QDRO Acquisition Corp. reported a consolidated net loss of $(145,685) for the first quarter of 2026 and diluted loss per share of $(0.03). The company had no operating revenues during the quarter as it continues to pursue a de-SPAC business combination.
Financial Highlights
- Net income was a loss of $(145,685) for Q1 2026 (consolidated net loss for the quarter).
- Diluted EPS was $(0.03) for Q1 2026.
- Revenue: No operating revenues reported for Q1 2026 (the Company has no operating revenues prior to a Business Combination).
Business Highlights
- Business model: The company is focused on completing a de-SPAC business combination to acquire operating business(es), using IPO proceeds and outstanding warrants.
- Operations: No operating revenues to date; activities are limited to organization, IPO preparation, due diligence and target identification.
- Capital deployment: IPO proceeds are held in a trust account for future target operations; interest from the trust may be used to cover taxes or working capital after a business combination.
- Management & support: The CEO and CFO are engaged under service agreements, and administrative support costs are reimbursed monthly to the Sponsor to facilitate the search for a target.
Original SEC Filing:
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