Here are the 10-Q quarterly reports from Helix Acquisition Corp. III (HLXC) 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 HLXC 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 HLXC filings page.
Helix Acquisition Corp. III is a Cayman Islands blank check company formed to complete a Business Combination within 24 months of its January 26, 2026 initial public offering. It has not begun operating a business and currently generates only interest income on invested IPO proceeds.
The company sold 17,250,000 Class A shares at $10.00 for gross proceeds of $172.5 million, plus 497,500 private placement shares for $4.98 million. As of June 30, 2026, $175.1 million (including $2.55 million of interest) was held in a Trust Account, and cash outside the trust was $2.18 million, supporting working capital of $2.17 million.
For the quarter, Helix reported net income of $1.33 million, driven by $1.49 million of interest income and $0.15 million of general and administrative expenses. For the six months, net income was $2.18 million on $2.55 million of trust interest and $0.38 million of expenses. Management believes existing liquidity is sufficient for at least one year, and disclosure controls were deemed effective. If no Business Combination is completed within the completion window, the company will redeem 100% of its public shares from the trust.
Helix Acquisition Corp. III, a Cayman Islands-based special purpose acquisition company, reports its first quarterly results after its January 26, 2026 initial public offering. The company raised $172,500,000 from 17,250,000 Class A public shares and $4,975,000 from 497,500 private placement shares, placing $172,500,000 into a U.S. Trust Account.
As of March 31, 2026, investments in the Trust Account totaled $173,568,126, including $1,068,126 of interest income. Helix reported net income of $840,973 for the quarter, driven by interest on Trust investments, partially offset by $227,153 in general and administrative expenses.
The company held cash of $2,367,866 outside the Trust Account and working capital of $2,292,522, which management believes is sufficient for at least one year of operations while it searches for a suitable business combination within the 24‑month completion window.