstanding – basic and 
diluted (1) 
     6,590,000  
     6,590,000  
     5,000,000 
  
    Basic and diluted net income (loss) per non-redeemable Class A and Class B ordinary share 
    $0.08  
    $$0.23  
    $(0.01)

(1)For
the Period from September 11, 2024 (inception) through September 30, 2024, amount excludes an aggregate of up to 750,000 Class B
ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriter’s over-allotment
option was exercised (see Note 5). On December 11, 2024, the Company consummated its IPO and sold 23,000,000 Units, including 3,000,000
Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment,
hence the 750,000 shares of Class B ordinary shares are no longer subject to forfeiture.

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

JACKSON ACQUISITION COMPANY II

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’
EQUITY (DEFICIT)

(UNAUDITED)

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER
30, 2025

    Class A Ordinary Shares  
    Class B Ordinary Shares  
    Additional Paid-in  
    Retained  
    Total Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Earnings  
    Equity 
  
    Balance – December 31, 2024 
     840,000  
    $84  
     5,750,000  
    $575  
    $408,122  
    $381,082  
    $789,863 

    Accretion for Class A ordinary shares to redemption amount 
     —  
     —  
     —  
     —  
     (408,122) 
     (2,025,600) 
     (2,433,722)

    Net income