Karbon Capital Partners Corp.

KBON: 10-Q · periodic report

Karbon Capital Partners Corp. (Nasdaq: KBON) filed its 10-Q for the quarter ended June 30, 2026. The pre-deal blank check company has no operations or revenue; its sole activity is searching for an initial business combination, focused on the power generation, energy infrastructure and energy technology and security sectors. Q2 net income was $1,391,774 and first-half net income was $4,183,157, driven by $6,176,290 of interest earned on the trust account, which grew to $351,773,580 ($10.20 per public share) from $345,597,290 at year-end 2025. The filing carries a going-concern warning: cash outside the trust fell to $418,044 (working capital of $203,684) and management said existing working capital may not fund operations through the combination period without additional financing. The SPAC has 24 months from its December 12, 2025 IPO closing to complete a deal or liquidate and return roughly $10 per public share. No target has been announced. The $345,000,000 IPO (34,500,000 units at $10.00, including full over-allotment exercise) was book-run by Citigroup Global Markets Inc., and the sponsor purchased 890,000 private placement units for $8,900,000.

SEC 10-Q•2mo ago