Talon Capital Corp. Class A Ordinary Shares

TLNC: 8-K · leadership change

Talon Capital Corp. (Nasdaq: TLNC), a Cayman Islands SPAC, appointed Dr. Victoria Ivashina as an independent director effective September 11, 2026, and named her to the board's audit committee. Dr. Ivashina is the Lovett-Learned Professor of Finance at Harvard Business School, co-head of its Private Capital Initiative, and a trustee of the Carlyle AlpInvest Private Markets funds, adding deep private-markets and academic finance expertise to the pre-deal SPAC's board. In connection with the appointment, she signed joinders to the company's insider letter agreement and registration rights agreement, and sponsor Talon Capital Sponsor LLC transferred 20,000 Class B shares to her at approximately $0.003 per share.

SEC 8-K•1mo ago

TLNC: 10-Q · periodic report

Talon Capital Corp., a pre-deal blank check company, filed its Form 10-Q for the quarter ended June 30, 2026, reporting quarterly net income of $1,322,627, driven by $2,332,532 of interest earned in its trust account and partially offset by $1,009,905 of general and administrative expenses. The trust account held $256,465,859 as of June 30, 2026, up from $252,095,639 at year-end 2025, following the September 10, 2025 IPO of 24,900,000 units at $10.00 that raised $249,000,000. Cash outside the trust stood at $2,399,609, and the company used $749,354 of operating cash during the six months while making four working-capital withdrawals of interest from the trust. The company has not selected a target and intends to focus on energy and power businesses, with 24 months from IPO closing — until roughly September 10, 2027 — to complete a business combination or redeem public shares and liquidate. Management concluded disclosure controls were effective, reported no material changes to risk factors, and stated it has sufficient funds for the next year, leaving the equity's trajectory tied to a future deal announcement rather than operations.

SEC 10-Q•2mo ago

TLNC: 10-Q · periodic report

Talon Capital Corp. reported net income of $1.97 million for the quarter ended March 31, 2026, driven primarily by $2.31 million in interest income earned on its trust account. The company has not commenced any operating activities and generated no operating revenue, consistent with its status as a pre-deal special purpose acquisition company. As of March 31, 2026, the company held $254.3 million in its trust account and $2.65 million in cash outside the trust for working capital purposes. General and administrative expenses for the quarter were $342,807, resulting in a net cash outflow from operating activities of $301,327. The filing confirms that the company has 24 months from its September 2025 IPO closing to complete a business combination. Management stated that disclosure controls and procedures were effective and identified no material changes in internal control over financial reporting during the quarter.

SEC 10-Q•5mo ago