Every 10-Q that Globa Terra Acquisition Corporation Units (GTERU) 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 GTERU 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 GTERU filings page.
Globa Terra Acquisition Corporation is a Cayman Islands Special Purpose Acquisition Corporation formed to complete a business combination. For the quarter ended June 30, 2026 it reported net income of $1,353,655, and $2,694,461 for the six-month period, driven entirely by $3,107,657 of interest income on cash held in a trust account, partially offset by $413,196 of formation and operating expenses.
Total assets were $181,872,782, including $181,488,610 held in the trust account and $267,658 of cash outside the trust. A total of 17,499,550 Class A shares are subject to redemption at $10.37 per share. Management states there is substantial doubt about the ability to continue as a going concern because the company must complete a business combination by October 9, 2026 or liquidate.
Globa Terra Acquisition Corporation, a Cayman Islands-based special purpose acquisition company, reported net income of $1,340,806 for the quarter ended March 31, 2026. This came almost entirely from $1,548,087 of interest on funds invested in its trust account, partially offset by $207,281 of formation and operating expenses.
Total assets were $180,466,114, including $179,929,040 held in the trust account and $371,555 of cash outside the trust. The structure leads to a shareholders’ deficit because 17,499,550 Class A shares are classified as redeemable at about $10.28 per share. The company has not yet completed a business combination and discloses substantial doubt about its ability to continue as a going concern if it cannot close a deal by October 9, 2026 or obtain an extension.
Globa Terra Acquisition Corporation is a blank-check company formed to complete a business combination and, as of the reporting period, had not commenced operations or generated revenues. The company reported $0 in its operating bank account and a working capital deficit of $(1,599,473), with deferred offering costs of $1,624,473.
Subsequent to the period, the Company completed its Initial Public Offering, selling 17,499,550 units (including full over-allotment) and privately placing securities, producing aggregate gross proceeds of $174,995,500 placed in a Trust Account to be invested in U.S. government securities. Transaction costs totaled $3,020,921 (including a $750,000 underwriting fee). The Sponsor provided related-party advances of $296,509 through the period and agreed to potential working capital loans; Founder Shares were issued and later partially surrendered, leaving 5,833,183 Class B shares outstanding. Management states post-IPO liquidity is sufficient to pursue a business combination within the prescribed combination period.