FutureCrest Acquisition Corp. (FCRS) Form 10-Q — May 15, 2026
FutureCrest Acquisition Corp. reported net income of $1.68 million for the quarter ended March 31, 2026, driven primarily by $2.55 million in interest earned on its trust account. This income was partially offset by $869,407 in general and administrative expenses related to maintaining the company as a public entity. The company holds $292.86 million in marketable securities within its trust account, which is intended to fund a future business combination.
Key figures
- Eps
- 0.05
- Net Income
- 1683227
- Total Debt
- 0
- Total Assets
- 293894954
- Cash Position
- 719758
- Interest Earned Trust
- 2552634
- Trust Account Balance
- 292857747
- Class AShares Outstanding
- 28750000
- Class BShares Outstanding
- 7187500
- Deferred Underwriting Fee
- 12250000
- Public Warrants Outstanding
- 7187500
- General Administrative Costs
- 869407
- Private Placement Warrants Outstanding
- 3500000
Price after filing
1 day: 0.0%7 days: -0.4%30 days: -0.6%
Close on the filing date to close N calendar days later (from $10.25). Historical, not a forecast.
AI analysis
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