Indigo Acquisition Corp. Unit

INAC: 10-Q · periodic report

Indigo Acquisition Corp. reported a net income of $873,606 for the quarter ended March 31, 2026, primarily due to interest income of $1,035,981 from the Trust Account, offset by formation and operating costs of $162,375. As of March 31, 2026, the company had $458,473 in cash and $118,334,352 in marketable securities held in the Trust Account. The company has not yet commenced any operations and is focused on identifying a target for a Business Combination. The company's liquidity condition raises substantial doubt about its ability to continue as a going concern if a Business Combination is not consummated by April 2, 2027. The company will use the funds in the Trust Account to complete a Business Combination, and any remaining funds will be used for working capital and growth strategies. The company has no long-term debt, capital lease obligations, or operating lease obligations, other than an agreement to pay an aggregate of $10,000 per month for office space, administrative, and support services.

SEC 10-Q•5mo ago