Here are the 10-Q quarterly reports from Real Asset Acquisition Corp. Unit (RAAQU) 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 RAAQU 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 RAAQU filings page.
Real Asset Acquisition Corp. reported net income of $1.2 million for the three months ended March 31, 2026, driven mainly by $1.46 million of interest on the $178.6 million held in its trust account, partially offset by $248,185 of general and administrative costs.
The SPAC has $838,494 of cash outside the trust and 17,250,000 Class A and 5,750,000 Class B ordinary shares outstanding. It signed a business combination agreement with IQM Finland Oy, targeting a third-quarter 2026 closing supported by a $134 million PIPE financing at $10.00 per ADS.
The company must complete a business combination by January 30, 2027 or liquidate, and management notes substantial doubt about its ability to continue as a going concern over the next year despite the pending IQM transaction.