Muzero Acquisition Corp, a Cayman Islands SPAC, reports its first post-IPO quarter for the period ended June 30, 2026. Total assets were $205.2 million, driven by $204.2 million of investments held in a Trust Account funded by its February 2, 2026 IPO.
The company sold 20,125,000 public units at $10.00 each, plus 486,875 private placement units, and recorded IPO-related transaction costs of $10.65 million. Class A public shares are redeemable at $10.15 per share as of June 30, 2026, with $204.2 million classified as temporary equity. Shareholders’ deficit was $6.1 million, reflecting accretion to redemption value.
For the three and six months ended June 30, 2026, Muzero reported net income of $1.66 million and $2.58 million, respectively, almost entirely from interest on Trust investments, against general and administrative expenses of $147,265 and $352,495. Cash outside the Trust was $839,267, with working capital of $837,692, and management believes this is sufficient for at least one year while it seeks a Business Combination before the February 2, 2028 deadline.
Muzero Acquisition Corp Schedule 13G shows Aristeia Capital, L.L.C. reports beneficial ownership of 1,562,429 Units, representing 7.58% of the class. The percentage is based on 20,611,875 shares outstanding as of March 27, 2026, per the issuer's Form 10-K. The filing is signed 05/14/2026.
Muzero Acquisition Corp reports a disclosed 7.64% stake held by Adage-related reporting persons. The statement shows 1,575,000 Class A Ordinary Shares beneficially owned by Adage Capital Management, L.P., Robert Atchinson and Phillip Gross, calculated on 20,611,875 shares outstanding as of March 27, 2026.
The filings identify shared voting and dispositive power of 1,575,000 shares and list the reporting persons' business address. The submission is a Schedule 13G disclosure filed on March 31, 2026 with signatures dated May 13, 2026.
Muzero Acquisition Corp, a Cayman Islands-based SPAC, reported its first quarter as a public company after completing its IPO on February 2, 2026. The company raised $201,250,000 from selling 20,125,000 public units and a further $4,868,750 from 486,875 private placement units. As of March 31, 2026, $202,374,142 (including accrued interest) was held in a U.S. trust account invested primarily in Treasury-focused money market funds, supporting future business combination efforts.
For the three months ended March 31, 2026, Muzero generated net income of $921,491, driven mainly by $1,124,142 of interest income on trust investments, offset by $205,230 of general and administrative expenses. Cash outside the trust was $934,577, with working capital of $952,267, to fund ongoing deal search and corporate costs.
The SPAC has until February 2, 2028, subject to permitted extensions and shareholder approvals, to complete an initial business combination. As of March 31, 2026, Muzero had not selected a target or entered into any business combination agreement, and it remains an early-stage, emerging growth company focused on technology‑enabled businesses.