Every 10-Q that Perimeter Acquisition Corp. I Unit (PMTRU) 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 PMTRU 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 PMTRU filings page.
Perimeter Acquisition Corp. I, a Cayman Islands SPAC, reported net income of $1.94 million for the quarter and $3.43 million for the six months ended June 30, 2026, driven almost entirely by $4.32 million of interest on funds held in its trust account. The company has not commenced operations and has no operating revenues; activity relates to its 2025 IPO and search for a business combination.
Total assets were $252.6 million, including $252.07 million of cash held in the trust account and $0.40 million of operating cash. Class A ordinary shares subject to possible redemption totaled 24,150,000 at a redemption value of $10.44 per share. As of August 13, 2026, there were 24,788,000 Class A and 6,037,500 Class B ordinary shares outstanding.
The company had a working capital deficit of $363,339 and $483,000 outstanding under a non‑interest‑bearing working capital note. It must complete a business combination by May 14, 2027 or liquidate, and management states that these liquidity constraints and the mandatory liquidation timeline raise substantial doubt about its ability to continue as a going concern.
Perimeter Acquisition Corp. I, a Cayman Islands SPAC, reported net income of $1.48 million for the quarter ended March 31, 2026, driven by $2.15 million of interest on its IPO trust while incurring $668,269 of formation and operating costs.
The company holds $249.9 million in its Trust Account and $503,428 of cash outside the trust, with a working capital deficit of $152,530 and a $483,000 non‑interest‑bearing working capital note outstanding. Class A ordinary shares subject to possible redemption total 24,150,000 at a redemption value of about $10.35 per share.
Perimeter has until May 14, 2027 to complete a business combination, after which it must liquidate if no deal is closed. Management discloses that these liquidity constraints and the fixed deadline raise substantial doubt about the company’s ability to continue as a going concern.
Perimeter Acquisition Corp. I filed its inaugural Form 10-Q covering the period from inception (March 6, 2025) to March 31, 2025. The company is a Cayman Islands-incorporated special-purpose acquisition company (SPAC) that has not yet consummated its IPO; consequently, no Class A ordinary shares are outstanding as of the reporting date.
Balance Sheet
- Total assets: $410,349, consisting almost entirely of deferred offering costs ($402,557) and prepaid expenses ($7,792).
- Total current liabilities: $431,444, driven by accrued offering costs ($296,420) and a related-party promissory note ($132,570).
- Resulting shareholders’ deficit: $(21,095), reflecting an accumulated deficit of $(46,095) offset by paid-in capital of $24,396 and 6,037,500 Class B founder shares (par value $0.0001; carrying value $604).
Operations
- The company incurred $46,095 of formation, general and administrative expenses, resulting in an identical net loss for the brief operating period.
- Basic and diluted loss per Class B share: $(0.01) on a weighted average of 5.25 million shares.
Capitalization Events
- On May 2 and May 12, 2025 (subsequent to quarter-end), the sponsor and independent directors received 1,725,000 additional founder shares for no consideration, bringing founder shares outstanding to 6,037,500. Up to 787,500 of these shares are subject to forfeiture if the underwriters’ over-allotment option is not exercised.
Regulatory & Status Disclosures
- The registrant has not yet filed all required reports under Section 13 or 15(d) for the preceding 12 months, reflecting its recent formation.
- It is classified as a non-accelerated filer, smaller reporting company, and emerging growth company.
- The company is a shell company as defined by Rule 12b-2.
Liquidity Outlook
The SPAC is dependent on completing its proposed IPO to fund operations and repay the related-party note. Until that time, the balance sheet shows negative equity and reliance on sponsor financing.