A SPAC II Acquisition Corp (OTC: ASCBF) is a blank check company incorporated in the British Virgin Islands for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company generates no operating revenue; it holds capital raised through its offering in trust while searching for an acquisition target. Per its 10-K filed 2026-02-17, the company intends to pursue targets in high-growth sectors applying advanced technologies, specifically Proptech and Fintech, with a preference for companies that promote environmental, social and governance principles. Target search is global with a particular focus on North America, Europe, and Asia. The sponsor, A SPAC II (Holdings) Corp., is a British Virgin Islands entity with significant ties to China, and all officers and directors are located in China as of the filing date. No operating business, revenue, customers, or completed acquisition has been disclosed in the available filing excerpts.
Source: SEC 10-K, filed 2026-02-17
Industry: Blank Checks
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