Spartacus Acquisition Corp. II filed its quarterly report on Form 10-Q for the period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 12, 2026.

Key Highlights

  • Share count as of November 12, 2026: 23,000,000 Class A Ordinary Shares and 7,666,667 Class B Ordinary Shares were issued and outstanding.
  • IPO completed February 12, 2026: The company consummated its initial public offering on that date, with Underwriters fully exercising a 45-day over-allotment option to purchase 3,000,000 additional units.
  • Combination Period deadline: The company has until February 12, 2028 (or an earlier date as determined by the Board) to consummate an initial Business Combination, a 24-month window from IPO closing.
  • Deferred underwriting fee: An aggregate fee of $2,300,000 is payable to the Underwriters only upon completion of the initial Business Combination.
  • Trust Account interest withdrawals capped: Permitted Withdrawals for working capital are subject to an annual limit of $300,000 of interest generated on Trust Account funds.
  • Shell company status: The registrant indicated it is a shell company as defined under Rule 12b-2 of the Exchange Act.

Spartacus Acquisition Corp. II Reports Q3 2026 SPAC Status and Business Combination Timeline

Spartacus Acquisition Corp. II (NASDAQ:TMTS), a Cayman Islands exempted company based in Austin, Texas, filed its Form 10-Q for the quarterly period ended September 30, 2026, disclosing operational and structural details of its special purpose acquisition company (SPAC) activities. The filing covers the three and nine months ended September 30, 2026, and was submitted on November 12, 2026.

According to the filing, the company completed its initial public offering on February 12, 2026. The Underwriters, represented by BTIG, LLC and co-managed by Odeon Capital Group, LLC, fully exercised their over-allotment option, purchasing 3,000,000 Option Units. As of November 12, 2026, the registrant reported 23,000,000 Class A Ordinary Shares and 7,666,667 Class B Ordinary Shares outstanding. Three classes of securities are listed on The Nasdaq Stock Market LLC: Units under the symbol TMTSU, Class A Ordinary Shares under TMTS, and Redeemable Warrants under TMTSW. Each Redeemable Warrant is exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share.

The filing states the company has a 24-month Combination Period, running from the IPO closing to February 12, 2028, in which it must complete an initial Business Combination, subject to any amendment to its Amended and Restated Articles. A Deferred Fee of $2,300,000 is owed to the Underwriters upon completion of that transaction. The IPO Promissory Note, an unsecured note issued to the Sponsor on November 5, 2025, carries a principal amount of up to $300,000. Continental Stock Transfer and Trust Company serves as trustee of the Trust Account. The registrant identified itself as a smaller reporting company, a non-accelerated filer, and an emerging growth company, and confirmed its shell company status.

What Was Disclosed

Spartacus Acquisition Corp. II disclosed its unaudited financial statements and operational details for the quarter ended September 30, 2026, including share counts, IPO structure, the Business Combination deadline of February 12, 2028, and a $2,300,000 deferred underwriting fee contingent on deal completion.