EURK
Eureka Acquisition Corp10.90
-0.05-0.46%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
52.60MP/E (TTM)
-Basic EPS (TTM)
-0.44Dividend Yield
0%Recent Filings
10-Q
Q1 FY2026 results
Eureka Acquisition Corp posted a Q1 FY2026 net loss of $118K for the quarter ended December 31, 2025, versus $542K net income y/y, driven by G&A expenses climbing to $418K from $152K while Trust Account interest fell to $299K from $694K. Operating loss hit $418K, matching net after zero taxes. Cash dwindled to $33K amid $169K operating outflow, offset by $600K related-party financing; Trust holds $32.1M. Signed October 2025 BCA for Marine Thinking merger via SPAC continuance to Canada and amalgamation, backed by sponsor support and lock-ups. Related-party debt totals $1.05M extension notes plus $300K working capital note, convertible at $10/unit. Trust extensions funded to July 2026. Deadline pressure mounts.
8-K
SPAC extends deadline one month
Eureka Acquisition Corp extended its initial business combination deadline by one month to March 3, 2026, after sponsor Hercules Capital Management deposited $150,000 into the trust account on February 3. The company issued a non-interest-bearing promissory note for the amount, convertible into private units at $10 each upon deal close. Sponsor funded it. Deadline pressure mounts.
8-K
SPAC extends deadline one month
Eureka Acquisition Corp extended its business combination deadline by one month to February 3, 2026, after sponsor Hercules Capital Management deposited $150,000 into the trust. It also issued a $150,000 unsecured promissory note and a up-to-$300,000 working capital note to the sponsor, both non-interest bearing and convertible into private units at $10 each. Notes mature at business combination or company expiry. Sponsor waives trust claims.
10-K
FY2025 results
Eureka Acquisition Corp posted FY2025 net income of $1.37M, fueled by $2.23M interest from its Trust Account while offsetting $860K in administrative costs—up sharply from $256K net income in FY2024 on $610K interest. No revenue yet; cash outside trust dwindled to $51K amid $625K working capital deficit. Extensions secured via $900K deposits (six months paid), backed by $1.05M sponsor notes convertible at $10/unit. No quarterly breakdowns disclosed. Signed October 29, 2025, deal to merge with Marine Thinking Inc., pending approvals. Sponsor controls 33.9%. Deadline looms: liquidate if no close by July 2026. Failure to find a target kills the clock.
8-K
SPAC deadline extended one month
Eureka Acquisition Corp extended its initial business combination deadline by one month to January 3, 2026, after sponsor Hercules Capital Management deposited $150,000 into the trust account on December 2, 2025. The company issued a non-interest-bearing promissory note for the amount, convertible into private units at $10.00 each upon deal close. Sponsor funded it. Extension buys time amid hunt.
AEAE
AltEnergy Acquisition Corp.
12.01+0.00
BAYA
Bayview Acquisition Corp
11.63-0.01
EGHA
EGH Acquisition Corp.
10.14+0.00
EQV
EQV Ventures Acquisition Corp.
10.46+0.00
ESHA
ESH Acquisition Corp.
11.63-0.16
EVAC
EQV Ventures Acquisition Corp.
10.01+0.01
QETA
Quetta Acquisition Corporation
11.20-0.05
SPKL
Spark I Acquisition Corp.
11.23+0.08
UYSC
UY Scuti Acquisition Corp.
10.22+0.00
YHNA
YHN Acquisition I Limited
10.65+0.00