SC II Acquisition Corp (SCII) is a blank-check special purpose acquisition company that raised capital through an initial public offering to identify and merge with a private operating business. The company generates no operating revenue. Instead, it holds IPO proceeds in a trust account invested in U.S. government securities or qualifying money market funds until a business combination is completed. SCII closed its IPO on November 28, 2025, placing $172,500,000 in trust maintained by Continental, acting as trustee. As of December 31, 2025, the trust held $172,778,783, including approximately $278,783 of interest income. The redemption price was approximately $10.02 per Class A Ordinary Share as of December 31, 2025. SCII must complete a business combination by May 25, 2027 (18 months from IPO closing), with an option to extend to November 25, 2027. The company is led by CEO Menachem Shalom and CFO Asaf Yarkoni. SCII was incorporated on June 30, 2025.

Revenue model

No operating revenue. Trust account interest income is the only financial return prior to a business combination. For the period from inception (June 30, 2025) through December 31, 2025, interest earned on trust marketable securities was $278,783. Proceeds from the trust are reserved for completing a business combination or, absent one, for pro-rata redemption to public shareholders.

Products and services

Class A Ordinary Shares and Public Rights sold as Public Units in the IPO. Private Placement Units (255,000 units at $10.00 per unit) sold to the Sponsor simultaneously with the IPO, generating $2,550,000 in gross proceeds. Trust account invested in U.S. government securities with maturities of 185 days or less, qualifying money market funds, uninvested cash, or demand deposit accounts at qualifying U.S. commercial banks.

Customers and end markets

Public shareholders who purchased Class A Ordinary Shares in the IPO or on the open market. The Sponsor holds Founder Shares (Class B Ordinary Shares) and Private Placement Units. No operating customers or end markets exist prior to a business combination.

Value-chain role

SPAC vehicle. Pools public and sponsor capital, holds it in trust, and deploys it to acquire a private operating company through a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction.

Geographic exposure

Trust account is U.S.-based. The filing discloses risk categories related to acquiring or operating a business in foreign countries, indicating the target search is not limited to U.S. domiciled businesses.

Source: SEC 10-K, filed 2026-03-31

Industry: Blank Checks