$XRPN

Armada Acquisition Corp. II reported a net income of $1.13 million and diluted earnings per share of $0.04 for the three months ending March 31, 2026, a significant improvement from a net loss in the year-ago quarter. As a special-purpose acquisition company (SPAC) with no operating revenues, its income primarily comes from interest earned on funds held in trust. The company is actively pursuing a business combination and faces a deadline of November 22, 2026, for completion or mandatory liquidation.