HVMCU · Highview Merger Corp. Class A Ordinary Share

Highview Merger Corp. reported net income of $1.7M for Q1 2026, driven by interest income from its Trust Account investments in short-term government treasury obligations, money market funds, or cash equivalents held in demand deposit accounts. This income more than offset the $288.6K operating loss stemming from general and administrative expenses associated with public company compliance, due diligence efforts, and administrative overhead typical for a pre-merger SPAC. The Trust Account's short-term nature ensures no material exposure to interest rate risk, providing reliable income to support operations during the business combination search.

To address potential working capital deficiencies and finance transaction costs, the Sponsor, its affiliates, or certain officers and directors may loan funds as needed, evidenced by promissory notes. Management may also seek external financing prior to closing the business combination to cover working capital needs and deal-related expenses. This support structure serves as a liquidity lifeline amid ongoing pre-merger activities.

The company expects to continue incurring significant costs in pursuit of acquisition plans. Management's strategy centers on completing a business combination to resolve going concern uncertainties related to liquidity and operational funding. Investors should note that Trust Account assets remain protected for redemption purposes, separate from operational cash needs.