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Black Hawk Acquisition Corporation Stock Price, News & Analysis

BKHAU NASDAQ

Company Description

Black Hawk Acquisition Corporation (BKHAU) is a blank-check company formed to pursue an initial business combination with one or more businesses. The company may complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar transaction, and its search for a target business is not limited to a specific industry or geographic region.

Black Hawk is structured as a SPAC issuer rather than an operating company with commercial products or services. Its public-company profile centers on the mechanics typical of a special purpose acquisition company, including securities issued in its initial public offering, a trust account, shareholder redemption rights, extension proposals, sponsor financing, and the deadline to complete an initial business combination.

The company is a Cayman Islands exempted company with principal executive offices in Danville, California. Its securities referenced in public disclosures include units trading under BKHAU, ordinary shares under BKHA, and rights under BKHAR on Nasdaq. The rights are described in filings as securities entitling holders to receive ordinary shares.

Black Hawk's public disclosures focus on capital structure, trust-account arrangements, shareholder voting matters, governance, listing compliance, and material agreements. Sponsor-related financing has been used for working-capital purposes, and the sponsor has been identified as Black Hawk Management LLC. As a pre-combination SPAC, the company's recurring corporate activity is tied to preserving its ability to complete a business combination while maintaining required public-company and exchange-listing disclosures.

Stock Performance

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Last updated:
+10.8%
Performance 1 year

Black Hawk Acquisition Corporation (BKHAU) stock last traded at $11.90. Over the past 12 months, the stock has gained 10.8%.

BKHAU Rankings

SEC Filings

Black Hawk Acquisition Corporation has filed 10 recent SEC filings, including 4 Form 8-K, 2 Form S-4/A, 2 Form 10-K/A, 2 Form NT 10-Q. The most recent filing was submitted on May 8, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all BKHAU SEC filings →

Financial Highlights

operating income reached -$916K, and net income was $1.3M. The company generated -$650K in operating cash flow. With a current ratio of 0.03, short-term liquidity bears monitoring.

$1.3M
Net Income (TTM)
-$650K
Operating Cash Flow
Revenue (TTM)

Upcoming Events

JAN
01
January 1, 2027 - December 31, 2027 Regulatory

IND submission target

Company aims to submit an IND in 2027 following IND-enabling studies; no date/details yet.

Black Hawk Acquisition Corporation has 1 upcoming scheduled event. The next event, "IND submission target", is scheduled for January 1, 2027 (in 218 days). Investors can track these dates to stay informed about potential catalysts that may affect the BKHAU stock price.

Short Interest History

Last 12 Months

Short interest in Black Hawk Acquisition Corporation (BKHAU) currently stands at 1.5 thousand shares, up 161.3% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has increased by 2388.5%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Black Hawk Acquisition Corporation (BKHAU) currently stands at 1.0 days, down 17.4% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 80.3% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 5.1 days.

BKHAU Company Profile & Sector Positioning

Black Hawk Acquisition Corporation (BKHAU) operates in the Shell Companies industry within the broader Biological Products, (no Diagnostic Substances) sector and is listed on the NASDAQ.

Investors comparing BKHAU often look at related companies in the same sector, including Inflection Point Acquisition Corp IV (BACQU), Bold Eagle Acquisition Corp (BEAGU), Charlton Aria Acquisition Corp (CHARU), FG Merger II Corp. (FGMCU), and Future Vision II Acquisition Corp (FVNNU). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate BKHAU's relative position within its industry.

Frequently Asked Questions

What is the current stock price of Black Hawk Acquisition Corporation (BKHAU)?

The current stock price of Black Hawk Acquisition Corporation (BKHAU) is $11.9 as of May 14, 2026.

What is the net income of Black Hawk Acquisition Corporation (BKHAU)?

The trailing twelve months (TTM) net income of Black Hawk Acquisition Corporation (BKHAU) is $1.3M.

What is the operating cash flow of Black Hawk Acquisition Corporation (BKHAU)?

The operating cash flow of Black Hawk Acquisition Corporation (BKHAU) is -$650K. Learn about cash flow.

What is the current ratio of Black Hawk Acquisition Corporation (BKHAU)?

The current ratio of Black Hawk Acquisition Corporation (BKHAU) is 0.03, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the operating income of Black Hawk Acquisition Corporation (BKHAU)?

The operating income of Black Hawk Acquisition Corporation (BKHAU) is -$916K. Learn about operating income.

What does Black Hawk Acquisition Corporation do?

Black Hawk Acquisition Corporation is a blank-check company formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Is BKHAU an operating company?

BKHAU represents a SPAC issuer rather than a company with commercial operating products or services. Its activities center on identifying and completing an initial business combination.

What securities are associated with Black Hawk Acquisition Corporation?

Public disclosures reference Black Hawk units under BKHAU, ordinary shares under BKHA, and rights under BKHAR on Nasdaq. The rights are described as entitling holders to receive ordinary shares.

Where is Black Hawk Acquisition Corporation based?

Black Hawk Acquisition Corporation is a Cayman Islands exempted company with principal executive offices in Danville, California.

What role does the trust account play for Black Hawk?

The trust account is part of the SPAC structure established in connection with the company's initial public offering. Company disclosures address trust-account deposits, extension mechanics, and redemption-related matters.

Who is Black Hawk's sponsor?

Black Hawk Management LLC is identified in company filings as the sponsor. Sponsor-related financing has been disclosed for working-capital expenses.