Every 10-Q that QUETTA ACQSITIO CORP UTS (QETAU) 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 QETAU 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 QETAU filings page.
Quetta Acquisition Corporation is a SPAC that has not yet completed a business combination. For the three and six months ended June 30, 2026 it reported net income of $884,904 and $871,383, respectively, driven largely by a $1,040,000 gain from forgiveness of promissory notes previously issued to KM QUAD. Interest income on the Trust Account contributed $173,286 for the quarter and $342,988 year-to-date.
After significant redemptions in January 2025, approximately $19.9 million remains in the Trust Account, while cash outside the trust was only $4,575 at June 30, 2026 and working capital showed a deficit of $2,380,850. Quetta entered into a Business Combination Agreement on March 6, 2026 with Smart Kreate Group Limited and related entities and SKG is funding monthly extension deposits of $60,000 through August 2026, extending the combination deadline to September 10, 2026. The company discloses a going concern uncertainty, an excise tax liability of $614,048 (plus $62,526 of related interest and penalties), and a material weakness in internal controls related to segregation of duties and insufficient written policies.
Quetta Acquisition Corporation reported a small net loss of $13,521 for the three months ended March 31, 2026, as it continues to seek a merger target. The SPAC earned interest of $169,702 on $19.54M of cash and investments held in its Trust Account while incurring formation, operating and tax costs.
After January 2025 redemptions of 5,199,297 shares for approximately $55.15M, the Trust Account held about $18.0M, leaving 3,747,748 common shares outstanding. Working capital showed a deficit of $2.95M, and management disclosed substantial doubt about the company’s ability to continue as a going concern without completing a business combination.
On March 6, 2026, Quetta entered into a Business Combination Agreement with Smart Kreate Group Limited and related entities, replacing a previously terminated KM QUAD transaction. KM QUAD later released the company from $1.04M of promissory note obligations. Nasdaq approved the transfer of QETA’s listing to the Nasdaq Capital Market, and the company regained compliance with applicable continued listing standards.
Quetta Acquisition Corporation (QETAU) is a blank-check company formed to complete a business combination. The company raised $69.0 million in its IPO (6,900,000 Public Units at $10.00) and sold 253,045 Private Units for $2.53 million. As of June 30, 2025, cash on hand was $225,929 with $18,716,360 held in a trust account invested in money market funds; the Company reported a working capital deficit of $2,134,700. Management disclosed substantial doubt about the Company’s ability to continue as a going concern within one year if a business combination or additional financing is not completed. The Company received extension payments and promissory notes from KM QUAD totaling $1,040,000 outstanding as of June 30, 2025, and has agreed extension fee deposits of $60,000 per month into the trust to extend the combination date to September 10, 2025. Approximately 5,199,297 shares (redemption value about $55.15 million) were tendered for redemption. The proposed business combination with KM QUAD contemplates 300 million purchaser ordinary shares at $10.00 per share and includes various closing conditions and expense-sharing arrangements.