Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| General and administrative expenses | $347.3K | $610.9K |
| Loss from Operations | -$347.3K | -$610.9K |
| Interest earned on investments held in the Trust Account | $120.5K | $754.8K |
| Interest earned in bank account | $2.3K | $11.2K |
| (Loss) income before income taxes | -$224.5K | $155.1K |
| Net (loss) income | -$224.5K | $155.1K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-04-30 |
|---|---|---|---|---|
| Cash | $135 | $141.0K | $442.1K | |
| Prepaid expenses | $58.7K | $16.3K | ||
| Total current assets | $58.8K | $157.3K | ||
| Investments held in Trust Account | $527.3K | $4.5M | ||
| Total Assets | $586.1K | $4.6M | ||
| Accounts payable and accrued expenses | $304.1K | $279.9K | ||
| Total current liabilities | $684.2K | $437.7K | ||
| Deferred underwriting fee payable | $7.0M | $7.0M | $7.0M | |
| Total Liabilities | $7.7M | $7.4M | ||
| Class A ordinary shares subject to possible redemption, no par value; 43,594 shares and 1,996,395 shares at redemption value of $12.096 and $11.561 per share as of December 31, 2025 and 2024, respectively | $527.3K | $4.5M | ||
| Accumulated deficit | -$7.6M | -$7.3M | ||
| Total Shareholders Deficit | -$7.6M | -$7.3M | -$6.7M | |
| Total Liabilities, Shares Subject to Redemption, and Shareholders Deficit | $586.1K | $4.6M | ||
| Preference shares, shares authorized (in Shares) | 1.0M shares | 1.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-04-30 |
|---|---|---|---|---|
| Cash | $135 | $141.0K | $442.1K | |
| Prepaid expenses | $58.7K | $16.3K | ||
| Total current assets | $58.8K | $157.3K | ||
| Investments held in Trust Account | $527.3K | $4.5M | ||
| Total Assets | $586.1K | $4.6M | ||
| Accounts payable and accrued expenses | $304.1K | $279.9K | ||
| Total current liabilities | $684.2K | $437.7K | ||
| Deferred underwriting fee payable | $7.0M | $7.0M | $7.0M | |
| Total Liabilities | $7.7M | $7.4M | ||
| Class A ordinary shares subject to possible redemption, no par value; 43,594 shares and 1,996,395 shares at redemption value of $12.096 and $11.561 per share as of December 31, 2025 and 2024, respectively | $527.3K | $4.5M | ||
| Accumulated deficit | -$7.6M | -$7.3M | ||
| Total Shareholders Deficit | -$7.6M | -$7.3M | -$6.7M | |
| Total Liabilities, Shares Subject to Redemption, and Shareholders Deficit | $586.1K | $4.6M | ||
| Preference shares, shares authorized (in Shares) | 1.0M shares | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (loss) income | -$224.5K | $155.1K |
| Interest earned on investments held in the Trust Account | -$120.5K | -$754.8K |
| Prepaid expenses | -$42.3K | $18.2K |
| Accounts payable and accrued expenses | $24.2K | $120.4K |
| Net cash used in operating activities | -$363.1K | -$461.2K |
| Cash withdrawn from trust account to pay shareholder redemptions | $4.1M | $18.2M |
| Net cash provided by investing activities | $4.1M | $18.2M |
| Proceeds from promissory note - related party | $134.2K | $160.0K |
| Proceeds from due to related party | $88.0K | |
| Payment of public shareholder redemptions | -$4.1M | -$18.2M |
| Net cash used in financing activities | -$3.9M | -$18.0M |
| Net change in cash | -$140.8K | -$301.2K |
| Accretion of Class A ordinary shares to redemption value | $120.5K | $754.8K |
| Repayment of sponsor loan included in accounts payable | $2.2K |
No quarter-by-quarter statement was filed.
Corporate structure
ASPAC II Acquisition Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ASPAC II Acquisition Corp.
