Black Hawk Acquisition Stock Price, News & Analysis
Company Description
Black Hawk Acquisition Corporation (BKHA) is identified in regulatory filings as a Cayman Islands entity whose securities trade on The Nasdaq Stock Market LLC. According to its registration details, the company has ordinary shares with a par value of $0.0001 per share, rights entitling the holder to receive one ordinary share, and units that consist of one ordinary share and one-fifth of one right. Public information and prior descriptions characterize Black Hawk Acquisition Corp as a blank check company.
In a Form 8-K, Black Hawk Acquisition Corporation reports that its securities are listed on Nasdaq under three symbols: units under BKHAU, ordinary shares under BKHA, and rights under BKHAR. The filing also notes that the company is an emerging growth company, as defined under applicable U.S. securities regulations. The company’s principal executive offices are located in Danville, California, while its jurisdiction of incorporation is the Cayman Islands.
Blank check companies are often formed for the purpose of pursuing a business combination, and Black Hawk Acquisition Corporation’s Form 8-K describes an extension of the period of time it has to consummate its initial business combination. Specifically, the filing states that an aggregate extension payment was deposited into the company’s trust account for its public shareholders to extend the deadline for completing an initial business combination by one month. This reflects the company’s use of extension mechanisms available under its governing documents and transaction structure.
In a separate Form 12b-25 (Notification of Late Filing), Black Hawk Acquisition Corporation explains that it was unable to compile the financial information required to complete a quarterly report on Form 10-Q for the period ended August 31, 2025, within the prescribed time period without unreasonable effort or expense. The company indicates that it expects to file the report within the extension period allowed by the applicable SEC rule. The filing also notes that all other required periodic reports during the preceding 12 months had been filed and that the company did not anticipate a significant change in results of operations compared with the corresponding period of the prior fiscal year.
These regulatory filings provide insight into the company’s status as an SEC registrant, its exchange listings, and its use of trust account arrangements and extension payments in connection with its initial business combination timeline. They also show how Black Hawk Acquisition Corporation manages its reporting obligations under the Securities Exchange Act of 1934, including the use of Form 12b-25 when additional time is needed to complete a periodic report.
Stock Performance
Black Hawk Acquisition (BKHA) stock last traded at $11.59. Over the past 12 months, the stock has gained 10.1%. At a market capitalization of $48.1M, BKHA is classified as a micro-cap stock with approximately 4.2M shares outstanding.
Latest News
SEC Filings
Black Hawk Acquisition has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 10-K, 1 Form S-4/A, 1 Form NT 10-K. The most recent filing was submitted on April 1, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all BKHA SEC filings →
Financial Highlights
operating income reached -$916K, and net income was $1.3M. The company generated -$650K in operating cash flow.
Upcoming Events
Short Interest History
Short interest in Black Hawk Acquisition (BKHA) currently stands at 206 shares, up 38.3% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 87.4%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Black Hawk Acquisition (BKHA) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 32.4% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 6.1 days.
BKHA Company Profile & Sector Positioning
Black Hawk Acquisition (BKHA) operates in the Shell Companies industry within the broader Biological Products, (no Diagnostic Substances) sector and is listed on the NASDAQ.