Every 10-Q that EGH Acquisition Corp. Unit (EGHAU) 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 EGHAU 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 EGHAU filings page.
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.
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.
EGH Acquisition Corp. is a blank-check company that completed an IPO of 15,000,000 units at $10.00 per unit and a simultaneous private placement of 500,000 units for $5,000,000, generating gross proceeds of $150,000,000 and $5,000,000 respectively. Proceeds placed in a Trust Account are invested in money-market funds and U.S. government securities, with marketable securities held in the Trust Account of $150,834,274, implying a Trust value of $10.06 per public share and Class A shares subject to redemption recorded as temporary equity of $150,834,274. The company also recorded a deferred underwriting fee of $6,000,000 payable upon a Business Combination.
The Company had cash outside the Trust of $1,111,375 and working capital of $1,148,176. Net income was recorded ($808,306 for the quarter; $758,164 for the inception-to-period) driven primarily by interest income on Trust assets of $834,274 and a $159,084 gain on expiration of the Over-Allotment Option, partially offset by general and administrative costs of $185,052 (quarter) and an accumulated deficit of $4,778,257. No operating revenues have been generated to date.
EGH Acquisition Corp. (Nasdaq: EGHAU) is a newly formed Cayman Islands blank-check company that filed its first Form 10-Q covering the period from inception (January 9, 2025) to March 31, 2025. Operating activity was limited to formation and IPO preparation, so the company recorded no revenue and a net loss of $50,142, entirely attributable to general and administrative expenses.
Balance sheet (3/31/25): total assets were $101,075, consisting solely of deferred offering costs. Current liabilities of $126,217 (accounts payable $6,748, accrued offering costs $49,700, related-party promissory note $69,769) resulted in a shareholders’ deficit of $25,142. There was no cash on hand.
Subsequent events materially altered this position. On May 12, 2025 the SPAC completed its $150 million IPO by selling 15 million units at $10 each and a concurrent $5 million private placement (500 k units) to the sponsor and underwriters (Cohen & Company Capital Markets and Seaport Global). After $9.57 million in transaction costs, $150 million was placed in a U.S.-treasury-backed trust account. The underwriters hold a 45-day option to purchase up to 2.25 million additional units; the full option was still open at the report date.
Capital structure: • 5.75 million Class B founder shares were issued to the sponsor for $25,000 (≈$0.004/sh); 750 k are subject to forfeiture if the over-allotment is not exercised. • Each IPO unit contains one Class A ordinary share and one right to receive one-tenth of a Class A share upon consummation of a business combination (10 rights = 1 share). • The sponsor may convert up to $1.5 million of future working-capital loans into private-placement units at $10 per unit.
Timeline & liquidity: The trust must be deployed within 24 months (Completion Window) or the public shares will be redeemed at ~$10 plus trust interest. As of the filing, the sponsor had repaid the $69,769 promissory note (June 20, 2025) and the company had executed a $25 k per-month administrative services agreement effective May 8, 2025. Management believes existing resources are sufficient for at least one year, but future due-diligence or deal costs may require additional related-party loans.
Key investor considerations: • Standard SPAC risk profile: pre-revenue, shareholder dilution through founder shares and rights, two-year deal deadline. • $150 million in trust provides substantial acquisition currency, but success depends on identifying and closing a target worth ≥80% of net trust assets. • Deferred underwriting fee of up to $6.9 million payable only at business-combination close aligns underwriter incentives with deal completion.