0001493152-26-006447
SEC filingMiluna Acquisition Corp (MMTX), a blank check company, reported net income of $317K for FY 2025 ending December 31, 2025, driven by $471K interest income on its trust account offsetting $155K formation and operating costs, resulting in a $155K operating loss. Basic and diluted EPS were both $0 on 4.2M weighted average shares. Total assets stood at $70.2M, primarily $69.5M in cash and marketable securities held in trust account from its IPO, with $752K current assets including $692K cash and $60K prepaid expenses. Liabilities totaled $741K, including $690K deferred underwriting fee and $51K current liabilities. Shareholders' equity was minimal at $11K, reflecting redeemable shares of $69.5M at $10.07 redemption value for 6.9M shares. Cash flows showed net cash used in operations of -$120K, investing outflow of -$69.0M into trust, and financing inflow of $69.8M from unit sales netting $692K ending cash. No prior year comparisons available. Positioned for merger with strong trust liquidity.
Miluna Acquisition Corp (MMTX) reported FY 2025 results with net income of $317K for the period ending December 31, 2025. This reflects a loss from operations of -$155K due to $155K formation and operating costs, offset by $471K interest income on the trust account. Basic and diluted weighted average shares outstanding were 4.2M, yielding basic and diluted net income per share of $0. Total assets reached $70.2M, dominated by $69.5M cash and marketable securities in trust. No prior period comparisons are provided in the filing. The company maintains minimal shareholders' equity of $11K, with 6.9M ordinary shares subject to redemption at $10.07 per share totaling $69.5M. Liabilities include $741K, featuring $690K deferred underwriting fee. Ending cash position was $692K. (148 words)
No revenue reported as this is a special purpose acquisition company (SPAC) prior to business combination. Primary income source was $471K interest from trust account investments. No segment breakdown, geographic mix, or growth drivers disclosed in the filing. Operations remain pre-merger with focus on identifying acquisition target. (62 words)
Not applicable for SPAC structure without revenue. Operating loss of -$155K on zero revenue reflects formation costs. Net income of $317K achieved solely through trust interest income. No gross or operating margins calculable. Cost structure limited to operating expenses of $155K. Retained earnings positive at $11K after interest accretion. No margin trends available absent prior periods. (78 words)
Net cash used in operating activities was -$120K, adjusted from $317K net income for $471K trust interest, $60K prepaid expenses, $50K accrued expenses, $748 other payables, and $44K related party note payments. Investing activities used -$69.0M for trust investments. Financing activities provided $69.8M, including $68.3M public units net of discount, $2.0M private units, $25K sponsor shares, offset by $294K note repayment and $260K offering costs. Balance sheet shows $70.2M assets vs $70.2M liabilities/equity, with high liquidity in $69.5M trust. No debt beyond deferred fees. (112 words)
No management guidance, strategic priorities, or specific risk factors detailed beyond standard commitments and contingencies (N/A). As a SPAC, focus implied on pursuing business combination within standard timelines, supported by $69.5M trust at $10.07/share. Supplemental non-cash items include $690K deferred underwriting and $471K accretion for trust interest. Investors should monitor de-SPAC progress. (74 words)