Siddhi Acquisition Corp (Cayman Islands)

Siddhi Acquisition Corp (SDHI) reported a net income of $7.02 million for the first nine months of 2026, a substantial improvement from a net loss of $2.81 million in the comparable period of 2025. The company's balance sheet shows growth in total assets to $293.95 million, driven by an increase in its investments held in the Trust Account to $293.86 million. While liabilities remained stable, the company experienced a significant decrease in its cash balance.

Siddhi Acquisition Corp, a blank check company, reported a net income of $2.5 million for the three months ended June 30, 2026, a significant improvement from a net loss of $5.6 million in the prior year, primarily due to the absence of advisory fees incurred in 2025 and increased interest income from its Trust Account. For the six months, net income was $4.7 million compared to a $5.6 million net loss. However, management has raised substantial doubt about the company's ability to continue as a going concern due to potential liquidity shortfalls and the mandatory liquidation deadline of January 2, 2027, if a business combination is not completed.

Siddhi Acquisition Corp reported a net income of $2,239,468 for the three months ended March 31, 2026, a significant improvement from a net loss of $43,850 in the prior year period. This positive result was primarily driven by $2,457,854 in interest earned on investments held in its Trust Account, which grew to $288,439,296. However, the company's management has identified a potential liquidity shortfall and mandatory liquidation if a Business Combination is not completed by January 2, 2027, raising substantial doubt about its ability to continue as a going concern.