Here are the 10-Q quarterly reports from Armada Acquisition Corp. III (AACI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AACI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AACI filings page.
Armada Acquisition Corp. III, a Cayman Islands SPAC, reported its first operating period as a public company for the quarter and six months ended June 30, 2026. The company completed its IPO on February 19, 2026, selling 24,850,000 units at $10.00 each and a concurrent sale of 672,000 private placement units, raising gross proceeds of $255.2 million.
After transaction costs of $15.55 million, $248,500,000 was placed in a Trust Account, which grew to $251,572,228 including $3,072,228 of interest income as of June 30, 2026. For the three and six months ended June 30, 2026, net income was $1,967,466 and $2,390,876, driven entirely by trust interest offset by general and administrative costs and share-based compensation.
The company had $708,174 of cash outside the Trust Account and working capital of $540,753, with 24,850,000 Class A public shares classified as redeemable at $10.12 per share. Management states it has sufficient liquidity for at least one year and continues to seek a Business Combination within the 18‑month completion window following the IPO. Internal controls over financial reporting were evaluated as effective, and no legal proceedings or off‑balance sheet arrangements were disclosed.
Armada Acquisition Corp. III reported its first quarter as a public SPAC for the period ended March 31, 2026. The company generated net income of $423,410, driven mainly by interest income of $796,894 on cash and U.S. Treasury securities held in its Trust Account.
General and administrative costs were $290,949 and share-based compensation was $82,535. As of March 31, 2026, Armada held $249,296,894 in its Trust Account and $903,352 in cash outside the Trust Account, with working capital of $703,605, to fund the search for a Business Combination within its 18‑month completion window.