UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ☐ 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: 001-43078 SPACE ASSET ACQUISITION CORP. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdict ...

Core Viewpoint - Space Asset Acquisition Corp. announced that holders of its initial public offering units can begin trading Class A ordinary shares and warrants separately starting March 20, 2026 [1] Group 1: Initial Public Offering Details - The Company completed its initial public offering of 23,000,000 units on January 29, 2026, which included 3,000,000 units from the underwriters' overallotment option [1] - Units that are not separated will continue to trade under the symbol "SAAQU," while Class A ordinary shares and warrants will trade under "SAAQ" and "SAAQW," respectively [1] - Only whole warrants will be issued upon separation, and holders must contact Efficiency INC., the Company's transfer agent, to separate the units [1] Group 2: Regulatory Information - A registration statement for these securities was declared effective by the U.S. Securities and Exchange Commission on January 27, 2026 [2]

Core Viewpoint - Space Asset Acquisition Corp. successfully closed its initial public offering (IPO) of 23,000,000 units at a price of $10.00 per unit, including an over-allotment of 3,000,000 units, with each unit comprising one Class A ordinary share and one-third of a redeemable warrant [1][3] Group 1: IPO Details - The units began trading on Nasdaq under the ticker symbol "SAAQU" on January 28, 2026, with plans for separate trading of Class A ordinary shares and warrants under the symbols "SAAQ" and "SAAQW" respectively [2] - The IPO generated gross proceeds of $230,000,000, which was placed in trust, with each unit sold in the public offering priced at $10.00 [3] Group 2: Private Placement - Concurrently with the IPO, the company closed a private placement of 645,000 units at the same price of $10.00 per unit, resulting in gross proceeds of $6,450,000 [3] - Space Asset Acquisition Sponsor LLC purchased 415,000 of the private placement units, while BTIG, LLC acquired 230,000 units, with each unit consisting of one Class A ordinary share and one-third of a redeemable warrant [3] Group 3: Company Purpose - Space Asset Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations, primarily targeting opportunities in the global space economy, including technology and defense sectors [4]

Company Overview - Space Asset Acquisition Corp. is a blank check company formed to pursue mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] Initial Public Offering (IPO) Details - The company announced the pricing of its IPO, offering 20,000,000 units at a price of $10.00 per unit, with trading expected to commence on January 28, 2026, on Nasdaq under the ticker symbol "SAAQU" [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on January 29, 2026, subject to customary closing conditions [1] Underwriting and Additional Options - BTIG, LLC is acting as the sole book-running manager for the offering and has been granted a 45-day option to purchase up to an additional 3,000,000 units at the IPO price to cover over-allotments [3] Regulatory Compliance - A registration statement for these securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on January 27, 2026 [4]

As filed with the U.S. Securities and Exchange Commission on January 13, 2026. Registration No. 333-291082 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 –––––––––––––––––––––––––––––––––––––––––––––––––– Space Asset Acquisition Corp. (Exact name of registrant as specified in its charter) –––––––––––––––––––––––––––––––––––––––––––––––––– Cayman Islands 6770 N/A (State or other jurisdiction of incorp ...

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 –––––––––––––––––––––––––––––––––––––––––––––––––– Space Asset Acquisition Corp. As filed with the U.S. Securities and Exchange Commission on October 24, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 –––––––––––––––––––––––––––––––––––––––––––––––––– FORM S-1 (Exact name of registrant as specified in its charter) –––––––––––––––––––––––––––––––––––––––––––––––––– | Cayman Islands | 6770 | N/A | | -- ...