Bain Capital GSS Investment Cor

BCSS: 10-Q · periodic report

Bain Capital GSS Investment Corp., a blank-check SPAC that raised $460 million in its October 2025 IPO, reported net income of $7,965,645 for the six months ended June 30, 2026, almost entirely from $8,573,806 of interest earned on its trust account, which grew to $473,221,889. The company has not selected a business combination target and states it has had no substantive discussions with any candidate; it must complete a deal by October 1, 2027 or redeem public shares at roughly $10.29 each and dissolve. Management disclosed substantial doubt about the company's ability to continue as a going concern, citing only $622,015 of cash outside the trust and reliance on Sponsor loans and advances for working capital until a transaction is announced.

SEC 10-Q•2mo ago

BCSS: 10-Q · periodic report

Bain Capital GSS Investment Corp. reported net income of $4.0 million for the quarter ended March 31, 2026, driven primarily by $4.3 million in interest income earned on its trust account balance of $468.9 million. The company holds $637,186 in cash outside the trust account to fund ongoing operations, including general and administrative expenses of $257,724 for the quarter. No business combination has been identified or announced, and the company remains in the target search phase. Management disclosed substantial doubt about the company's ability to continue as a going concern if a business combination is not consummated by October 1, 2027. The filing includes standard certifications from the CEO and CFO regarding the accuracy of the financial statements.

SEC 10-Q•5mo ago