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Wen Acquisition Corp 10-Q Filings

WENN NASDAQ

Every 10-Q that Wen Acquisition Corp (WENN) 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 WENN 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 WENN filings page.

Rhea-AI Summary

Wen Acquisition Corp, a Cayman Islands SPAC focused on fintech infrastructure and digital-asset enablement, reported June 30, 2026 assets of $313.6 million, almost entirely in its Trust Account. The Trust held $313.3 million, or $10.44 per public share, invested mainly in Treasury-focused money market funds.

The company has not yet entered into a definitive Business Combination agreement and generates no operating revenue; net income of $5.1 million for the six months ended June 30, 2026 came almost entirely from Trust interest, partially offset by $0.4 million of general and administrative costs. Cash outside the Trust was $244,770, with working capital of $193,790, and management notes it may need Working Capital Loans or other financing to fund ongoing search and transaction expenses.

Public Class A shares are classified as temporary equity at redemption value, and a deferred underwriting fee of $14.3 million is payable upon completing a Business Combination. Management discloses that limited liquidity and the required liquidation date of May 19, 2027 raise substantial doubt about the company’s ability to continue as a going concern if no deal is completed within the Combination Period.

Rhea-AI Summary

Wen Acquisition Corp, a SPAC focused on fintech infrastructure and digital assets, reported net income of $2,491,809 for the quarter ended March 31, 2026, driven by $2,718,367 of interest on its Trust Account and offset by $226,558 of general and administrative costs.

Total assets were $311,046,666, including $310,502,077 of cash and marketable securities in the Trust Account, or $10.34 per public share. The company has not yet identified a business combination target and discloses substantial doubt about its ability to continue as a going concern if no deal is completed by May 19, 2027.

Rhea-AI Summary

Wen Acquisition Corp filed its quarterly report, showing it remains a SPAC focused on completing an initial business combination. The company reported net income of $3,000,988 for the quarter, driven by $3,259,210 of interest earned on its trust investments, partly offset by $258,222 in general and administrative costs.

The trust held $304,812,813 as of September 30, 2025, equating to $10.15 per public share for 30,015,000 Class A ordinary shares subject to possible redemption. Cash outside the trust was $762,861, and a deferred underwriting fee of $14,289,750 remains payable upon a successful merger. The company has until May 19, 2027 to complete a deal under its current charter.

Management disclosed that the company’s liquidity position and merger deadline raise “substantial doubt” about its ability to continue as a going concern absent a completed transaction. Warrants outstanding include 15,007,500 public and 7,220,000 private placement warrants, each exercisable at $11.50 per share after a business combination.