Stocks/AACB

AACB

Artius II Acquisition Inc. Class A Ordinary Shares
Financial Services·Shell Companies
$10.46
$289M market cap
Revenue
$0.0M
Free Cash Flow
$-0.2M
Rev Growth
+0.0%
FCF Margin
0.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Artius II Acquisition Inc. is a blank check company incorporated in 2024, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on technology-enabled businesses offering technology software and services, or financial services.

2-Year Price History

$10.44+5.6%
$9.9$10$10$10$10$10volApr 25Jun 25Aug 25Oct 25Dec 25Feb 26Apr 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q10.0-1.8-1.80.3-0.2-0.2-0.0230.20.022.0------

Valuation & Metrics

Market Stats

Price$10.46
Market Cap$289M
Enterprise Value$59M
P/S Ratio0.0x
P/FCF--
EV/FCF--
FCF Margin (TTM)0.0%
FCF Yield-0.1%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$0.0M
Net Income$0.3M
Free Cash Flow$-0.2M

Revenue Growth (YoY)+0.0%
EBITDA Margin0.0%
Net Margin0.0%
FCF Margin0.0%
CapEx % of Revenue0.0%
SBC % of Revenue0.0%
ROIC--
WC Change % Rev0.0%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)-3.0%
Need at least 2 settlement dates for chart

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
76.2%(+9.6% YoY)
51 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-0.0% YoY)
1 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2025-062025-092025-122026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
HGC Investment Management Inc.$15.5M$10.18+$0+$15.5M-4.0%$451M
AQR Arbitrage LLC$14.8M$10.12−$600K+$14.8M-0.0%$5.11B
GLAZER CAPITAL, LLC$13.4M$10.14+$1.4M+$13.4M+8.8%$4.51B
LINDEN ADVISORS LP$10.3M$10.12+$0+$10.3M-7.0%$1.89B
Westchester Capital Management, LLC$10.3M$10.12+$0+$10.3M-4.3%$2.07B
Alberta Investment Management Corp$10.1M$10.12+$0+$10.1M-0.4%$14.74B
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$8.8M$10.12+$0+$8.8M-0.2%$60.08B
Polar Asset Management Partners Inc.$8.3M$10.12−$128K+$8.3M+1.8%$3.16B
PICTON MAHONEY ASSET MANAGEMENT$7.8M$10.12+$0+$7.8M+1.4%$9.44B
TWO SIGMA INVESTMENTS, LP$7.5M$10.12+$0+$7.5M-0.9%$117.03B
Radcliffe Capital Management, L.P.$7.0M$10.16+$119K+$7.0M+3.9%$1.33B
Magnetar Financial LLC$6.2M$10.12+$0+$6.2M-0.8%$9.54B
D. E. Shaw & Co., Inc.$6.2M$10.12+$0+$6.2M-0.3%$118.02B
Shaolin Capital Management LLC$5.7M$10.21+$620K+$5.7M+7.5%$1.20B
Hudson Bay Capital Management LP$5.7M$10.30+$0+$5.7M+1.9%$15.12B
MOORE CAPITAL MANAGEMENT, LP$5.2M$10.12+$0+$5.2M+2.3%$2.52B
Sculptor Capital LP$5.2M$10.12+$0+$5.2M+5.4%$4.63B
HBK INVESTMENTS L P$5.2M$10.12+$0+$5.2M+1.7%$7.37B
GOLDMAN SACHS GROUP INC$4.8M$10.12+$0+$4.8M-0.2%$760.93B
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS$4.1M$10.12−$20K+$4.1M-0.2%$19.62B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BULLISH
Holders
+0.22%
avg per quarter
Holders (ex-self)
+0.23%
excl. this stock
Buyers (this Q)
+1.83%
13 buyers · $0.01B in
Sellers (this Q)
+0.90%
13 sellers · $0.01B out
alpha coverage: 98% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-6.9%
how holders react when this stock falls
On quiet Qs
-3.9%
−10% to +10% baseline
On rallies (+10%+)
-12.4%
how they react when this stock rises
Holders' portfolio flow this Q
+3.0%
inflows — adds are organic
Sellers' portfolio flow this Q
-5.2%
Sellers shed AUM broadly — partly forced.

Top-5 holders · 29.3%

HGC Investment Management Inc.--
AQR Arbitrage LLC--
GLAZER CAPITAL, LLC--
LINDEN ADVISORS LP--
Westchester Capital Management, LLC--

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

03.0M6.0M8.9M11.9M$10$10$10$10$102025-062025-092025-122026-03
hover the chart for per-quarter detailprice (right axis)
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND850KHGC Investment Management Inc.1.5MAQR Arbitrage LLC1.4MSculptor Capital LP500KGLAZER CAPITAL, LLC1.3MLINDEN ADVISORS LP1.0MWestchester Capital Management, LLC996KPolar Asset Management Partners Inc.800KAlberta Investment Management Corp980KPICTON MAHONEY ASSET MANAGEMENT750K

Corporate

Order Flow (FINRA, ~3w lag)

11.1%retail-56.3pp
0.0%dark+1.5pp
week of 2026-04-13
0%20%40%60%80%100%25-0425-0625-0825-1025-1226-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

AACB: The 20% Founder Tax and the SPAC Liquidity Trap

Overall Risk
6/10
Fraud
2/10
Dilution
9/10
Insolvency
7/10
Earnings Overstated
1/10
Hidden Liabilities
6/10
Legal
3/10
Audit Warnings
8/10
Hidden Upside
5/10
Contextually Acceptable
8/10