Overview
- TickerDMII on Nasdaq1
- IndustryBlank Checks1
- HeadquartersNew York, New York1
- Business address420 Lexington Avenue, Suite 1402, New York, Ny 101702
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
See how the biggest companies compare on our leaderboards
Chief Financial Officer (the “CFO”) learned that Sponsor would not be able to repay the balance due back to the Company.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year (annual) or 1 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 |
|---|---|
| General and administrative costs | $488.4K |
| Total operating expenses | $488.4K |
| Loss from operations | -$488.4K |
| Interest earned on cash and investments held in Trust Account | $4.9M |
| Gain on extinguishment of over-allotment option liability | $553.7K |
| Provision for credit losses | -$812.1K |
| Total other income | $4.7M |
| Net income (loss) | $4.2M |
| Period ending | 2024-12-31 |
|---|---|
| General and administrative costs | $151.7K |
| Total operating expenses | $151.7K |
| Loss from operations | -$151.7K |
| Net income (loss) | -$151.7K |
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2025-02-28 | 2024-12-31 |
|---|---|---|---|
| Cash | $223 | $17.0K | |
| Prepaid expenses | $25.8K | $42.6K | |
| Total Current Assets | $26.0K | $59.6K | |
| Deferred offering costs | $78.4K | ||
| Cash and investments held in Trust Account | $504.9M | ||
| Total Non-current Assets | $504.9M | $78.4K | |
| TOTAL ASSETS | $505.0M | $138.1K | |
| Accounts payable | $99.4K | ||
| Accrued expenses | $88.3K | ||
| Accrued offering costs | $113.2K | $4.7K | |
| Promissory Note Related Party | $250.1K | ||
| Total Current Liabilities | $300.9K | $254.8K | |
| Deferred underwriting fee payable | $17.5M | ||
| Total Non-current Liabilities | $17.5M | ||
| TOTAL LIABILITIES | $17.8M | $254.8K | |
| Ordinary shares subject to possible redemption, 50,000,000 shares at redemption value of $10.00 and $0 per share as of December 31, 2025 and 2024, respectively | $504.9M | ||
| Ordinary shares, $0.0001 par value; 220,000,000 shares authorized; [13,700,000] and 14,375,000 shares issued and outstanding, excluding 50,000,000 and 0 shares subject to redemption as of December 31, 2025 and 2024, respectively(1)(2) | $1.4K | $1.4K | |
| Additional paid-in capital | $33.6K | ||
| Accumulated deficit | -$17.8M | -$151.7K | |
| Total Shareholders Deficit | -$17.8M | -$116.7K | |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS DEFICIT | $505.0M | $138.1K | |
| Net of reserve for credit losses | $812.1K | $812.1K | |
| Ordinary shares subject to possible redemption, shares | 50.0M shares | 50.0M shares | |
| Ordinary shares subject to possible redemption, per share | $10.10 | $0.00 | |
| Preference shares, authorized | 1.0M shares | 1.0M shares | |
| Preference shares, par value | $0.00 | $0.00 | |
| Ordinary shares, par value | $0.00 | $0.00 | |
| Ordinary shares, authorized | 220.0M shares | 220.0M shares | |
| Ordinary shares, issued | 13.7M shares | 14.4M shares | |
| Ordinary shares, outstanding | 13.7M shares | 14.4M shares | |
| Number of ordinary shares subject to forfeiture | 18.8M shares |
| Period ending | 2025-12-31 | 2025-02-28 | 2024-12-31 |
|---|---|---|---|
| Cash | $223 | $17.0K | |
| Prepaid expenses | $25.8K | $42.6K | |
| Total Current Assets | $26.0K | $59.6K | |
| Deferred offering costs | $78.4K | ||
| Cash and investments held in Trust Account | $504.9M | ||
| Total Non-current Assets | $504.9M | $78.4K | |
| TOTAL ASSETS | $505.0M | $138.1K | |
| Accounts payable | $99.4K | ||
| Accrued expenses | $88.3K | ||
| Accrued offering costs | $113.2K | $4.7K | |
| Promissory Note Related Party | $250.1K | ||
