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UY Scuti Acquisition Rights (UYSCR) 10-Q Filings

UYSCR NASDAQ

Here are the 10-Q quarterly reports from UY Scuti Acquisition Corp. Rights (UYSCR) 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 UYSCR 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 UYSCR filings page.

Rhea-AI Summary

UY Scuti Acquisition Corp., a Cayman Islands SPAC, reported unaudited results for the quarter ended June 30, 2026. Total assets were $35.6 million, consisting largely of $35.6 million of cash in its Trust Account after substantial shareholder redemptions.

The company recorded net income of $164,865, driven by $302,840 of interest on Trust funds and $137,975 of operating expenses. Following a March 2026 extension vote, holders of 2,437,288 ordinary shares redeemed for about $25.3 million, leaving 3,312,712 public shares outstanding. The sponsor and Isdera affiliates deposited an aggregate $900,000 into the Trust to fund two three‑month extension periods.

The company has a working capital deficit and shareholders’ deficit of $1,640,146 and an accumulated deficit of $2,615,575. Management discloses substantial doubt about the ability to continue as a going concern if a Business Combination—pursuant to a signed $1 billion Merger Agreement with Isdera Group Limited—is not completed by April 1, 2027.

Rhea-AI Summary

Scuti Acquisition Corp., a Cayman Islands SPAC, reported net income of $69,829 for the quarter and $553,899 for the nine months ended December 31, 2025, as interest of $1,706,108 on cash held in its trust account more than offset operating expenses of $1,152,209.

Total assets were $59.3 million, including $59.2 million of cash in the trust and 5,750,000 ordinary shares classified as redeemable at $10.30 per share. The company has a working capital deficit and relies on a sponsor promissory note with $311,605 outstanding, convertible into units at $10.00 each. In July 2025, Scuti signed a Merger Agreement with Isdera Group Limited, valuing Isdera at $1.0 billion, payable in newly issued shares at $10.00 per share. Management discloses substantial doubt about Scuti’s ability to continue as a going concern if it fails to complete a business combination by April 1, 2026, or by October 1, 2026 if extensions are used.