Siddhi Acquisition Corp-A(SDHI)
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Siddhi Acquisition Corp-A(SDHI) - 2025 Q3 - Quarterly Report
2025-10-31 20:34
Financial Performance - For the three months ended September 30, 2025, the company reported a net income of $2,842,367, primarily from interest earned on investments held in the Trust Account of $2,996,664, after deducting general and administrative costs of $154,297[110]. - For the nine months ended September 30, 2025, the company incurred a net loss of $2,807,335, with general and administrative costs amounting to $8,671,490, offset by interest income of $5,864,155 from investments held in the Trust Account[110]. Investments and Cash Position - As of September 30, 2025, the company had investments in the Trust Account totaling $283,244,155, which included approximately $5,864,155 of interest income[115]. - As of September 30, 2025, the company had cash of $759,129 outside the Trust Account, intended for identifying and evaluating target businesses and related due diligence[116]. Initial Public Offering - The company completed its Initial Public Offering on April 2, 2025, raising gross proceeds of $276,000,000 from the sale of 27,600,000 units at $10.00 per unit, including the full exercise of the underwriter's over-allotment option[112]. - The company incurred total offering costs of $9,056,885, which included a cash underwriting fee of $250,000 and a deferred underwriting fee of $8,280,000[113]. Business Operations and Future Outlook - The company does not expect to generate operating revenues until after the completion of its Business Combination[109]. - The company may need to raise additional funds to complete its Business Combination or to cover redemptions of public shares, which could involve issuing additional securities or incurring debt[118]. - The company has not engaged in any operations or generated revenues since its inception on July 5, 2024, focusing solely on organizational activities and identifying a target company for a Business Combination[109]. Debt and Obligations - The company has no long-term debt or off-balance sheet arrangements as of September 30, 2025, and has only a monthly fee obligation of $15,000 for administrative support services[119][120].
Siddhi Acquisition Corp-A(SDHI) - 2025 Q2 - Quarterly Report
2025-08-08 20:30
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 quarter ended June 30, 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: 001-42578 SIDDHI ACQUISITION CORP (Exact Name of Registrant as Specified in Its Charter) Cayman Islands N/A (State or other jurisdiction of inco ...
Siddhi Acquisition Corp-A(SDHI) - 2025 Q1 - Quarterly Report
2025-05-12 20:44
FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (MARK ONE) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) 100 Wall Street, 20th Floor New York, NY 10005 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended March 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: 001-42578 SIDD ...