Here are the 10-Q quarterly reports from Space Asset Acquisition Corp. Units (SAAQU) 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 SAAQU 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 SAAQU filings page.
Space Asset Acquisition Corp., a Cayman Islands blank check company targeting the global space economy, reported net income of $1,857,518 for the quarter and $2,861,802 for the six months ended June 30, 2026. Results were driven by $3,266,269 of earnings on marketable securities in its trust account and $22,440 of earnings on cash, offset by $426,907 of general and administrative expenses.
Following its January 29, 2026 IPO of 23,000,000 units generating gross proceeds of $230,000,000, the company held $233,289,598 of U.S. Treasury investments in its Trust Account and $1,468,186 of cash outside the trust at June 30, 2026, for total assets of $234,857,160. There were 23,645,000 Class A ordinary shares outstanding, including 23,000,000 Class A shares classified as redeemable at $10.14 per share, and 7,666,667 Class B Founder Shares outstanding.
The company reported a working capital surplus of $1,484,138. Management states that, after the IPO, sufficient capital exists to sustain operations for at least one year from issuance and that previous substantial doubt about going concern has been alleviated. The SPAC has until January 29, 2028, 24 months from IPO closing, to complete an initial Business Combination or it will liquidate and return trust funds to public shareholders.