Vendome Acquisition reported zero operating revenue for the period and recorded net income of $3.870407 million, driven primarily by interest income earned on its IPO trust account; there were no operating activities contributing to sales. Earnings reflect investment income of $4.032946 million from the trust offset by $0.162539 million of expenses, resulting in the reported net profit. The company remains a blank-check acquisition vehicle preparing for an initial business combination.
Financial Highlights
- Revenue: $0.00 — no operating revenues prior to an initial business combination.
- Gross Profit: $0.00 — no operating activities or sales during the period.
- Net Income: $3.870407 million — primarily investment income from the trust account.
- Net Income Details: Investment income from trust interest of $4.032946 million less expenses of $0.162539 million.
Business Highlights
- Capital Raise & Trust Funding: Completed an IPO and concurrent private placement on July 3, 2025, raising $200 million which was deposited into a trust to be used for a target acquisition.
- Operational Activity: To date the company has no operating revenues and its activities have been limited to corporate formation, IPO preparation, identifying potential targets and conducting due diligence.
- Cash Available for Transactions: Approximately $204 million held in the trust plus roughly $305,000 of operating cash to support due diligence, travel and pre-combination transaction costs.
- Forward-Looking Strategy: Intends to pursue one or more business combinations using cash, equity or debt and may seek additional financing if needed to complete a transaction.
Original SEC Filing:
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