New America Acquisition I Corp. 1Q 2026: Net income $2.06M, EPS $0.04— 10-Q Summary

About this update from New America Acquisition I Corp.

New America Acquisition I Corp. reported net income of $2.06M and diluted earnings per share of $0.04 for the first quarter ended March 31, 2026, with no operating revenues as the special-purpose acquisition company continues to seek a business combination. Financial Highlights Net income: $2.06M for Q1 2026 (consolidated net income for the three months ended March 31, 2026). Diluted EPS: $0.04 basic and diluted net income per redeemable share and $0.04 per non-redeemable share for Q1 2026. Revenue: Not reported for the three months ended March 31, 2026 (no operating revenues; only interest income disclosed). Business Highlights Business model: Newly formed blank-check SPAC focused on acquiring target businesses in technology, healthcare and logistics. Operations: No operating revenues to date; the company earns interest income on trust assets prior to a business combination. Capital and strategy: Approximately $345M held in trust to fund a prospective acquisition; management may pursue additional financing as needed. Activity and expenses: Incurred public-company and deal-sourcing expenses and deployed about $855K outside the trust for target search, due diligence and administrative costs. Original SEC Filing: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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