Cal Redwood Acquisition Corp. (CRAQ) Form 10-Q — May 15, 2026
Cal Redwood Acquisition Corp. reported net income of $1.92 million for the quarter ended March 31, 2026, driven primarily by $2.04 million in earnings on investments held in its trust account. The company remains in the pre-business combination phase, having completed its IPO in May 2025 but not yet identified a target for merger or acquisition. The company holds $237.7 million in its trust account and $962,299 in operating cash, with a working capital surplus of $919,745.
Key figures
- Net Income
- 1917622
- Total Debt
- 301
- Total Assets
- 238820628
- Cash Position
- 962299
- Trust Account Balance
- 237675190
- Working Capital Surplus
- 919745
- Earnings On Trust Account
- 2041625
- Shares Outstanding Class A
- 23660000
- Shares Outstanding Class B
- 7665900
- General And Administrative Costs
- 132112
Price after filing
Close on the filing date to close N calendar days later (from $10.23). Historical, not a forecast.
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