EQV Ventures Acquisition Corp. II filed its Form 10-Q for the quarter ended September 30, 2026 with the Securities and Exchange Commission on November 10, 2026, reporting financial results and balance sheet data for the SPAC.

Key Highlights

  • Trust Account: Cash held in the Trust Account totaled $481,646,478 as of September 30, 2026, up from $469,017,981 at December 31, 2025.
  • Redemption Value: The 46,000,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.46 per share as of September 30, 2026.
  • Net Income: The company reported net income of $4,096,273 for the three months ended September 30, 2026, and $11,976,261 for the nine months ended September 30, 2026.
  • Shareholders' Deficit: Total shareholders' deficit stood at $(17,033,877) as of September 30, 2026, compared to $(16,381,641) at December 31, 2025.
  • Shares Outstanding: As of November 9, 2026, there were 46,947,857 Class A ordinary shares and 11,500,000 Class B ordinary shares issued and outstanding.
  • Deferred Underwriting Fee: A deferred underwriting fee payable of $17,100,000 remained on the balance sheet as of September 30, 2026.

EQV Ventures Acquisition Corp. II Financial Position and Q3 2026 Results

According to the filing, EQV Ventures Acquisition Corp. II (NYSE:EVAC), a Cayman Islands-incorporated special purpose acquisition company based in Park City, Utah, reported total assets of $482,646,057 as of September 30, 2026. The vast majority of those assets, $481,646,478, consisted of cash held in the Trust Account, which grew from $469,017,981 at December 31, 2025. The company disclosed that the 46,000,000 Class A ordinary shares subject to possible redemption carried a per-share redemption value of $10.46 at September 30, 2026, compared to $10.19 at the prior year-end.

For the three months ended September 30, 2026, the registrant reported general and administrative costs of $398,736, resulting in a loss from operations of $(398,736). Other income, primarily interest earned on cash held in the Trust Account of $4,487,092, offset that loss, producing net income of $4,096,273. For the nine-month period ended September 30, 2026, net income totaled $11,976,261, driven by $13,128,497 in interest earned on the Trust Account against general and administrative costs of $1,181,729. Basic and diluted net income per Class A ordinary share was $0.07 for the three months and $0.20 for the nine months ended September 30, 2026, the company disclosed.

The filing noted a total shareholders' deficit of $(17,033,877) at September 30, 2026, reflecting an accumulated deficit of $(17,035,121). Non-current liabilities included a deferred underwriting fee payable of $17,100,000 and deferred legal fees of $1,370,155. The company also indicated it is classified as a shell company, a smaller reporting company, and an emerging growth company. Cash and cash equivalents in the operating account were $885,642 as of September 30, 2026, down from $1,092,055 at December 31, 2025.

What Was Disclosed

EQV Ventures Acquisition Corp. II disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, including balance sheet data, income statement figures, and share counts, in a Form 10-Q filed November 10, 2026.