Globis Acquisition Corp. II is a SPAC — a shell company with no operations, revenues, or products, formed solely to identify and merge with a private business to take it public. Globis raised ~$102M in its January 2026 IPO, which it holds in trust invested in U.S. government money market instruments. Globis has up to 24 months from the IPO close to complete an acquisition; if it fails, it must return trust funds to shareholders and liquidate. The sponsor is controlled by Paul Packer, who previously ran the predecessor SPAC, Globis Acquisition Corp., which completed a deal in 2022 with Forafric Global, an agricultural commodities business. Packer also runs Globis Capital Advisors, a Florida-based investment advisory firm. The sponsor's economics are driven by "founder shares" acquired at nominal cost, which become valuable if a deal closes and the stock performs well, but are worthless if no deal is completed. Public shareholders invest at $10.00 per share, sit in trust earning interest, and can redeem at approximately $10.00 per share at deal vote or liquidation. Each public unit also included one-quarter of a warrant exercisable at $11.50 per share. Globis has not identified a target and has not restricted its search to any particular industry, sector, or geography.