- Anson Chan Filed SCHEDULE 13G/A on ASPAC II Acquisition Corp., latest Jul 28, 2025 (3 filings since Feb 14, 2023)
- Tsz Yan Yip Filed SCHEDULE 13D on ASPAC II Acquisition Corp., latest Jul 15, 2025
- Shaolin Capital Management LLC Filed SC 13G/A on ASPAC II Acquisition Corp., latest Feb 22, 2024 (2 filings since Feb 14, 2023)
- GLAZER CAPITAL, LLC Filed SC 13G/A on ASPAC II Acquisition Corp., latest Feb 14, 2024 (2 filings since Feb 14, 2023)
- Saba Capital Management, L.P. Filed SC 13G/A on ASPAC II Acquisition Corp., latest Feb 7, 2024 (3 filings since May 13, 2022)
- Hudson Bay Capital Management LP Filed SC 13G/A on ASPAC II Acquisition Corp., latest Feb 2, 2024 (2 filings since Feb 6, 2023)
- HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SC 13G/A on ASPAC II Acquisition Corp., latest Jan 19, 2024 (2 filings since Feb 2, 2023)
- Mizuho Financial Group Filed SC 13G on ASPAC II Acquisition Corp., latest Feb 14, 2023
- Space Summit Capital LLC Filed SC 13G/A on ASPAC II Acquisition Corp., latest Feb 7, 2023 (3 filings since May 3, 2022)
- ASPAC II Acquisition Corp. Central, Hong Kong
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ASPAC II Acquisition Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Deposits held (banks) | $250.0K4 Dec 31, 2023 |
Properties, in its own words
We currently maintain our executive offices at 289 Beach Road, #03-01, Singapore 199552. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Feb 17, 2026.11
Leadership
Who has led ASPAC II Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerClaudius Tsang May 2, 2022 to May 2, 202212
- Chief financial officerClaudius Tsang May 2, 2022 to May 2, 202212
Board members and other officers (4)
- Board memberBryan Biniak May 2, 2022 to May 2, 202213
- Board memberKa Wo Chan May 2, 2022 to May 9, 202214
- Board memberMalcolm F. Maclean Iv. May 2, 2022 to May 2, 202215
- Board memberPaul Cummins May 2, 2022 to May 2, 202216
Former names
- SPAC II Acquisition Corp.Aug 10, 2021 to Jun 15, 20223
Timeline
- Oct 17, 20258-K Entered a material agreement; Executive or director change17
- Aug 5, 20258-K Change of auditor18
- Jul 31, 20258-K Bylaws or fiscal year changed; Shareholder vote19
- Jul 28, 20258-K Executive or director change20
- Jul 15, 20258-K Entered a material agreement21
- Dec 10, 20248-K Entered a material agreement22
- Sep 19, 20248-K Listing notice or transfer23
- Jul 24, 20248-K Bylaws or fiscal year changed; Shareholder vote24
- Jul 19, 20248-K Regulation FD disclosure; Other events25
- Mar 19, 20248-K Listing notice or transfer26
- Dec 13, 20238-K Listing notice or transfer; Unregistered sale of shares27
- Aug 3, 20238-K Bylaws or fiscal year changed; Shareholder vote28
- May 2, 2022New chief executive Claudius Tsang becomes CEO12
Filings
103 filings to the SEC since October 2021: 7 annual reports, 14 quarterly reports, 17 major events, 11 insider forms, 19 large holders, 35 other. The latest 20:
- Aug 10, 202610-Q QUARTERLY REPORT EDGAR
- May 11, 202610-Q QUARTERLY REPORT EDGAR
- Feb 17, 202610-K ANNUAL REPORT EDGAR
- Nov 18, 202510-Q QUARTERLY REPORT EDGAR
- Nov 14, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Nov 12, 202510-Q QUARTERLY REPORT EDGAR
- Nov 4, 202510-Q QUARTERLY REPORT EDGAR
- Oct 24, 202510-K/A AMENDMENT NO. 1 TO FORM 10-K EDGAR
- Oct 17, 20258-K CURRENT REPORT EDGAR
- Aug 14, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Aug 5, 20258-K CURRENT REPORT EDGAR
- Jul 31, 20258-K CURRENT REPORT EDGAR
- Jul 28, 2025SCHEDULE 13G/A EDGAR
- Jul 28, 20258-K CURRENT REPORT EDGAR
- Jul 16, 20254 EDGAR
- Jul 15, 2025SC 14F1 INFORMATION STATEMENT EDGAR
- Jul 15, 2025SCHEDULE 13D EDGAR
- Jul 15, 2025DEF 14A PROXY STATEMENT EDGAR
- Jul 15, 20258-K CURRENT REPORT EDGAR
- Jul 14, 20253 EDGAR
The 103 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 7, 2025 | Chan AnsonDirector | Sale | 5,000,000 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Anson ChanSCHEDULE 13G/A, 3 filings Feb 14, 2023 to Jul 28, 202529
- Tsz Yan YipSCHEDULE 13D, 1 filing Jul 15, 202530
- Shaolin Capital Management LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 22, 202431
- GLAZER CAPITAL, LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 14, 202432
- Saba Capital Management, L.P.SC 13G/A, 3 filings May 13, 2022 to Feb 7, 202433
- Hudson Bay Capital Management LPSC 13G/A, 2 filings Feb 6, 2023 to Feb 2, 202434
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 2, 2023 to Jan 19, 202435
- Mizuho Financial GroupSC 13G, 1 filing Feb 14, 202336
