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SPAC Pulse 51

2026-08-24

SAMO files Q1 10-Q, reports $28k net loss from Jan 27 inception to Mar 31

Pre-IPO period shows $21.8k cash, $50k sponsor note, and $574k total liabilities against $571k assets. Samos Energy Acquisition Corporation filed its first 10-Q covering the period from January 27, 2026 inception through March 31, 2026. Net loss totaled $28,393 from formation and general and administrative costs. No revenue was recorded. Cash stood at $21,830. Current liabilities included $15,973 accrued expenses, $181,570 accrued offering costs, and a $50,000 related-party promissory note. Deferred offering costs reached $508,380. Total liabilities were $574,353 versus total assets of $570,960. 5,750,000 Class B ordinary shares were issued to the sponsor for $25,000. No Class A shares were outstanding. The registration statement for the IPO became effective July 9, 2026, with closing on July 13, 2026 after the reporting period. No target or business combination agreement is referenced.

SAMO · 10-Q · Read the note