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EGH Acquisition Rights (EGHAR) 10-Q Filings

EGHAR NASDAQ

Here are the 10-Q quarterly reports from EGH Acquisition Corp. Rights (EGHAR) 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 EGHAR 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 EGHAR filings page.

Rhea-AI Summary

EGH Acquisition Corp., a Cayman Islands SPAC, reported June 30, 2026 results with $156.6M held in its Trust Account, invested in money market funds, and $203K of cash outside the Trust. The structure supports its planned merger but leaves limited operating liquidity, reflected in a $796.5K working capital deficit and shareholders’ deficit.

For the three and six months ended June 30, 2026, the company recorded net income of $87.4K and $1.11M, driven entirely by $1.36M and $2.71M of interest on Trust investments, partially offset by rising general and administrative expenses of $1.28M and $1.60M. There is still no operating business; activity centers on maintaining the SPAC and pursuing a merger.

The company entered into a Business Combination Agreement with Hecate Energy Group on January 21, 2026. It disclosed ongoing litigation involving parties to that transaction and noted that completion of a PCAOB audit of Hecate and the dispute’s resolution are conditions that may delay or prevent closing, which is not expected before Q4 2026. Management highlighted substantial doubt about its ability to continue as a going concern if no Business Combination is completed by May 12, 2027, when mandatory liquidation and redemption of public shares would occur.

Rhea-AI Summary

EGH Acquisition Corp. reported unaudited results for the quarter ended March 31, 2026, reflecting its status as a SPAC still seeking to close a business combination. Total assets were $155.8 million, largely driven by $155.2 million of marketable securities held in the trust account, while cash outside the trust was $463,928.

The company generated net income of $1.0 million, mainly from $1.35 million of interest earned on trust investments, offset by $324,045 of general and administrative expenses. As of March 31, 2026, 15,000,000 Class A ordinary shares were subject to possible redemption at $10.35 per share, and 5,000,000 Class B founder shares remained outstanding.

EGH entered into a Business Combination Agreement with Hecate Energy Group, LLC and an affiliated parent on January 21, 2026, aiming to complete its initial business combination by May 12, 2027. Management discloses substantial doubt about the company’s ability to continue as a going concern if it cannot close a transaction within this combination period, given limited working capital and the obligation to liquidate the trust if no deal is completed.