Here are the 10-Q quarterly reports from Andretti Acquisition Corp. II Unit (POLEU) in our archive since June 2025, 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 POLEU 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 POLEU filings page.
Andretti Acquisition Corp. II, a SPAC, reported total assets of $248.9 million as of June 30, 2026, almost entirely the $248.6 million held in its Trust Account. Cash outside the trust was $225,380, resulting in a working capital surplus of $286,599.
For the six months ended June 30, 2026, the company generated net income of $3.9 million, driven by $4.3 million of interest on trust investments and $0.5 million of general and administrative costs. Each of the 23,000,000 public Class A shares had a redemption value of $10.81.
Liabilities totaled $11.0 million, including $9.8 million of deferred underwriting fees and $1.24 million outstanding under related‑party promissory notes, up to $1.5 million of which may convert into units at $10. Management discloses substantial doubt about continuing as a going concern given the September 9, 2026 business combination deadline and has filed to seek a one‑year extension.
Andretti Acquisition Corp. II filed its quarterly report for the period ended March 31, 2026, showing it remains a pre‑revenue SPAC earning interest on IPO proceeds while searching for a merger target.
The company reported net income of $1.84 million for the quarter, driven by $2.15 million of interest on marketable securities held in its Trust Account, partially offset by $0.31 million of general and administrative costs. Cash outside the Trust Account was $150,516, and working capital showed a modest surplus.
The Trust Account held $246.41 million, or $10.71 per public share, all classified as Class A ordinary shares subject to possible redemption. A previously signed business combination agreement with StoreDot Ltd. was mutually terminated in February 2026, leaving the company again seeking a target.
Management discloses that limited liquidity outside the Trust Account and a mandatory liquidation deadline of September 9, 2026 raise substantial doubt about the company’s ability to continue as a going concern if no business combination is completed.