Here are the 10-Q quarterly reports from Fifth Era Acquisition Corp I Rights (FERAR) 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 FERAR 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 FERAR filings page.
Fifth Era Acquisition Corp I, a Cayman Islands SPAC, reported total assets of $242.4 million as of June 30 2026, including $242.1 million in a Trust Account supporting its 23,000,000 redeemable Class A shares at $10.52 per share. For the three and six months ended June 30 2026 it generated net income of $1.32 million and $2.61 million, driven by $4.22 million of interest on Trust investments, while incurring general and administrative expenses of $1.61 million for the six‑month period.
The company had cash outside the Trust of $157,686 and a working capital deficit of $3.99 million, and Management disclosed substantial doubt about its ability to continue as a going concern absent a business combination or additional financing before March 3 2027. It has agreed a Miotal Business Combination under which its Class A and Class B shares will convert into Holdco ordinary shares and Miotal shareholders will receive Holdco shares valuing Miotal equity at $10 billion. Miotal estimates its strategic metals stockpile at approximately $35 billion based on prevailing market prices.
Fifth Era Acquisition Corp I, a SPAC, reported net income of $1.29 million for the quarter ended March 31, 2026, driven by $2.09 million of interest on its $239.95 million Trust Account, partially offset by $0.80 million of general and administrative expenses.
Cash outside the Trust Account was $370,084 with a working capital deficit of $3.18 million, and management disclosed substantial doubt about its ability to continue as a going concern if it cannot complete a business combination by March 3, 2027.
The company entered into a Miotal Business Combination Agreement, under which its Class A and B shares will convert into Holdco shares and Miotal shareholders will receive Holdco shares valued at $10 billion. Miotal estimates its high-purity strategic metals stockpile at about $35 billion based on prevailing prices. Closing is expected in the second half of 2026, subject to shareholder, regulatory and other customary approvals.