EQV Ventures Acquisition Corp. II, a Cayman Islands blank check company listed on the New York Stock Exchange, filed its Form 10-Q for the quarter ended June 30, 2026 with the SEC on August 14, 2026.

Key Highlights

  • Trust Account balance: Cash held in the Trust Account stood at $477,159,386 as of June 30, 2026, up from $469,017,981 at December 31, 2025, according to the filing.
  • Net income for the six months: The company reported net income of $7,879,988 for the six months ended June 30, 2026, compared to a net loss of $(49,377) for the same period in 2025.
  • Interest on Trust Account: The filing reported $8,641,405 in interest earned on cash held in the Trust Account for the six months ended June 30, 2026.
  • Redemption value per share: The 46,000,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.36 per share as of June 30, 2026.
  • Shares outstanding: As of August 13, 2026, there were 46,947,857 Class A ordinary shares and 11,500,000 Class B ordinary shares issued and outstanding.
  • Accumulated deficit: The company reported an accumulated deficit of $(16,644,302) as of June 30, 2026.

EQV Ventures Acquisition Corp. II Q2 2026 Financial Position and Operating Results

EQV Ventures Acquisition Corp. II (NYSE:EVAC) is a blank check company incorporated in the Cayman Islands and headquartered in Park City, Utah, formed for the purpose of completing a business combination. According to the filing, total assets as of June 30, 2026 were $478,423,347, with the Trust Account representing the predominant portion at $477,159,386. Total liabilities were reported at $18,407,019, including a deferred underwriting fee payable of $17,100,000 and deferred legal fees of $1,195,794.

The company disclosed general and administrative costs of $782,993 for the six months ended June 30, 2026, compared to $49,377 for the same period in 2025. Total other income for the six-month period was $8,662,981, which included $8,641,405 in interest earned on cash held in the Trust Account and $21,576 in interest earned on the operating account, as stated in the condensed statements of operations. Basic and diluted net income per share for both Class A and Class B ordinary shares was $0.13 for the six months ended June 30, 2026.

The filing also noted share capital activity in the prior year period. On July 1, 2025, the company issued an additional 2,012,500 Class B ordinary shares to its Sponsor in a share recapitalization, and the underwriter partially exercised its over-allotment option on July 3, 2025. The remaining 575,000 Founder Shares were forfeited on August 17, 2025, the expiration date of the over-allotment option, reducing total Class B ordinary shares outstanding to 11,500,000. All share and per-share amounts were retrospectively restated, according to the filing.

What Was Disclosed

The filing covers the unaudited condensed financial statements and management discussion for the quarter and six months ended June 30, 2026, reporting Trust Account growth, net income driven by trust interest, and the company's ongoing shareholders' deficit position.