Here are the 10-Q quarterly reports from Siddhi Acquisition Corp Unit (SDHIU) 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 SDHIU 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 SDHIU filings page.
Siddhi Acquisition Corp (SDHI) reported third-quarter net income of $2,282,063, compared with $2,842,367 a year earlier; nine-month net income was $7,021,230, versus a $2,807,335 loss. The 2026 income came from interest on Trust Account investments, offset by general and administrative costs. The blank-check company has not selected a business-combination target and has generated no operating revenue.
At September 30, 2026, the Trust Account held $293,856,962 in U.S. Treasury bills. Cash outside the Trust Account was $27,674, and the company reported a $215,920 working capital deficit. Management said the liquidity shortfall and required liquidation raise substantial doubt about the company’s ability to continue as a going concern. The business-combination deadline is January 2, 2027, or April 2, 2027 if a definitive agreement is executed by January 2, 2027.
On October 20, 2026, the company issued Siddhi Sponsor LLC a non-interest-bearing note for $500,000. As of November 5, 2026, $200,000 had been drawn and was outstanding. Principal is payable promptly after a completed business combination, and the note is forgiven if the company cannot complete one.
Siddhi Acquisition Corp, a Cayman Islands SPAC, reported net income of $2,499,699 for Q2 2026 and $4,739,167 for the first half of 2026, driven by $5,138,821 of interest earned on $291,120,263 of U.S. Treasury investments held in its Trust Account.
Operating activity remained limited, with general and administrative costs of $181,268 in Q2 and $399,654 year to date, cash outside the Trust Account of $168,230 and working capital of $238,716 as of June 30, 2026. Management states that a potential liquidity shortfall and the obligation to complete a Business Combination by January 2, 2027, with a possible three‑month extension, raise substantial doubt about the company’s ability to continue as a going concern; absent a transaction, the structure provides for redeeming public shares for cash from the Trust Account.
Siddhi Acquisition Corp, a blank check company, reported net income of $2,239,468 for the quarter ended March 31, 2026, driven entirely by $2,457,854 of interest on U.S. Treasury investments in its Trust Account. General and administrative costs were $218,386, reflecting ongoing public-company and deal-search expenses.
The Trust Account held $288,439,296, backing 27,600,000 Class A shares subject to redemption at $10.45 per share, while cash outside the trust was $456,983 and working capital was $419,984. Management discloses that if no business combination is completed by January 2, 2027 (with a possible three‑month extension), the company must liquidate, and explicitly states that this mandatory liquidation timeline and potential liquidity shortfall raise substantial doubt about its ability to continue as a going concern.
Siddhi Acquisition Corp is a blank-check company formed to complete a business combination. The company completed an initial public offering and sold private placement units to its Sponsor, depositing a total of $280,247,491 into a Trust Account invested in U.S. Treasury bills to fund a future merger or acquisition. The Trust proceeds are presented as Class A ordinary shares subject to possible redemption at roughly $10.15 per share.
The company reported a six-month net loss of $5,649,702, driven by operating costs including a recorded advisory fee and a deferred underwriting fee of $8,280,000 each, partially offset by $2,867,491 of interest income earned on the Trust. Cash outside the Trust was $884,323 with working capital of $889,756. Management has not commenced operating activities and has not selected a target for a business combination.