Here are the 10-Q quarterly reports from New America Acquisition I Corp. (NWAX) 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 NWAX 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 NWAX filings page.
New America Acquisition I Corp., a Florida-based blank check company, reported unaudited results for the quarter ended June 30, 2026. Total assets were $353.1 million, including $351.9 million of cash held in a Trust Account funded by its December 2025 IPO.
For the six months ended June 30, 2026, the company recorded net income of $3.9 million, driven by $6.0 million of interest income on Trust Account funds, partially offset by $0.6 million of formation and operating costs and $1.5 million of income tax expense. Cash outside the Trust Account was $659,719, available for ongoing SPAC operating costs and target search.
The company has not yet identified or completed a business combination and has 34,500,000 Class A shares classified as redeemable at approximately $10.15 per share. Management states there is substantial doubt about the ability to continue as a going concern beyond the business combination deadline of June 5, 2027, absent an extension or completed transaction.
New America Acquisition I Corp., a Florida-based blank check company, reported net income of $2,059,655 for the quarter ended March 31, 2026, mainly from interest on its IPO trust funds. Interest income on cash held in the trust account was $3,002,063, while formation and operating costs were $311,975 and income tax expense was $630,433.
Total assets were $350,360,414, including $348,919,571 of cash in the trust account and $855,526 of cash held outside the trust for working capital. The company has 34,500,000 Class A shares subject to redemption and 12,500,000 Class B founder shares outstanding as it continues to search for a business combination within its specified timeframe.