Here are the 10-Q quarterly reports from Daedalus Special Acquisition Corp. Warrant (DSACW) 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 DSACW 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 DSACW filings page.
Daedalus Special Acquisition Corp. is an early-stage SPAC that has not yet completed a business combination. As of March 31, 2026, it held total assets of $253.7 million, including $252.8 million of cash and marketable securities in its trust account and $774,387 of cash outside the trust.
For the quarter, the company reported net income of $2.0 million, driven mainly by $2.2 million of interest income on trust investments and a $77,000 gain from the expiration of its over-allotment option, partially offset by $272,681 of formation, general and administrative expenses.
The trust holds 25,000,000 Class A ordinary shares subject to possible redemption at approximately $10.11 per share, recorded as temporary equity totaling $252.8 million. The SPAC has working capital of $766,772 and 6,421,250 warrants outstanding. Management discloses that current cash resources are insufficient to sustain operations for one year, stating this raises substantial doubt about the company’s ability to continue as a going concern absent a successful business combination or additional financing.