Indigo Acquisition Corp. (INAC) Form 10-Q — Nov 2, 2026
Indigo Acquisition Corp., a $115 million blank-check SPAC, filed its 10-Q for the quarter ended September 30, 2026 reporting Q3 net income of $950,826, driven entirely by $1,090,169 of trust account interest offset by $139,343 of operating costs. The company disclosed substantial doubt about its ability to continue as a going concern, with only $188,753 of operating cash outside the trust and a mandatory liquidation trigger if it fails to complete a business combination by April 2, 2027.
Key figures
- Eps
- 0.19
- Net Income
- 2751952
- Total Assets
- 120764809
- Cash Position
- 188753
- Shares Outstanding
- 14755000
- Q3 2026 net income
- 950826
- Combination deadline
- 2027-04-02
- Q3 2026 trust income
- 1090169
- Trust account balance
- 120472646
- Working capital surplus
- 279226
- Deferred underwriting fee
- 4025000
- Redemption value per share
- 10.48
- Trust interest income nine months
- 3174275
- Cash used in operations nine months
- 403167
- Formation operating costs nine months
- 422323
AI analysis
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