Clearthink 1 Acquisition Corp. reported first-quarter 2026 results showing net income of $414794 and diluted earnings per share of $0.05, driven by interest income from funds held in trust rather than operating revenues.
Financial Highlights
- Net income was $414,794 for Q1 2026.
- Diluted EPS was $0.05 for Q1 2026.
Business Highlights
- Operational status: the company has no operating revenues; activities were limited to organization, IPO preparation and pursuing an initial Business Combination.
- Revenue growth: interest income from the trust generated the quarter's net income; there were no operating revenues.
- Dealmaking focus: primary milestone remains identifying, diligencing and negotiating a target for an initial Business Combination.
- Liquidity use: approximately $1.7M outside the trust was allocated to target evaluation, due diligence, travel and transaction preparation.
Original SEC Filing:
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