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Averin Capital Acquisition Units (ACAAU) 10-Q Filings

ACAAU NASDAQ

Here are the 10-Q quarterly reports from Averin Capital Acquisition Corp. Units (ACAAU) 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 ACAAU 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 ACAAU filings page.

Rhea-AI Summary

Averin Capital Acquisition Corp., a Cayman Islands blank check company, reported net income of $3,188,056 for the six months ended June 30, 2026, driven almost entirely by $3,507,090 of interest on funds invested in its SPAC trust account, with minimal operating activity.

The company has $287,367,170 in a regulated Trust Account, largely representing 28,386,008 Class A Ordinary Shares subject to possible redemption at $10.12 per share. Outside the Trust, cash available for expenses was only $339,276 and working capital was $338,659 as of June 30, 2026.

Management states there is substantial doubt about the company’s ability to continue as a going concern, given limited liquidity and ongoing acquisition-related costs. The SPAC must complete a Business Combination by February 20, 2028 (or May 20, 2028 if a definitive agreement is in place by February 20, 2028) or redeem all public shares and liquidate.

Rhea-AI Summary

Averin Capital Acquisition Corp., a SPAC focused on technology and health, reported net income of $832,500 for the three months ended March 31, 2026, mainly from $987,118 of interest on funds in its trust account. Total assets were $285.5M, including $284.8M of investments in the Trust Account backing 28,386,008 Class A shares subject to redemption at about $10.03 per share. The SPAC raised $283.9M through its IPO, over-allotment and private placement, and has a deferred underwriting fee of $15.6M payable upon completing a business combination. Management discloses substantial doubt about the company’s ability to continue as a going concern due to limited working capital and the requirement to complete a business combination by February 20, 2028 (or May 20, 2028 with a signed deal) or liquidate.