Armada Acquisition Corp. II closes $230M IPO and $7.1M private placement

Armada Acquisition Corp. II

IPO of 23M units at $10.00/unit raised $230M; each unit has one share and half a warrant.
Private placement of 710,000 units to sponsor, CCM, and Northland raised $7.1M.
$231.15M placed in trust account ($10.05 per public share).
Company has 18 months from May 22, 2025 to complete an initial business combination.
Transaction costs totaled $14.4M, including $9.2M deferred underwriting fee.

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