Cal Redwood Acquisition Corp. filed its quarterly report for the period ended June 30, 2026.
Trust account balance reached $239,776,741, up from $235,633,565 at December 31, 2025, reflecting $4,143,176 in earnings on investments. Redemption value stood at $10.43 per share for the 23,000,000 Class A shares.
Company held $821,425 in cash with a working capital surplus of $558,324. No Working Capital Loans were outstanding.
Net income for the six months totaled $3,643,470, driven by trust earnings offset by $515,257 in general and administrative expenses.
No business combination target has been identified. The Completion Window runs to May 27, 2027.
IPO closed May 27, 2025 with 23,000,000 units sold at $10.00 each plus 660,000 private placement units, generating $230M gross proceeds into trust.
Pulse Impact
- Previous Pulse: 39
- New Pulse: 37
- Change: –2
- Driver: 10-Q read as a slower or weaker beat, so Pulse fell.
Cal Redwood Acquisition Corp. Form 10-Q (2026-08-17)
Not investment advice. Facts taken from the company’s Form 10-Q.