JACS
Jackson Acquisition Company IIFinancial Services·Shell Companies
$10.62
$314M 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
--
Jackson Acquisition Co. II operates as a blank check company. It was 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. The company was founded on September 11, 2024 and is headquartered in Alpharetta, GA.
2-Year Price History
$10.61+6.6%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 0.0 | -0.2 | -0.2 | 2.0 | -0.1 | -0.1 | -0.0 | 0.4 | 0.2 | 23.0 | -0.8% | -- | -- |
| Act | 2025-Q4 | 0.0 | -0.1 | -0.1 | 2.2 | -0.1 | -0.1 | -0.0 | 0.5 | 0.2 | 23.0 | -0.5% | -- | -- |
Valuation & Metrics
Market Stats
Price$10.62
Market Cap$314M
Enterprise Value$314M
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$4.2M
Free Cash Flow$-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-0.7%
WC Change % Rev0.0%
Interest Coverage--
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.0M
Days to Cover1.0
Change (vs Prior)+1.9%
Need at least 2 settlement dates for chart
Employees
Headcount2
Revenue / Employee$0
Gross Profit / Employee$0
Cash Runway
24.6months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
74.5%(+21.3% YoY)
47 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.0%(+0.0% YoY)
0 filers
Vanguard, iShares, SPDR
Market makers
0.0%(+0.0% YoY)
0 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Hudson Bay Capital Management LP | $16.1M | $10.17 | +$341K | +$6.0M | +1.9% | $15.12B |
| METEORA CAPITAL, LLC | $12.9M | $10.35 | +$4.8M | +$10.8M | -6.1% | $69.12B |
| GLAZER CAPITAL, LLC | $12.7M | $10.09 | −$107K | +$912K | +8.8% | $4.51B |
| Westchester Capital Management, LLC | $12.6M | $10.30 | +$0 | +$12.6M | -4.3% | $2.07B |
| AQR Arbitrage LLC | $12.3M | $10.07 | −$574K | −$818K | -0.0% | $5.11B |
| LINDEN ADVISORS LP | $12.2M | $10.16 | +$0 | +$3.7M | -7.0% | $1.89B |
| D. E. Shaw & Co., Inc. | $12.1M | $10.14 | +$0 | +$2.7M | -0.3% | $118.02B |
| WOLVERINE ASSET MANAGEMENT LLC | $11.1M | $10.27 | +$704K | +$7.5M | +1.9% | $2.32B |
| Polar Asset Management Partners Inc. | $10.8M | $10.07 | +$0 | −$5.3M | +1.8% | $3.16B |
| MIZUHO SECURITIES USA LLC | $7.5M | $10.51 | +$6.7M | +$7.5M | +0.0% | $4.03B |
| HEIGHTS CAPITAL MANAGEMENT, INC | $7.4M | $10.30 | +$0 | +$7.4M | -2.5% | $357M |
| Radcliffe Capital Management, L.P. | $7.1M | $10.33 | +$133K | +$7.1M | +4.3% | $1.33B |
| Mint Tower Capital Management B.V. | $6.9M | $10.07 | +$0 | +$0 | +6.4% | $517M |
| TENOR CAPITAL MANAGEMENT Co., L.P. | $6.4M | $10.15 | +$0 | +$2.1M | +5.6% | $1.50B |
| Magnetar Financial LLC | $6.3M | $10.30 | +$0 | +$6.3M | -0.8% | $9.54B |
| Vivaldi Asset Management, LLC | $6.0M | $10.15 | −$53K | +$2.0M | +3.3% | $1.90B |
| TWO SIGMA INVESTMENTS, LP | $5.0M | $10.07 | +$0 | +$0 | -0.9% | $117.03B |
| LMR Partners LLP | $4.7M | $10.07 | +$0 | +$0 | -2.0% | $8.84B |
| BERKLEY W R CORP | $4.6M | $10.22 | +$891K | +$1.9M | +0.3% | $1.86B |
| Bulldog Investors, LLC | $4.3M | $10.08 | −$15K | +$174K | -0.9% | $445M |
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
+0.10%
avg per quarter
Holders (ex-self)
+0.13%
excl. this stock
Buyers (this Q)
-1.37%
14 buyers · $0.03B in
Sellers (this Q)
-2.35%
11 sellers · $0.02B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-4.3%
how holders react when this stock falls
On quiet Qs
-0.8%
−10% to +10% baseline
On rallies (+10%+)
-13.6%
how they react when this stock rises
Holders' portfolio flow this Q
+9.7%
inflows — adds are organic
Sellers' portfolio flow this Q
-3.3%
Sellers shed AUM broadly — partly forced.
Biggest decreases this quarter
Top-5 holders · 28.4%
Hudson Bay Capital Management LP--
METEORA CAPITAL, LLC--
GLAZER CAPITAL, LLC--
Westchester Capital Management, LLC--
AQR Arbitrage LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Harraden Circle Investments, LLC—HGC Investment Management Inc.25KHudson Bay Capital Management LP1.5MPolar Asset Management Partners Inc.1.0MMETEORA CAPITAL, LLC1.2MGLAZER CAPITAL, LLC1.2MAQR Arbitrage LLC1.2MWestchester Capital Management, LLC1.2MLINDEN ADVISORS LP1.1MD. E. Shaw & Co., Inc.1.1M
Corporate
Order Flow (FINRA, ~3w lag)
0.1%retail-6.2pp
81.7%dark+19.7pp
week of 2026-04-13
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
Jackson Acquisition Company II: Standard SPAC Mechanics with High Contingent Liabilities
Overall Risk
4/10
Fraud
2/10
Dilution
8/10
Insolvency
3/10
Earnings Overstated
1/10
Hidden Liabilities
6/10
Legal
2/10
Audit Warnings
2/10
Hidden Upside
3/10
Contextually Acceptable
9/10