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Charlton Aria Acquisition Corporation 10-Q Filings

CHAR NASDAQ

Every 10-Q that Charlton Aria Acquisition Corporation (CHAR) has filed with the SEC in the last 24 months is listed below, 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 CHAR 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 CHAR filings page.

Rhea-AI Summary

Charlton Aria Acquisition Corporation, a Cayman Islands SPAC, reported June 30, 2026 assets of $91,941,503, including $91,885,042 of cash and investments in its trust account and $56,461 of current operating assets.

For the three and six months ended June 30, 2026, it recorded net income of $567,766 and $1,267,638, driven mainly by interest and dividends on the trust account of $804,029 and $1,590,509, partly offset by formation and operating costs of $236,263 and $322,872.

The company held only $7,194 of cash outside the trust and had a working capital deficit of $1,358,088, supported by $1,235,558 of non‑interest‑bearing Working Capital Loans from its sponsor, including $850,000 deposited for an initial extension. A further $850,000 was deposited on August 3, 2026, moving the current business combination deadline to October 25, 2026. Management states that the limited liquidity, reliance on sponsor financing, and risk of not completing a business combination by this Combination Deadline raise substantial doubt about the company’s ability to continue as a going concern.

Rhea-AI Summary

Charlton Aria Acquisition Corporation, a blank check SPAC, reported net income of $699,872 for the quarter ended March 31, 2026, driven by $786,480 of interest and dividends on the $90,231,013 held in its trust account. Operating costs were modest at $86,609, and the trust balance supports the redemption value of 8,500,000 Class A shares.

Outside the trust, liquidity is tight, with cash of $4,597 and a working capital deficit of $271,825, partially funded by $142,881 of sponsor working capital loans. Management discloses substantial doubt about the company’s ability to continue as a going concern, noting it must complete a business combination by July 25, 2026 (after an $850,000 sponsor deposit to extend the deadline) or liquidate.

The SPAC changed leadership, with former CEO and CFO resignations and the appointment of Jung Min Lee as CEO and acting CFO. Disclosure controls and procedures were concluded to be not effective, and there is a $1,700,000 deferred underwriting fee contingent on completing a business combination.

Rhea-AI Summary

Charlton Aria Acquisition Corporation reported Q3 results typical of a SPAC focused on finding a merger partner. The company held $88.59 million in its trust account as of September 30, 2025, backing 8,500,000 redeemable Class A shares at $10.42 per share. Cash outside the trust was $10,775, leaving working capital of $3,618.

Results were driven by investment earnings on trust assets, not operations. For the quarter, net income was $806,989, primarily from $915,972 of interest and dividends earned on the trust. For the nine months, net income totaled $2,316,270 on $2,719,802 of trust income.

Management disclosed substantial doubt about the company’s ability to continue as a going concern given limited cash outside the trust and the timeline to complete a business combination by April 25, 2026 (with two optional three‑month extensions requiring deposits of $850,000 each). A deferred underwriting fee of $1.7 million remains payable at closing of a business combination. As of November 11, 2025, shares outstanding were 8,840,000 Class A and 2,125,000 Class B.