{"url_path":"/sec/irab-wt/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2077785/0001185185-26-001860-index.html","accession_number":"0001185185-26-001860","cik":"0002077785","ticker":"IRAB","issuer_name":"Iris Acquisition Corp II","edgar_url":"https://www.sec.gov/Archives/edgar/data/2077785/0001185185-26-001860-index.html","primary_entity_key":"0002077785","primary_entity_name":"Iris Acquisition Corp II"},"word_count":662,"has_tables":true,"body_markdown":"**UNITED\nSTATES**\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n \n\n \n\n**FORM\n10-Q**\n\n \n\n \n\n \n\n**(MARK\nONE)**\n\n☒ **QUARTERLY\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe quarter ended March 31, 2026**\n\n \n\n☐ **TRANSITION\nREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from                    to                      **\n\n \n\n**Commission\nfile number: 001-43095**\n\n \n\n**IRIS\nACQUISITION CORP II**\n\n(Exact\nName of Registrant as Specified in Its Charter)\n\n \n\n**Cayman Islands**   **N/A**\n\n(State or other jurisdiction of\nincorporation or organization)   (I.R.S. Employer\nIdentification No.)\n\n \n\n**OT 09-31 Central Park Towers Offices Dubai International Financial Centre PO Box 941641 Dubai, United Arab Emirates**   **N/A**\n\n(Address of Principal Executive Offices)   (Zip Code)\n\n** **\n\nRegistrant’s\ntelephone number, including area code: ** +971-4-3966949**\n\n \n\nN/A\n\n(Former name or former address, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\nUnits, each consisting of one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemable warrant   IRABU   NYSE\n\nClass A ordinary shares, par value $0.0001 per share   IRAB   NYSE\n\nWarrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   IRABW   NYSE\n\n \n\nCheck\nwhether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or\nfor such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements\nfor the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule\n405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant\nwas required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller\nreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer ☐   Accelerated filer ☐\n\nNon-accelerated filer ☒   Smaller reporting company ☒\n\n    Emerging growth company ☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒  No ☐\n\n \n\nAs\nof May 14, 2026, there were 17,288,000 Class A ordinary shares, $0.0001 par value and 5,616,667 Class B ordinary shares, $0.0001 par\nvalue, issued and outstanding.\n\n \n\n \n\n \n\n \n\n**IRIS\nACQUISITION CORP II**\n\n \n\n**FORM\n10-Q FOR THE QUARTER ENDED MARCH 31, 2026**\n\n \n\n**TABLE\nOF CONTENTS**\n\n \n\n \n \n**Page**\n\n[Part I. Financial Information](#a_001)\n \n \n\n[Item 1. Financial Statements](#a_002)\n \n1\n\n[Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025](#a_003)\n \n1\n\n[Condensed Statement of Operations for the Three Months Ended March 31, 2026 (Unaudited)](#a_004)\n \n2\n\n[Condensed Statement of Changes in Shareholders’ Deficit for the Three Months Ended March 31, 2026 (Unaudited)](#a_005)\n \n3\n\n[Condensed Statement of Cash Flows for the Three Months Ended March 31, 2026 (Unaudited)](#a_006)\n \n4\n\n[Notes to Condensed Financial Statements (Unaudited)](#a_007)\n \n5\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n15\n\n[Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk](#a_009)\n \n17\n\n[Item 4. Controls and Procedures](#a_010)\n \n17\n\n[Part II. Other Information](#a_011)\n \n \n\n[Item 1. Legal Proceedings](#a_012)\n \n18\n\n[Item 1A. Risk Factors](#a_013)\n \n18\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n \n18\n\n[Item 3. Defaults Upon Senior Securities](#a_015)\n \n18\n\n[Item 4. Mine Safety Disclosures](#a_016)\n \n18\n\n[Item 5. Other Information](#a_017)\n \n18\n\n[Item 6. Exhibits](#a_018)\n \n19\n\n[Part III. Signatures](#a_019)\n \n20\n\n \n\ni\n\n[Table of Contents](#TableOfContents)\n\n \n\n**PART\nI - FINANCIAL INFORMATION**"}