Spartacus Acquisition Corp II (NASDAQ: TMTS) is a blank check special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more target businesses. The company generates no operating revenue. Its capital structure centers on funds held in a Trust Account, raised through an Initial Public Offering that closed February 10, 2026, with the over-allotment option for up to 3,000,000 additional Option Units fully exercised. As of December 31, 2025, no marketable securities were held in the Trust Account, as the IPO had not yet closed. The company is incorporated in the Cayman Islands and has no identified acquisition target as of the 10-K filing date of March 27, 2026. CEO Igor Volshteyn has served since inception (November 4, 2025) and previously served as CFO of Spartacus Acquisition Corporation, a predecessor SPAC that completed a business combination with NextNav Inc. (NASDAQ: NN) in October 2021.
- Revenue model
- No operating revenue. The company is a pre-combination SPAC. Funds are held in a Trust Account following the IPO; up to $300,000 annually in Trust Account interest may be withdrawn for working capital, and interest may also be withdrawn to pay taxes. All remaining Trust Account funds are intended for use in the initial Business Combination.
- Products and services
- Blank check company structure with Public Units (comprising Public Shares and Public Warrants), Private Placement Warrants issued to the Sponsor, and Founder Shares (Class B Ordinary Shares). No commercial products or services.
- Customers and end markets
- Public Shareholders who participated in the IPO. No commercial customers or end markets identified as of the filing date (March 27, 2026). Target acquisition sector not disclosed.
- Value-chain role
- SPAC sponsor and acquisition vehicle. Acts as a capital aggregation and deal structuring entity seeking a private-to-public merger candidate. Sponsor is affiliated with CCUR Holdings, Symbolic Logic Inc. (fka Evolving Systems), and Tiber Ventures Inc. (fka SeaChange International).
- Geographic exposure
- Incorporated in the Cayman Islands. Registered and reporting in the United States with the SEC. No operating geographic footprint disclosed.
Source: SEC 10-K, filed 2026-03-27
Industry:
Blank Checks