Here are the 10-Q quarterly reports from BOA Acquisition Corp. II (THEO) 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 THEO 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 THEO filings page.
BOA Acquisition Corp. II (THEO), a Cayman Islands SPAC focused on real estate and infrastructure-related assets, reported a small operating loss while preparing for its IPO in the quarter ended June 30, 2026. The company had total assets of $1,173,705, entirely deferred offering costs, and total liabilities of $1,303,046, resulting in a shareholder’s deficit of $129,341.
For the three and six months ended June 30, 2026, BOA recorded net losses of $20,767 and $51,370, respectively, with no revenue as it has not commenced operations. As of June 30, 2026, it had no cash and a working capital deficit of $1,230,828, funded by a $72,218 related-party promissory note and $25,000 of founder capital.
Subsequent to quarter end, on August 5, 2026, BOA completed its IPO of 14,375,000 units at $10.00, raising $143,750,000 for deposit in a trust account, and a concurrent private placement of 221,500 units for $2,215,000 to fund expenses. The company has 12 months from the IPO closing to complete a business combination, or it must liquidate. Management discloses substantial doubt about its ability to continue as a going concern and reports ineffective disclosure controls due to inadequate segregation of duties and insufficient written policies.