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Jena Acquisition Corporation II 10-Q Filings

JENA NYSE

Every 10-Q that Jena Acquisition Corporation II (JENA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow JENA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full JENA filings page.

Rhea-AI Summary

Jena Acquisition Corporation is a Cayman Islands SPAC that has not yet completed a business combination. As of June 30, 2026, it held $239,633,441 in a U.S. trust account invested in money market funds and had cash outside the trust of $66,988 with working capital of $210,395. Public shareholders hold 23,000,000 Class A ordinary shares subject to redemption, with a redemption value of $10.42 per share, and there are 5,750,000 Class B founder shares outstanding.

For the three and six months ended June 30, 2026, Jena reported net income of $1,881,172 and $2,977,402, respectively, driven by $4,183,449 of dividend and interest income on trust investments, partially offset by $1,206,047 of formation, general, and administrative costs. Advisory fee expense of $6,900,000 was recognized in 2025 and remains recorded as an advisory fee payable, together with a separate $6,900,000 deferred underwriting fee and $316,741 of deferred legal fees.

The company must complete a business combination by May 30, 2027 or redeem public shares and liquidate, which management states raises substantial doubt about its ability to continue as a going concern. In April 2026, Jena also received a NYSE notice for not meeting the minimum 300 public shareholder requirement; its remediation plan was accepted, and it has until October 1, 2027 to regain compliance.

Rhea-AI Summary

Jena Acquisition Corporation II reported net income of $1,096,230 for the three months ended March 31, 2026, mainly from $2,079,536 of dividend and interest income on investments in its Trust Account, offset by $983,306 of formation, general and administrative costs.

As of March 31, 2026, the company held $237,529,528 in its Trust Account and $754,283 of cash outside the trust, with working capital of $303,921. It has not yet completed a Business Combination and continues to pursue a target before the May 30, 2027 deadline.

Management believes access to funding from the sponsor is sufficient for at least one year. On April 1, 2026, Jena received a NYSE notice for falling below 300 public shareholders; this has no immediate impact on listing while a compliance plan is reviewed.

Rhea-AI Summary

Jena Acquisition Corporation II filed its quarterly report as a blank check company still seeking a business combination. The company held $233,179,788 in its Trust Account as of September 30, 2025, invested in money market funds, and had $1,101,596 in cash outside the trust for working capital. For the quarter, it reported net income of $2,286,119, driven by $2,418,248 of dividend and interest earned on trust investments and modest operating costs. From inception (February 24, 2025) through quarter‑end, cumulative net loss was $3,983,770, primarily reflecting a recorded $6,900,000 advisory fee expense tied to a combination closing.

The SPAC completed its IPO on May 30, 2025, selling 23,000,000 units at $10.00 each and a concurrent 225,000 unit private placement. 23,000,000 Class A shares are classified as temporary equity and subject to redemption at $10.14 per share at quarter‑end. Deferred underwriting fees total $6,900,000. As of November 14, 2025, shares outstanding were 23,225,000 Class A and 5,750,000 Class B. Rights entitle holders to receive 1/20 of one Class A share upon closing of a business combination.