Latest revenue
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Net margin
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Price · 5Y
Live market
delayed ≤15 min- Market cap
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- Enterprise value
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- P/E (trailing)
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- Forward P/E
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- P/B
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- Dividend yield
- 0.0%
- 52-wk high
- $10.44
- 52-wk low
- $10.04
- Beta
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- Shares out
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5-year trend
What this company does
Artius II Acquisition is a Cayman Islands blank-check company formed in 2024 to merge with or acquire another business, with a focus on technology, software, and fintech targets. It generates no operating revenue; its sole asset is roughly $228 million held in trust from its February 2025 IPO, earning interest until a deal closes. Led by Artius Capital founder Boon Sim, who previously took SPAC Artius I public and merged it with Origin Materials, the company is currently hunting for an initial business combination target.
Generated from AACB's filing dated 2026-03-19
Key risks
- No target identified: SPAC IPO'd Feb 2025 with $220M; must complete business combination within deadline or liquidate trust ($228.1M).
- Shareholder dilution risk from Rights and Contingent Rights attached to each Public Unit, converting to additional Class A shares at combination.
- Sponsor conflicts: Founder Boon Sim's prior SPAC (Artius I/Origin Materials) has materially underperformed, raising concerns about target selection incentives.
Generated from AACB's filing dated 2026-03-19
Profitability
Return on equity
-136.1%
Return on assets
8.2%
Leverage
Debt / equity
-17.55×
87.6%Debt / assets
106.0%
5.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | — | — | $245.4K | +104.8% | — |
Q4 2025 2025-12-31 | — | — | $22.5M | — | — |
Q3 2025 2025-09-30 | — | — | $-750.5K | — | — |
Q2 2025 2025-06-30 | — | — | $2.1M | — | — |
Q1 2025 2025-03-31 | — | — | $-5.1M | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Blank Checks · SIC 6770
Your notes
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Insider activity
No insider transactions on file for AACB in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns AACB
Institutional value
$40.5M
Total shares held
3.9M
Distinct holders
13
-34 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Alberta Investment Management Corp | 980.0K | $10.1M | -980.0K (-50.0%) | Trimmed |
| 2 | PICTON MAHONEY ASSET MANAGEMENT | 750.0K | $7.8M | +0 (+0.0%) | No change |
| 3 | Magnetar Financial LLC | 600.0K | $6.2M | +0 (+0.0%) | No change |
| 4 | Hudson Bay Capital Management LP | 550.0K | $5.7M | +0 (+0.0%) | No change |
| 5 | COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS | 398.1K | $4.1M | -1.9K (-0.5%) | Trimmed |
| 6 | GRITSTONE ASSET MANAGEMENT LLC | 197.7K | $2.0M | +0 (+0.0%) | No change |
| 7 | DLD Asset Management, LP | 140.9K | $1.5M | +0 (+0.0%) | No change |
| 8 | Context Capital Management, LLC | 112.2K | $1.2M | +0 (+0.0%) | No change |
| 9 | MIZUHO SECURITIES USA LLC | 100.2K | $1.0M | -51.8K (-34.1%) | Trimmed |
| 10 | BNP PARIBAS FINANCIAL MARKETS | 55.2K | $570.4K | — | New |
| 11 | ABC ARBITRAGE SA | 20.0K | $206.8K | +0 (+0.0%) | No change |
| 12 | WOLVERINE ASSET MANAGEMENT LLC | 16.6K | $171.9K | -36.5K (-68.7%) | Trimmed |
| 13 | FNY Investment Advisers, LLC | 112 | $1 | -100 (-47.2%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With $228.1M in trust against a 24-month deadline from February 2025, what's your realistic probability of closing a deal versus liquidating?
- 2
Artius I's Origin Materials combination has destroyed substantial shareholder value post-merger—how does that track record inform AACB's diligence and valuation discipline?
- 3
Given crowded SPAC competition for fintech/software targets, what specific deals have you walked away from, and on what valuation thresholds?
Refreshed when AACB files a new report · last from 2026-03-19