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Armada Acquisition Corp. II Class A Ordinary Shares (AACI)


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Upturn Advisory Summary
10/23/2025: AACI (1-star) is a SELL. SELL since 1 days. Simulated Profits (-0.29%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit -0.29% | Avg. Invested days 45 | Today’s Advisory SELL |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 69.49M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta -0.04 | 52 Weeks Range 8.10 - 14.50 | Updated Date 09/22/2024 |
52 Weeks Range 8.10 - 14.50 | Updated Date 09/22/2024 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.14 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -6.28% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 73677193 | Price to Sales(TTM) - |
Enterprise Value 73677193 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -23.45 | Shares Outstanding 7127190 | Shares Floating 2039658 |
Shares Outstanding 7127190 | Shares Floating 2039658 | ||
Percent Insiders 77.83 | Percent Institutions 13.25 |
Upturn AI SWOT
Armada Acquisition Corp I
Company Overview
History and Background
Armada Acquisition Corp. II was a blank check company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It was founded in 2020.
Core Business Areas
- SPAC: Armada Acquisition Corp. II was a Special Purpose Acquisition Company (SPAC) which means it had no core business areas until it acquired a target company. It was focused on identifying and merging with an existing company.
Leadership and Structure
As a SPAC, leadership consisted of a management team experienced in deal-making and private equity. The structure involved a board of directors overseeing the process of identifying and completing a merger.
Top Products and Market Share
Key Offerings
- SPAC Structure: The 'product' was the SPAC structure itself, offering a private company a faster route to public markets than a traditional IPO. Market share is not applicable as it was a deal-making entity. Competitors are other SPACs and IPO underwriters.
Market Dynamics
Industry Overview
The SPAC market experienced periods of high activity followed by increased regulatory scrutiny and reduced investor appetite. The SPAC structure remains a viable, but currently less favored, alternative to a traditional IPO.
Positioning
Armada Acquisition Corp. II sought to position itself as an attractive partner for a private company seeking to go public. However, it ultimately liquidated.
Total Addressable Market (TAM)
The TAM was the universe of private companies seeking public market access. The position within the TAM depended on the management team's network and deal-sourcing capabilities. Given liquidation, the TAM is irrelevant.
Upturn SWOT Analysis
Strengths
- Experienced Management Team (initially)
- Access to Capital (initially)
- Flexibility to Pursue Various Targets (initially)
Weaknesses
- Dependence on Identifying a Suitable Target
- Potential for Dilution of Shareholder Value
- Limited Operating History
Opportunities
- Attractive Valuation of Private Companies
- Growing Demand for Public Market Access
- Potential for Value Creation Through Operational Improvements
Threats
- Increased Regulatory Scrutiny
- Competition from Other SPACs
- Market Volatility
- Inability to Find Suitable Target and Eventual Liquidation
Competitors and Market Share
Key Competitors
Competitive Landscape
The company was competing with numerous other SPACs for attractive merger targets. Given the liquidation there is no competitive advantage or disadvantage anymore.
Growth Trajectory and Initiatives
Historical Growth: Growth was contingent on completing a successful merger, which did not occur.
Future Projections: No future projections are applicable due to liquidation.
Recent Initiatives: The main initiative was the search for a merger target. This ultimately failed leading to liquidation.
Summary
Armada Acquisition Corp. II was a SPAC that failed to identify and acquire a target company, resulting in its liquidation. Its inability to secure a merger partner, amidst increased regulatory scrutiny and market volatility, ultimately led to its downfall. The experienced management team and initial access to capital could not overcome the challenges inherent in the SPAC market. This outcome highlights the risks associated with investing in blank-check companies and the importance of due diligence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Financial News Articles
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Past performance is not indicative of future results. The company liquidated and is no longer operational.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Armada Acquisition Corp I
Exchange NASDAQ | Headquaters Philadelphia, PA, United States | ||
IPO Launch date 2021-11-10 | CEO & Chairman Mr. Stephen P. Herbert | ||
Sector Financial Services | Industry Shell Companies | Full time employees - | Website https://armadaacq.com |
Full time employees - | Website https://armadaacq.com |
Armada Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses in the financial technology industry. The company was incorporated in 2020 and is based in Philadelphia, Pennsylvania.

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