EGH Acquisition Corp-A(EGHA)
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EGH Acquisition Corp-A(EGHA) - 2025 Q3 - Quarterly Report
2025-11-12 22:25
IPO and Financial Overview - The company completed its Initial Public Offering (IPO) on May 12, 2025, raising gross proceeds of $150,000,000 from the sale of 15,000,000 Public Units at $10.00 each[103]. - The company incurred total fees of $9,567,513 related to the IPO, which included a cash underwriting fee of $3,000,000 and a deferred fee of $6,000,000[111]. - As of September 30, 2025, the company had a net income of $2,117,299, primarily from interest earned on marketable securities held in the Trust Account, totaling $2,394,399[110]. - The Trust Account held approximately $152,394,399 in marketable securities as of September 30, 2025, including $2,394,399 of interest income[113]. Business Combination and Operations - The company has until May 12, 2027, to complete a Business Combination, or it will cease operations and redeem Public Shares[106]. - The company plans to use substantially all funds in the Trust Account to complete its Business Combination, with remaining proceeds for working capital[113]. - The Sponsor, directors, and officers have waived their rights to liquidating distributions from the Trust Account for Founder Shares if the initial Business Combination is not completed within the Combination Period[127]. Financial Management and Costs - For the three months ended September 30, 2025, general and administrative costs amounted to $200,990, impacting the net income[109]. - The company incurred $125,000 in fees for administrative services under an agreement with the Sponsor from inception through September 30, 2025[124]. - The company has cash held outside the Trust Account of $961,041 as of September 30, 2025, primarily for evaluating target businesses[114]. - The company may need to raise additional capital to meet liquidity needs, raising concerns about its ability to continue as a going concern[118]. Accounting and Reporting - Class A Ordinary Shares subject to possible redemption are classified as temporary equity and presented at redemption value outside of shareholders' equity[131]. - Net income (loss) per Ordinary Share is calculated by dividing net income (loss) applicable to shareholders by the weighted average number of Ordinary Shares outstanding[132]. - The FASB issued ASU 2023-07, effective for fiscal years beginning after December 15, 2023, requiring disclosures of significant segment expenses and other segment items[133]. - Management does not anticipate any recently issued accounting standards will materially affect the financial statements[134]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[135].
EGH Acquisition Corp-A(EGHA) - 2025 Q2 - Quarterly Report
2025-08-08 20:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-42636 EGH ACQUISITION CORP. (Exact name of registrant as specified in its charter) Cayman Islands 98-1836055 ( ...
EGH Acquisition Corp-A(EGHA) - 2025 Q1 - Quarterly Report
2025-06-23 20:06
Not Applicable (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: | | Trading | Name of each exchange | | --- | --- | --- | | Title of each class | Symbol(s) | on which registered | | Units, each consisting of one Class A ordinary share and one right | EGHAU | The Nasdaq Stock Market | | | | LLC | | Class A ordinary shares, par value $0.0001 per share | EGHA | The Nasdaq Stock Market | | | | LLC | | Rights, each righ ...