| Total Current Liabilities | $300.9K | $254.8K | |
| Deferred underwriting fee payable | $17.5M | ||
| Total Non-current Liabilities | $17.5M | ||
| TOTAL LIABILITIES | $17.8M | $254.8K | |
| Ordinary shares subject to possible redemption, 50,000,000 shares at redemption value of $10.00 and $0 per share as of December 31, 2025 and 2024, respectively | $504.9M | ||
| Ordinary shares, $0.0001 par value; 220,000,000 shares authorized; [13,700,000] and 14,375,000 shares issued and outstanding, excluding 50,000,000 and 0 shares subject to redemption as of December 31, 2025 and 2024, respectively(1)(2) | $1.4K | $1.4K | |
| Additional paid-in capital | $33.6K | ||
| Accumulated deficit | -$17.8M | -$151.7K | |
| Total Shareholders Deficit | -$17.8M | -$116.7K | |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS DEFICIT | $505.0M | $138.1K | |
| Net of reserve for credit losses | $812.1K | $812.1K | |
| Ordinary shares subject to possible redemption, shares | 50.0M shares | 50.0M shares | |
| Ordinary shares subject to possible redemption, per share | $10.10 | $0.00 | |
| Preference shares, authorized | 1.0M shares | 1.0M shares | |
| Preference shares, par value | $0.00 | $0.00 | |
| Ordinary shares, par value | $0.00 | $0.00 | |
| Ordinary shares, authorized | 220.0M shares | 220.0M shares | |
| Ordinary shares, issued | 13.7M shares | 14.4M shares | |
| Ordinary shares, outstanding | 13.7M shares | 14.4M shares | |
| Number of ordinary shares subject to forfeiture | 18.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year (annual) or 1 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 |
|---|---|
| Net income (loss) | $4.2M |
| Payment of operating costs through promissory note | $77.8K |
| Interest earned on cash and investments held in Trust Account | -$4.9M |
| Gain on extinguishment of over-allotment option liability | -$553.7K |
| Provision for credit losses | $812.1K |
| Prepaid expenses | $16.8K |
| Due from Sponsor | -$812.1K |
| Accounts payable | $99.4K |
| Accrued expenses | $88.3K |
| Net cash used in operating activities | -$1.0M |
| Investment of cash into Trust Account | -$500.0M |
| Net cash used in investing activities | -$500.0M |
| Proceeds from sale of Units, net of underwriting discounts paid | $490.0M |
| Proceeds from sale of Private Placement Units | $12.0M |
| Repayment of promissory note - related party | -$533.8K |
| Payment of offering costs | -$464.8K |
| Net cash provided by financing activities | $501.0M |
| Net Change in Cash | -$16.8K |
| Offering costs included in accrued offering costs | $108.5K |
| Deferred offering costs paid through promissory note related party | $205.9K |
| Accretion and remeasurement of redeemable ordinary shares to redemption value | $43.6M |
| Deferred underwriting fee payable | $17.5M |
| Deferred offering costs for issuance of Public Units | $857.6K |
| Fair value of rights included in Public Units | $10.4M |
| Period ending | 2024-12-31 |
|---|---|
| Net income (loss) | -$151.7K |
| Prepaid expenses | -$42.6K |
| Net cash used in operating activities | -$194.3K |
| Proceeds from issuance of founder shares to Sponsor | $35.0K |
| Proceeds from promissory note - related party | $300.1K |
| Repayment of promissory note - related party | -$50.0K |
| Payment of offering costs | -$73.8K |
| Net cash provided by financing activities | $211.3K |
| Net Change in Cash | $17.0K |
| Offering costs included in accrued offering costs | $4.7K |
Compare Drugs Made In America Acquisition II Corp. with another company
Corporate structure
Drugs Made In America Acquisition II Corp. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Drugs Made In America Acquisition II Corp.
