Here are the 10-Q quarterly reports from Shreya Acquisition Group (SAGU) 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 SAGU 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 SAGU filings page.
Shreya Acquisition Group, a Cayman Islands blank check company, reported limited operating activity for the quarter ended March 31, 2026 as it prepared for its initial business combination. For the quarter it recorded net income of $16,397, driven by reversal of an accrual, while for the nine months since inception it posted a net loss of $97,808, all from general and administrative costs.
After the balance sheet date, on May 8, 2026, the company closed its IPO of 11,000,000 units at $10.00 each, placing $110,000,000 into a Trust Account and raising an additional $1,917,500 through a private placement of 191,750 units to the sponsor. Transaction costs totaled $1,731,694, including $600,000 of upfront and $600,000 of deferred underwriting fees.
As of March 31, 2026, Shreya had no cash, total assets of $156,405 and a working capital deficit of $232,990. Management discloses that mandatory liquidation if no business combination is completed within the specified window, combined with current liquidity constraints, raises substantial doubt about the company’s ability to continue as a going concern, despite post-IPO cash of $819,520 outside the Trust Account and a working capital surplus of $797,965. Internal controls over financial reporting were deemed ineffective due to limited personnel and inadequate documented procedures.