Quarterly ResultMay 26, 2026, 08:36 AM
HCAC Q1 2026 Net Income $1.65M; Class A EPS $0.08
AI Summary
Hall Chadwick Acquisition Corp (HCAC) reported a net income of $1,652,279 for the three months ended March 31, 2026, with basic and diluted net income per Class A ordinary share at $0.08. As a blank check company, HCAC has not yet commenced operations, with its income primarily derived from interest earned on investments held in its Trust Account. The company's Trust Account held $209,621,481 as of March 31, 2026, following its Initial Public Offering in November 2025.
Key Highlights
- Net income for the three months ended March 31, 2026, was $1,652,279.
- Basic and diluted net income per Class A ordinary share for Q1 2026 was $0.08.
- Cash and investments held in the Trust Account totaled $209,621,481 as of March 31, 2026.
- Total assets were $210,201,391 and total liabilities were $8,324,667 as of March 31, 2026.
- The company reported $463,036 in cash and $490,223 in working capital as of March 31, 2026.
- The Initial Public Offering on November 24, 2025, generated gross proceeds of $207,000,000.
- The sale of Private Placement Units generated gross proceeds of $6,140,000.
Price Impact
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