D. Boral Acquisition I Corp. reported net income of $1.25M and diluted earnings per share of $0.04 for the first quarter ended March 31, 2026, with no operating revenues as the company continues to pursue an initial business combination.
Financial Highlights
- Net income was $1.25M for Q1 2026.
- Diluted EPS was $0.04 for Q1 2026.
Business Highlights
- Organizational and IPO activities are complete; the company is actively sourcing and diligencing targets for an initial business combination.
- No operating revenues to date; activity funded primarily by non-operating interest income from trust funds and available outside-trust cash.
- Substantially all trust proceeds are reserved for a business combination; available outside-trust cash has been used for due diligence, travel and document review.
- Sponsor may provide bridge financing if needed; management expects to rely on trust proceeds and potential sponsor financing to complete and fund post-combination operations.
Original SEC Filing:
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