Every 10-Q that Westin Acquisition Corp Units (WSTNU) 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 WSTNU 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 WSTNU filings page.
Westin Acquisition Corp., a Cayman Islands-based SPAC, filed its quarterly report for the period ended March 31, 2026. After its November 2025 IPO of 5,750,000 units at $10.00 each, about $57.5 million of net proceeds plus interest is held in a trust account invested in U.S. Treasuries.
Total assets were $58.7 million, largely the $58.4 million of cash and marketable securities in trust, with only $361,629 of cash outside the trust and a working capital deficit of $149,751. For the quarter, the company reported net income of $380,859, driven by $468,454 of interest income on trust investments, partially offset by $87,595 of operating expenses.
Management reiterates that Westin has not yet identified a business combination target and must complete a deal by May 5, 2027 or liquidate the trust and return funds to public shareholders. Due to limited liquidity outside the trust, significant expected costs, and the finite completion window, the company discloses substantial doubt about its ability to continue as a going concern. The filing also notes a material weakness in controls over identifying and disclosing commitments and contingencies.
Westin Acquisition Corp., a Cayman Islands-based SPAC, reported its first post-IPO quarter for the period ended December 31, 2025. Total assets were $58.3 million, including $57.9 million of cash and marketable securities held in a trust account funded by its $57.5 million IPO and $2.35 million private placement.
The company generated net income of $128,860 for the quarter and $124,521 for the six months since inception, mainly from $391,639 of interest on trust investments, partially offset by $267,118 of formation and administrative expenses. Cash outside the trust was $432,172, with a working capital deficit of $62,156.
Management disclosed that it has not identified a business combination target and must complete a transaction within the defined combination period, initially through May 5, 2027. Due to limited liquidity and the fixed deadline, the company concluded that substantial doubt exists about its ability to continue as a going concern. Management also found its disclosure controls and procedures ineffective, citing weaknesses in identifying and disclosing commitments and contingencies.
Westin Acquisition Corp. (WSTNU) is a newly formed Cayman Islands blank check company that had not begun operating a business as of September 30, 2025. For the quarter, it recorded a small net loss of $4,339, entirely from formation and operating costs, and had total assets of $460,563 in deferred offering costs funded via a related-party promissory note.
After quarter-end, on November 5, 2025, Westin completed its IPO of 5,750,000 units at $10.00 per unit, raising $57,500,000. The IPO proceeds, together with a portion of private placement proceeds, were placed into a U.S. Treasury-backed trust account to fund a future business combination. Public shareholders will have the right to redeem their Class A shares for cash from the trust in connection with that transaction.
Management discloses substantial doubt about the company’s ability to continue as a going concern because Westin must complete a qualifying business combination within 18 months of the IPO or liquidate, and it has incurred and expects to continue to incur significant costs. The report also notes that disclosure controls and procedures were deemed ineffective, specifically around identifying and timely disclosing commitments and contingencies.