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Viking Acquisition Corp. I 10-Q Filings

VACI NYSE

Every 10-Q that Viking Acquisition Corp. I (VACI) has filed with the SEC in the last 24 months is listed below, 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 VACI 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 VACI filings page.

Rhea-AI Summary

Viking Acquisition Corp. I, a Cayman Islands SPAC, reported June 30, 2026 unaudited results while it pursues its Initial Business Combination with NorthStar Earth and Space Inc. Total assets were $236.4 million, including $235.6 million of cash and marketable securities in the Trust Account and $711,805 of cash outside the trust.

For the six months ended June 30, 2026, Viking recorded net income of $2.57 million, driven by $4.13 million of interest income on Trust Account investments, partially offset by $1.56 million of general and administrative costs. Class A ordinary shares subject to possible redemption totaled 23,000,000 at a redemption value of about $10.24 per share.

The company entered into a Business Combination Agreement with NorthStar and a related PIPE Agreement for $30 million of new shares and warrants to acquire 3,000,000 New Viking shares, along with founder-share transfers. Management reports a working capital deficit of $329,469 and states that these liquidity conditions and the need to complete a Business Combination within 24 months from the IPO closing raise substantial doubt about its ability to continue as a going concern.

Rhea-AI Summary

Viking Acquisition Corp. I reported first‑quarter 2026 results reflecting its status as a pre‑combination SPAC. Total assets were $234.6 million, including $233.5 million of cash and marketable securities in the Trust Account, and cash outside the trust of $997,656.

The company recorded net income of $1.73 million, driven by $2.01 million of interest income on Trust Account investments, partly offset by $273,726 of general and administrative costs. Management concluded that limited liquidity outside the trust and pending transaction costs raise substantial doubt about its ability to continue as a going concern within one year.

As of May 15, 2026, there were 23,660,000 Class A and 7,666,667 Class B ordinary shares outstanding. After quarter‑end, Viking signed a Business Combination Agreement with NorthStar Earth and Space Inc. and a related PIPE for $30 million of NorthStar shares plus warrants for 3,000,000 New Viking shares.

Rhea-AI Summary

Viking Acquisition Corp. I, a newly formed SPAC, reports its first results for the period from July 24 through September 30, 2025. The company had no revenue and recorded a net loss of $1,071,594, driven mainly by $1,023,997 of share-based compensation related to founder shares and $47,597 of general and administrative costs. As of September 30, it had no cash and a working capital deficit of $333,502, funded through a sponsor promissory note and deferred offering costs.

After the quarter, Viking completed its initial public offering on November 3, 2025, selling 23,000,000 units at $10.00 each, including full exercise of the over-allotment, and placing $230,000,000 into a trust account. It also sold 660,000 private placement units for $6,600,000 and incurred $14,339,392 of offering-related transaction costs. Public shareholders can redeem their Class A shares from the trust if no business combination is completed within 24 months of the IPO closing. As of December 15, 2025, 23,660,000 Class A and 7,666,667 Class B ordinary shares were outstanding.