EGH Acquisition Corp. (EGHA) Form 10-Q — May 14, 2026
EGH Acquisition Corp. reported net income of $1.03 million for the quarter ended March 31, 2026, driven by $1.35 million in interest earned on its $155.2 million trust account. The company holds $463,928 in cash outside the trust for working capital, with a redemption value of $10.35 per share. The SPAC is pursuing a $1.2 billion business combination with Hecate Energy Group, LLC, which was unanimously approved by the board in January 2026.
Key figures
- Net Income
- 1025330
- Cash Position
- 463928
- Working Capital
- 471249
- Proposed Deal Value
- 1200000000
- Trust Account Balance
- 155217211
- Trust Account Per Share
- 10.35
- Class AShares Outstanding
- 15500000
- Class BShares Outstanding
- 5000000
- Deferred Underwriting Fee
- 6000000
- Administrative Services Fee Monthly
- 25000
Price after filing
1 day: 0.0%7 days: +0.1%30 days: -0.3%
Close on the filing date to close N calendar days later (from $10.33). Historical, not a forecast.
AI analysis
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