Quarterly ResultMay 12, 2026, 09:32 AM
EVOX Q1 Net Income $1.95M; Trust Account $243.3M
AI Summary
Evolution Global Acquisition Corp (EVOX), a blank check company, reported a net income of $1,951,845 for the three months ended March 31, 2026. The company's investments held in the Trust Account grew to $243,327,660, primarily driven by $2,120,916 in interest earned. EVOX continues to operate as an early-stage company focused on identifying and completing a business combination.
Key Highlights
- Net income for the three months ended March 31, 2026, was $1,951,845.
- Investments held in the Trust Account increased to $243,327,660 as of March 31, 2026.
- Interest earned on investments in the Trust Account totaled $2,120,916.
- Cash and cash equivalents were $1,010,726 at the end of the quarter.
- Total assets amounted to $244,523,231 as of March 31, 2026.
- Total liabilities were $9,863,518 at quarter-end.
- The company reported a shareholders' deficit of $(8,667,947).
- General and administrative costs for the quarter were $169,071.