Perimeter Acquisition Corp. I (PMTR) Form 10-Q — May 15, 2026
Perimeter Acquisition Corp. I reported net income of $1.48 million for the quarter ended March 31, 2026, driven primarily by $2.15 million in interest income earned on its trust account, which offset $668,000 in formation and operating costs. The company holds approximately $249.9 million in its trust account and $503,000 in operating cash, with a working capital deficit of $152,530. Management disclosed substantial doubt about its ability to continue as a going concern, noting that it must complete a business combination by May 14, 2027, or face mandatory liquidation.
Key figures
- Net Income
- 1481846
- Total Debt
- 483000
- Total Assets
- 250582708
- Cash Position
- 503428
- Operating Costs
- 668269
- Interest Income Trust
- 2150115
- Trust Account Balance
- 249900633
- Working Capital Deficit
- 152530
- Class AShares Outstanding
- 24788000
- Class BShares Outstanding
- 6037500
Price after filing
Close on the filing date to close N calendar days later (from $10.34). Historical, not a forecast.
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