0001213900-26-034193
SEC filingAxiom Intelligence Acquisition Corp 1 Units (AXIN), a blank check company, reported net income of $3.6M for FY 2025 ended December 31, 2025, driven by $4.2M interest earned on investments held in the Trust Account offsetting $585K general and administrative expenses, resulting in a $585K loss from operations. Total assets stood at $205.2M, primarily from $204.2M in Trust Account investments and $872K current assets including $736K cash. Liabilities totaled $8.1M, including $8.0M deferred underwriting fee, with shareholders' deficit of -$7.2M. Cash flows showed net cash used in operations of -$261K, investing outflow of -$200.0M for Trust deposits, and financing inflow of $201.0M from IPO proceeds. As a SPAC post-IPO in June 2025 raising $200M gross, the company holds $204.2M in Trust (at ~$10.21/share redemption value for 20M shares), seeking a Business Combination by June 2027. No operating revenues generated; focus remains on European infrastructure targets in energy, digital, and transportation sectors amid no prior-year comparables due to inception in January 2025.
Axiom Intelligence Acquisition Corp 1 Units (AXIN), a Cayman Islands SPAC incorporated January 30, 2025, reported FY 2025 results with net income of $3.6M for the period ended December 31, 2025. This reflects $4.2M interest on Trust Account investments minus $585K G&A expenses, yielding a $585K operating loss. Post-IPO June 20, 2025 (20M units at $10/share, $200M gross proceeds), Trust grew to $204.2M including interest. Balance sheet: total assets $205.2M (Trust $204.2M, cash $736K, current assets $872K); liabilities $8.1M (Deferred Fee $8.0M, current $105K); shareholders' deficit -$7.2M. Cash flows: operating -$261K, investing -$200.0M, financing +$201.0M, net cash increase to $736K. No prior periods for comparison as inception-year filing; liquidity supports search for Business Combination.
No operating revenues generated, as expected for pre-combination SPAC. Income solely from $4.2M non-operating interest on Trust investments (U.S. Treasuries/money market funds). Focus on European infrastructure (energy, digital, transportation) targets; no segment revenue disclosed.
Not applicable; no revenue or gross profit. Operating loss $585K (100% of G&A). Net profitability from Trust interest yield (~2.1% on $200M average balance). Accumulated deficit -$7.2M reflects formation/IPO costs.
Operating cash use -$261K (net income $3.6M adjusted for $4.2M non-cash interest, working capital changes). Investing: -$200.0M Trust deposit. Financing: +$201.0M (IPO $196M net public, $6M private, $2M sponsor receivable settled). Ending cash $736K; strong liquidity outside Trust ($766K working capital). Balance sheet robust with $204.2M liquid Trust; low debt, $8.1M liabilities mainly deferred.
Management targets Business Combination by June 20, 2027 (extendable), focusing European infrastructure amid $2T investment gap. Risks: competition, redemptions impacting Trust, Nasdaq 36-month rule. $736K outside Trust funds due diligence; potential Working Capital Loans up to $1.5M. No guidance on targets; dissolution if no deal, redeeming at ~$10.21/share.