Here are the 10-Q quarterly reports from Agriculture & Natural Solutions Acquisition Corporation Unit (ANSCU) 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 ANSCU 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 ANSCU filings page.
Agriculture & Natural Solutions Acquisition Corporation, a Cayman Islands SPAC, reported total assets of $376.8 million as of June 30, 2026, almost entirely cash in its Trust Account of $376.7 million supporting 32,922,237 Class A ordinary shares subject to redemption. The company generated net income of $3.0 million for the quarter and $5.8 million for the first half of 2026, driven by $6.8 million of interest on Trust assets, partially offset by $1.0 million of general and administrative expenses.
The balance sheet shows a working capital deficit of $22.1 million, including $6.8 million of related-party promissory notes and $12.1 million of deferred underwriting fees. After terminating its prior business combination agreement and extending its deadline once, the sponsor has stopped extension payments. The board has determined to wind up the company, redeem all public shares for an estimated $11.47 per share around August 19, 2026, cease trading after August 12, 2026, and liquidate. Warrants will receive no distribution and will expire worthless. Management discloses substantial doubt about the company’s ability to continue as a going concern.
Agriculture & Natural Solutions Acquisition Corporation reports quarterly results that reflect its status as a SPAC still searching for a deal. For the three months ended March 31, 2026, it generated net income of $2,755,291, mainly from $3,369,982 of interest on cash held in its Trust Account.
The Trust Account held $371,313,599 as of March 31, 2026, backing 32,922,237 Class A shares that are redeemable by public shareholders. Operating costs and deal-related expenses produced general and administrative expenses of $614,691, and the company had a working capital deficit of $19,704,688, largely funded by related-party notes.
The SPAC obtained additional time to complete an initial business combination via an extension approved in November 2025, supported by an Extension Promissory Note with $3,292,224 outstanding at March 31, 2026. Management highlights that the mandatory liquidation deadline and limited cash outside the Trust Account create substantial doubt about its ability to continue as a going concern if no business combination is completed by the Extended Termination Date.