Technology & Telecommunication Acquisition reported no operating revenues for the three months ended Feb 28, 2026, recording interest income only from its Trust Account and a net loss of $0.15 million, or $(0.04) per Class A ordinary share. The company reported no gross profit or operating revenues as it remains pre-combination and largely engaged in transaction-related activities. Results reflect ongoing organizational and IPO-related costs ahead of a planned business combination expected to close in the second quarter of 2026.
Financial Highlights
- Revenue: $0.00 million — no operating revenues; company generates only interest income from Trust Account
- Gross Profit: $0.00 million — not applicable — no revenues or cost of goods sold reported
- Operating Income (Loss): $(0.15) million — Loss from Operations of $(149,585)
- Net Income: $(0.15) million — Net loss of $(148,317) for the three months ended Feb 28, 2026
- Net Income Per Share: $(0.04) — Basic and diluted net loss per Class A ordinary share
Business Highlights
- Business Focus: Focused on completing an initial business combination targeting vision sensing technology companies and related operations.
- Operational Activity: Primarily engaged in organizational activities, IPO preparation and target identification; the company has not commenced revenue-generating operations pre-combination.
- Liquidity & Use of Funds: Funds held in the Trust Account are earmarked to finance the proposed acquisition and post-combination operations; interest from the Trust Account may be withdrawn to pay taxes.
- Transaction Milestone: Entered into a definitive Merger Agreement to acquire Bradbury Capital Holdings using a two-step reincorporation and acquisition structure, with the transaction expected to close in Q2 2026.
Original SEC Filing:
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