Every 10-Q that Cal Redwood Acquisition Corp. (CRAQ) 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 CRAQ 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 CRAQ filings page.
Cal Redwood Acquisition Corp. (CRAQ), a Cayman Islands SPAC, reported net income of $1.73 million for the quarter ended June 30, 2026 and $3.64 million for the six-month period, driven almost entirely by $4.14 million of interest earnings on U.S. Treasury and money market investments in its trust account.
Total assets were $240.7 million, including $239.8 million held in the trust account and $821,425 of cash outside the trust. The SPAC has 23,000,000 Class A public shares classified as redeemable at $10.43 per share and a shareholders’ deficit of $8.64 million, reflecting accretion to redemption value and deferred underwriting fees of $9.2 million. Management reports a working capital surplus of $558,324 but states that failure to complete a business combination by May 27, 2027 would require liquidation, which raises substantial doubt about the company’s ability to continue as a going concern.
Cal Redwood Acquisition Corp. reported net income of $1,917,622 for the quarter ended March 31, 2026, largely from interest on its IPO trust assets. General and administrative costs were $132,112 as the SPAC continues to search for a target.
Cash and investments in the trust account totaled $237,675,190, or about $10.33 per redeemable Class A share, while cash outside the trust account was $962,299 with a working capital surplus of $919,745. The company has until May 27, 2027 to complete an initial business combination, after which public shares would be redeemed from the trust.
Cal Redwood Acquisition Corp. reported its first full quarter as a public SPAC, posting net income of $2,339,454 for the quarter ended September 30, 2025, driven primarily by $2,456,512 of earnings on U.S. Treasury investments in its trust account.
The company closed its IPO on May 27, 2025, selling 23,000,000 units for $230,000,000, alongside 660,000 private placement units for $6,600,000. As of September 30, funds in the Trust Account totaled $233,324,664, reflecting accrued interest. Public Class A shares are redeemable at $10.14 per share, and the business combination must occur within the completion window ending May 27, 2027.
Outside the trust, Cal Redwood held $1,154,388 in cash and reported a working capital surplus of $1,144,846. Deferred underwriting fees stand at $9,200,000, payable only upon completion of an initial business combination. As of November 13, 2025, 23,660,000 Class A and 7,665,900 Class B ordinary shares were issued and outstanding.