Here are the 10-Q quarterly reports from Futurewave Acquisition Corporation (FWAC) 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 FWAC 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 FWAC filings page.
Futurewave Acquisition Corporation, a Cayman Islands blank check company, reported its first quarter as a public entity for the quarter ended June 30, 2026. Following its June 26 IPO of 8,625,000 units at $10.00 per unit and a private placement of 255,500 units at $10.00, total assets were $87.5 million, including $86.3 million of investments held in a Trust Account and $0.9 million of cash for working capital.
The company recorded a net loss of $63,161 for the quarter, driven by $81,170 of general and administrative expenses, partially offset by interest income on the Trust and bank accounts. As of June 30, 2026, there were 8,625,000 ordinary shares subject to possible redemption and 4,214,375 non-redeemable ordinary shares outstanding. Management discloses substantial doubt about the company’s ability to continue as a going concern if it cannot complete a business combination by June 26, 2027. The report also states that disclosure controls and procedures were ineffective as of quarter end.