Averin Capital Acquisition Corp. reported first-quarter 2026 results in its 10-Q, recording net income of $832500 and diluted earnings per share of $0.04 as the blank-check company continues to operate pre-revenue while pursuing a business combination.
Financial Highlights
- Net income was $832,500 for the quarter ended March 31, 2026.
- Diluted earnings per share was $0.04 for the quarter ended March 31, 2026.
Business Highlights
- Completed IPO and private placement, placing approximately $283.86M in trust to fund a future business combination.
- Focused on acquisitions at the intersection of technology and health; active search and due diligence are underway.
- Company is pre-revenue; activities during the quarter were limited to formation, the IPO, evaluation of targets and administrative matters.
- Incurring increased public-company costs—including legal, reporting and due diligence—and drawing modest operating cash outside the trust to support the public-company buildout.
Original SEC Filing:
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