- Space Summit Capital LLCSC 13G/A, 3 filings May 3, 2022 to Feb 7, 202337
SEC filer profile
How ASPAC II Acquisition Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARASPAC II Acquisition Corp.1
- CIK0001876716
- Employer ID (EIN)00-000000011
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company11
- Incorporated inBritish Virgin Islands11
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business addressCheung Kong Center, 58 Floor, Unit 5801, 2 Queens Road Central, Central, K3 000001
- Phone852 9258 97281
- Shares outstanding5,243,594 Common Class A shares; 100,000 Common Class B shares as of Feb 17, 202611
- Public float$497.4K as of Jun 30, 202511
- AuditorFundCertify CPA Professional Corporation, Cary, North Carolina PCAOB ID 7189; no auditor attestation of internal control over financial reporting11
- On EDGAR sinceAug 10, 20211
- Filings105 in all: 8-K (17), 10-Q (14), SC 13G/A (9), 3 (8), SC 13G (8), UPLOAD (6), CORRESP (5), 10-K (4)1
All 27 form types
NT 10-Q (4), 10-K/A (3), 4 (3), DEF 14A (3), DEFA14A (3), PRE 14A (3), S-1/A (3), 25-NSE (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), S-1 (1), SC 14F1 (1), SCHEDULE 13D (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Feb 17, 2026
Quarterly report (10-Q) Aug 10, 2026
Proxy statement (DEF 14A) Jul 15, 2025
Latest 8-K (8-K) Oct 17, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| ASUUF | ||
| ASCBF | ||
| ASCWF | ||
| ASCRF |
From the cover page of the 10-K filed Feb 17, 2026 (Section 12(b) of the Exchange Act).11
Risk factors and legal proceedings
The risks ASPAC II Acquisition Corp. names in Item 1A of its 10-K filed Feb 17, 2026: 8 risks under these headings, as written.11
- Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability continue as a “going concern.”
- With the growing number of new special purpose acquisition companies (SPACs) in the market searching for targets, attractive targets may become more scarce, and the competition for these targets could intensify. This could increase the cost of our initial business combination and it could even result in our inability to find a target or to consummate an initial business combination.
- We may not be able to complete an initial business combination with a U.S. target company since such initial business combination may be subject to U.S. foreign investment regulations and review by a U.S. government entity such as the Committee on Foreign Investment in the United States (CFIUS), or ultimately prohibited.
- If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete our initial business combination.
- Changes in the policies, regulations, rules, and the enforcement of laws of the PRC government may be quick with little advance notice and could have a significant impact on our business and prospects.
- You may experience difficulties in effecting service of legal process, enforcing foreign judgments, or bringing actions in China against us or our management based on foreign laws. It will be difficult for you or overseas regulators to conduct investigations or collect evidence within China.
- Uncertainties with respect to the PRC legal system could have a material adverse effect on us.
- China’s economic, political and social conditions, as well as changes in any government policies, laws and regulations may be quick with little advance notice and could have a material adverse effect on our business and the value of our securities.
- Risks Related to Our Possible Business Combination with a China-based Target
Legal proceedings
We may be subject to legal proceedings, investigations and claims incidental to the conduct of our business from time to time. We are not currently a party to any material litigation or other legal proceedings brought against us. We are also not aware of any legal proceeding, investigation or claim, or other legal exposure that has a more than remote possibility of having a material adverse effect on our business, financial condition or results of operations.
The opening of Item 3, Legal Proceedings.11
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARBryan Biniak, Board member
- 14SEC EDGARKa Wo Chan, Board member
- 15SEC EDGARMalcolm F. Maclean Iv., Board member
- 16SEC EDGARPaul Cummins, Board member
- 17
- 18SEC EDGARChange of auditor
- 19
- 20SEC EDGARExecutive or director change
- 21SEC EDGAREntered a material agreement
- 22SEC EDGAREntered a material agreement
- 23SEC EDGARListing notice or transfer
- 24
- 25
- 26SEC EDGARListing notice or transfer
- 27
- 28
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