Journal ·

AMAC 10-Q: IPO closed July 20 with $260M trust, 24-month window

SPAC Pulse 51

Quarter ended June 30, 2026 shows no operations or target. Subsequent event disclosure records closing of 26M-unit IPO plus 707,500 private placement units.

AMAC10-Q

AMR Resources Acquisition Corp filed its 10-Q for the period ended June 30, 2026. The blank-check company reported a net loss of $94,134 for the six months and held $371,636 in total assets, funded by a related-party promissory note of $229,145.

No business combination target had been identified. All activity remained formation and IPO preparation.

On July 20, 2026, the company closed its IPO of 26,000,000 units at $10.00 per unit for gross proceeds of $260,000,000, including partial exercise of the over-allotment for 1,000,000 units. $260,000,000 was placed in the trust account.

Simultaneous private placement of 707,500 units generated an additional $7,075,000. Transaction costs totaled $15,008,723, including $9,100,000 deferred underwriting fees.

The trust funds are subject to a 24-month completion window from the July 20 closing. Public shareholders may redeem in connection with a business combination or if the window expires.

Class B founder shares stand at 9,583,333 after the June 17 issuance of 1,916,666 shares; 916,667 remain subject to forfeiture after the partial over-allotment exercise.

Pulse Impact

  • Previous Pulse: 52
  • New Pulse: 51
  • Change: –1
  • Driver: 10-Q read as a slower or weaker beat, so Pulse fell.

AMR Resources Acquisition Corp Form 10-Q (2026-08-27)

Not investment advice. Facts taken from the company’s Form 10-Q.

SEC sources

Summaries of public SEC filings. Company press-release exhibits are not reproduced. Not investment advice, not a proxy solicitation.