Here are the 10-Q quarterly reports from Metal Sky Star Acq CP UTS (MSSUF) 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 MSSUF 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 MSSUF filings page.
Metal Sky Star Acquisition Corporation filed its quarterly report for the period ended March 31, 2026, showing it remains a pre‑revenue SPAC focused on completing a business combination.
Total assets were $1.07 million, almost entirely the $1.04 million held in the trust account, while current liabilities reached $5.49 million, producing a working capital deficit of $5.47 million and an accumulated deficit of $8.34 million.
The company reported a net loss of $113,689 for the quarter, driven by formation and operating costs of $122,625, partially offset by $8,936 of interest and unrealized gains on trust investments. Only 60,523 public shares remain redeemable, highlighting extensive prior redemptions.
After failing to complete a deal within Nasdaq’s SPAC timeline, the securities were delisted and now trade on the OTC market. The company has extended its deadline to complete a business combination to January 5, 2027 and has signed non‑binding letters of intent with Okidoki OÜ and Fedilco Group Limited, though no definitive agreements are in place.
With no cash outside the trust and $4.92 million owed to its sponsor through promissory notes and payables, management discloses substantial doubt about its ability to continue as a going concern if a transaction is not completed within the allowed period.