Financial Position - As of September 30, 2025, the company had cash of $691,042 and positive working capital of $594,021[101] - As of September 30, 2025, cash held in the Trust Account amounted to $176,663,659, intended for the initial business combination[110] - The company does not have any long-term debt or capital lease obligations as of September 30, 2025[115] Income and Revenue - For the nine months ended September 30, 2025, the company reported net income of $1,312,252, primarily from interest income of $1,668,159[103] Initial Public Offering (IPO) - The initial public offering generated gross proceeds of $174,995,500 from the sale of 17,499,550 units at an offering price of $10.00 per unit[105] - Following the IPO, a total of $174,995,500 was placed in the Trust Account, with transaction costs amounting to $3,195,665[107] - The underwriters exercised their over-allotment option fully, purchasing an additional 2,282,550 units[115] Cash Flow - Cash used in operating activities for the nine months ended September 30, 2025, was $256,543[108] - Cash provided by financing activities for the same period was $175,943,085, reflecting proceeds from the IPO and private placements[109] - The company may seek additional financing to complete the business combination if cash on hand is insufficient[113]

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 Commission file number: 001-42736 GLOBA TERRA ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 382 NE 191st Street #952377 Miami, Flori ...