OTG Acquisition Corp. I (OTGA) Form 10-Q — May 14, 2026
OTG Acquisition Corp. I reported net income of $1.7 million for the quarter ended March 31, 2026, driven primarily by $1.99 million in interest earned on its trust account. The company holds approximately $235.7 million in the trust account, which is invested in U.S. Treasury Bills, and $539,000 in cash outside the trust for working capital purposes.
Key figures
- Eps
- 0.06
- Net Income
- 1696575
- Total Assets
- 236435426
- Cash Position
- 539283
- Interest Earned Trust
- 1986548
- Trust Account Balance
- 235656429
- Warrants Outstanding
- 11887500
- Class AShares Outstanding
- 23775000
- Class BShares Outstanding
- 5750000
- General Administrative Costs
- 289973
Price after filing
1 day: 0.0%7 days: +0.3%30 days: +0.5%
Close on the filing date to close N calendar days later (from $10.12). Historical, not a forecast.
AI analysis
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