- Drugs Made In America Acquisition II LLC Filed SCHEDULE 13D on Drugs Made In America Acquisition II Corp., latest Oct 2, 2025
- Drugs Made In America Acquisition II Corp. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Drugs Made In America Acquisition II Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $2234 Dec 31, 2025 |
Properties, in its own words
We do not own any real estate or other physical properties materially important to our operations. Our principal executive offices were previously located at 1 East Broward Boulevard, Suite 700, Fort Lauderdale, FL 33301. The cost for this space is included in the $10,000 per month fee that we paid to our sponsor or an affiliate for office space, administrative and support services. We have ceased making the $10,000 per month fee as the agreement has been cancelled in March 2026. Our current executive office is located at 420 Lexington Avenue, Suite 1402, New York, NY. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Apr 15, 2026.3
Leadership
Who has led Drugs Made In America Acquisition II Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerLynn Stockwell Sep 24, 2025 to now7
- ChairLynn Stockwell Sep 24, 2025 to now7
- Chief financial officerGlenn C. Worman Sep 24, 2025 to now8
Board members and other officers (3)
- Board memberCatherine Do Sep 24, 2025 to now9
- Board memberMyron W. Shulgan Sep 24, 2025 to now10
- Board memberSridhar G. Prasad Sep 24, 2025 to now11
Timeline
- Apr 28, 20268-K Entered a material agreement12
- Apr 3, 20268-K Entered a material agreement; New debt or obligation13
- Mar 17, 20268-K Entered a material agreement; New debt or obligation; Other events14
- Mar 6, 20268-K Executive or director change15
- Mar 6, 20268-K Other events16
- Nov 18, 20258-K Executive or director change17
- Oct 2, 20258-K Other events18
- Sep 29, 20258-K Entered a material agreement; Unregistered sale of shares; Executive or director change19
- Sep 24, 2025New chief executive Lynn Stockwell becomes CEO7
Filings
45 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 8 major events, 12 insider forms, 1 large holders, 20 other. The latest 20:
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- May 14, 202610-Q QUARTERLY REPORT EDGAR
- Apr 28, 20268-K CURRENT REPORT EDGAR
- Apr 15, 202610-K ANNUAL REPORT EDGAR
- Apr 3, 20268-K CURRENT REPORT EDGAR
- Apr 1, 2026NT 10-K NOTIFICATION OF LATE FILING EDGAR
- Mar 17, 20268-K CURRENT REPORT EDGAR
- Mar 6, 20268-K EDGAR
- Mar 6, 20268-K CURRENT REPORT EDGAR
- Nov 18, 202510-Q QUARTERLY REPORT EDGAR
- Nov 18, 20258-K CURRENT REPORT EDGAR
- Nov 17, 2025NT 10-Q NOTIFICATION OF LATE FILING EDGAR
- Oct 17, 20254 EDGAR
- Oct 2, 20258-K CURRENT REPORT EDGAR
- Oct 2, 20254 EDGAR
- Oct 2, 2025SCHEDULE 13D EDGAR
- Oct 1, 20254 EDGAR
- Oct 1, 20254 EDGAR
- Oct 1, 20254 EDGAR
- Oct 1, 20254 EDGAR
The 45 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 2 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 26, 2025 | Stockwell LynnCEO and Exe. Chair of Board | Buy | 700,000 | Form 4 | ||
| Sep 26, 2025 | Stockwell LynnCEO and Exe. Chair of Board | Sale | 7,966,667 | Form 4 | ||
| Sep 26, 2025 | Drugs Made In America Acquisition II LLC10% owner | Buy | 700,000 | Form 4 | ||
| Sep 26, 2025 | Drugs Made In America Acquisition II LLC10% owner | Sale | 7,966,667 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Drugs Made In America Acquisition II LLCSCHEDULE 13D, 1 filing Oct 2, 202520
SEC filer profile
How Drugs Made In America Acquisition II Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDrugs Made In America Acquisition II Corp.1
- CIK0002040475
- Employer ID (EIN)98-18156243
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address420 Lexington Avenue, Suite 1402, New York, NY 101701
- Phone954-870-31041
- Shares outstanding63,700,000 as of Aug 14, 20266
- Public float$0 as of Jun 30, 20254
- AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMar 19, 20251
- Filings45 in all: 8-K (8), 3 (6), 4 (6), CORRESP (4), 10-Q (3), S-1/A (3), UPLOAD (3), 10-K (1)1
All 19 form types
424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), DRSLTR (1), EFFECT (1), NT 10-K (1), NT 10-Q (1), S-1 (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Apr 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one Ordinary Share, par value $0.0001 per share, and one Right to receive one-tenth (1/10) of an Ordinary Share | DMIIU | The Nasdaq Stock Market LLC |
| Ordinary Shares | DMII | The Nasdaq Stock Market LLC |
| Rights | DMIIR | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Apr 15, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
Legal proceedings
We may be subject to legal proceedings, investigations and claims incidental to the conduct of our business from time to time. There is currently no material litigation, arbitration or governmental proceeding currently pending against us or any members of our management team in their capacity as such, and we and the members of our management team have not been subject to any such proceeding.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9SEC EDGARCatherine Do, Board member
- 10SEC EDGARMyron W. Shulgan, Board member
- 11SEC EDGARSridhar G. Prasad, Board member
- 12SEC EDGAREntered a material agreement
- 13
- 14
- 15SEC EDGARExecutive or director change
- 16SEC EDGAROther events
- 17SEC EDGARExecutive or director change
- 18SEC EDGAROther events
- 19
- 20